Private equity giant to go public

Credit crunch hits US bank profit
Profits at the US banks JP Morgan Chase and Wells Fargo drop sharply - but beat Wall Street's fears.

Ministers seek summit solutions
Finance minister from the Group of Seven rich countries will be meeting in Washington to discuss the credit crunch.

BAE firm in body armour pay-out
A subsidiary of UK defence giant BAE Systems has agreed to pay millions of dollars to the US government over defective body armour.

Wall Street bail-out goes to vote
The lower house of the US Congress votes on the $700bn deal that aims to bail out Wall Street and end the credit crunch.

Spanish bank giant to acquire B&B
Spanish banking giant Santander is to acquire Bradford & Bingley's savings business, worth £20bn, affecting 2.6m customers.