US President-elect Barack Obama intends to push a comprehensive programme of social and economic reform beyond an immediate emergency stimulus package, Rahm Emanuel, the next White House chief of staff, indicated
European leaders will use the G20 summit to urge Washington to back reforms of the world’s financial system, amid claims that Americans should help clear up a mess they created
An attempt by two former bank chiefs to halt the merger of HBOS and Lloyds TSB is rejected by the HBOS board.
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