19 September 2013 Last updated at 10:22 ET

JP Morgan pays $920m to regulatorsJP Morgan sign

US investment bank JP Morgan Chase agrees to pay regulators $920m (£572m) relating to a $6bn loss incurred in 2012 as a result of the "London Whale" trades.


Hiroshi YamauchiNintendo visionary Yamauchi dies

Hiroshi Yamauchi, the Japanese businessman credited with transforming Nintendo into a world-leading video games company, dies aged 85.

Asos screenAsos shares jump on sales growth

Asos shares close 13% higher after the online fashion retailer reports a strong rise in sales and says that profits will beat analysts' forecasts.

Robert Peston, Business editor Article written by Robert Peston Robert Peston Business editor

Morgan flattened by Whale

Today's verdicts on JP Morgan "Whale" trades have devastated its reputation as one of the world's best managed banks and also show up holes in the international system for regulating banks.

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