Goldman Sachs is expected to make its first quarterly loss since the depths of the financial crisis, underlying how the current market turmoil is hurting Wall Street's biggest banks. France and Germany will make a high-stakes attempt to settle their differences over who pays for a multi-billion pound rescue of eurozone banks, with the French pushing for help from the eurozone's emergency fund. Hugh Osmond has pulled out of the running for the 632 branches up for sale from Lloyds Banking Group in what will be a bitter blow for Antonio Horta-Osorio, the bank's chief executive. The head of one of the world's largest airline groups and owners of British Airways has dismissed plans for a new super-airport covering Heathrow and Gatwick as lacking credibility. The consumer economic downturn should have been kind to loyalty schemes – as millions more shoppers signed up to discounts and rewards to save money.Global financial crisis heralds loss for Goldman Sachs
France pushes Germany on bank rescue deal
Sun ceases to shine on Lloyds' branch disposal
Willie Walsh attacks 'Heathwick' plan
Nectar Card hit hard by low interest rates
Sunday, 9 October 2011
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