Rolling business and financial news, as negotiations over a third Greek bailout continue and markets await the Fed’s decision on interest rates tonight
Bavarian PM on Grexit chaos
Markets rally ahead of the FedIntroduction: Talks resume in Athens today
Greek stock market investors need to stay patient.
The Athens exchange won’t open today, because the government hasn’t issued a ministerial decree to allow trading to resume.
You need nerves of steel to play the Chinese stock market right now.
Believe it or not: #China regulators manages to get stocks into the green. Shanghai Composite ends up 3.5%. pic.twitter.com/UBDScuPKKl
For all the talk of clean-ups and fresh starts, Britain’s banks are still paying for the mistakes of the past.
The figure was revealed as John McFarlane, the chairman who is standing in as chief executive following the ousting of Antony Jenkins earlier this month, pledged to accelerate the disposal of risky businesses, cut costs at the scandal-hit bank and change the dividend policy.
Included in the provision is a further