World business, finance, and political news from the Financial Times

Gavyn Davies
An unmistakable shift in the Fed’s centre of gravity

Mohamed El-Erian
Markets underprice geopolitical risk

Highlights

©Bloomberg

7:54am COMPANIES

Co-op Bank seeks to raise further £400m

Lender warns of underlying pre-tax loss of up to £1.3bn

8:07am

BNP chief predicts fall in bankers’ pay

Fixed income trading hit by regulation

9:59am

Ukraine evacuates its forces from Crimea

Order comes as Obama warns Russia over military action

NEW

More debris spotted in Indian Ocean

Australian ship heads to where objects found in hunt for MH370

10:07am

French spurt helps eurozone recovery

Purchasing managers’ index ends months of contraction in France

Francois Hollande leaves a polling booth before casting his ballot for the first round in the French mayoral elections at a polling station in Tulle, central France

©Reuters

9:40pm WORLD

Hollande hit by National Front vote

Le Pen’s party wins first mayoral seat in France for almost 20 years

Men walk out of JP Morgan Chase & Co headquarters in New York, May 14, 2012. JPMorgan Chase said Monday its chief investment officer Ina Drew was resigning in the wake of the bank's stunning $2 billion loss on derivatives trading. Drew is "retiring" after more than 30 years at the bank, JPMorgan said, but her departure comes days after the bank reported a huge "egregious" loss that came under her responsibility at the bank's chief investment officer (CIO). AFP PHOTO/Emmanuel DunandEMMANUEL DUNAND/AFP/GettyImages

©AFP

7:29am COMPANIES

Top JPMorgan China banker resigns

Fang Fang leaves US bank amid princeling hiring probe

Lex JPMorgan – over the barrels
beyondbrics JPMorgan warns of systemic risk from EM credit growth

©Dreamstime

Mar 23, 2014 MARKETS

BlackRock warns on Scotland split

Independence would create ‘major uncertainties, costs and risks‘

Boldness in Business awards 2014

Alibaba: Ma’s bazaar

The company is responsible for almost single-handedly bringing ecommerce to China
Stamp of authority: Moya Greene

Known as a tenacious corporate moderniser, the Royal Mail chief is bolstering her reputation at the newly privatised company
Skanska’s lofty ambitions

Group is on its way to being world’s greenest building contractor

Abdullah Gul, president (right) and Recep Tayyip Erdogan, prime minister

©Getty

7:32pm WORLD

Erdogan defiant over Twitter ban

PM hits back after president says government acted outside law

A MACHINE COUNTS AND SORTS OUT EURO NOTES AT THE BELGIAN CENTRAL BANK IN BRUSSELS

©Reuters

7:31pm COMPANIES

Regulators warn as risky loans soar

Debt investors snap-up riskier securities at faster rate than at peak of credit bubble

©Bloomberg

7:13pm COMPANIES

Standard Life in talks to buy Ignis

Sale would assist Phoenix in aim of reducing leverage

Face to Face Ignis follows zigzag path to resist rising tide of ETFs

Ferdinando Beccalli-Falco: EUROPE, GERMANY, HESSE, FRANKFURT: 2012/02/05: interview with Ferdinando Beccalli-Falco, President and Chief Executive Officer (CEO) of GE Europe & North Asia and CEO GE Germany - Martin Leissl

©Martin Leissl

6:14pm COMPANIES

GE Europe chief wants UK to stay in EU

Ferdinando Beccalli-Falco also warns over Scottish independence

Comment and Analysis

Office Leases In City Of London Slump On Economy

©Bloomberg

1:31pm Working Smarter from MANAGEMENT

Office secrets and curious spouses

How much should you tell your partner about confidential work?

Working Smarter Using a secretary
The Careerist How to declutter your working life
Lucy Kellaway The office almanac

CT00GR Passengers using mobile phones, iPads and computer game technology on a london underground train, UK

©Alamy

3:02pm COMMENT

Candy Crush: Play it again

The makers of the mobile game insist a secret sauce justifies their multibillion dollar valuation

The Top Line Hi-tech is hot but try not to get burnt
Candy Crush seeks $7.6bn value in IPO

©Getty

5:41pm

Wolfgang Munchau from COMMENT

Play the long game on sanctions

The region needs to address its dependence on Russian energy and cash, writes Wolfgang Münchau

Best comments from our readers

"I once worked for a Scandinavian company and had to change my working patterns. In that culture anyone who worked after 5pm was viewed with great suspicion. Anyone needing to be in the office late was either (a) no good at their job because they couldn't get it done during the day or (b) covering up some fraud or mistake or (c) a combination of the two."
By John Bloom on Workaholic ex-bankers impose long-hours culture on new colleagues

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By Jimmy Gatts on Mt Gox finds 200,000 ‘lost’ Bitcoins in old wallet

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