The US Treasury is to sell part of its majority shareholding in failed insurer AIG.
Jupiter financials manager Guy de Blonay warns of challenging summer ahead for financials as markets digest macroeconomic worries
The world's largest search engine is borrowing $3bn (£1.85bn) from the bond market as the returns investors demand from creditworthy companies declines to its lowest since November, the Telegraph reports.
The US treasury is battling to slash spending after the country's national debt soared to $14trn, reaching a self-imposed limit set by Congress last century.
Warnings from the White House, an RBS share sale, fake mortgages and PPI winners - our round-up of today's national newspapers.
Federal Reserve chairman Ben Bernanke has warned of a Lehman-style meltdown if the US Congress uses the national debt limit as a "bargaining chip", the BBC reports.
Schroders' head of US large-cap equities Jonathan Armitage is leaving the firm after almost two decades to return to Australia.
A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.
Felix Wintle, the manager of the £673m Neptune US Opportunities fund, has blamed a tough first quarter this year for his fund's lacklustre performance over the last 12 months.