Check out our round-up of latest business and finance news
The youngest of Kardashian/Jenner clan posted a tweet on Wednesday criticising the new Snapchat update. By Thursday afternoon, $1.3bn had been wiped from their market value.
Carillion’s former finance director considered pension payments a “waste of money”, according to the minutes of a meeting between trustees and the regulator in 2013.
The bank, which is majority-owned by the taxpayer, made an annual profit of £752m. The Chief Executive told the BBC it was “a really symbolic moment”.
Standard Life Aberdeen has sold a bulk of its insurance business to Phoenix Group for £3.24 billion. This is to allow it to focus on savings and investment products.
Jeremy Corbyn has accused bankers of taking the economy hostage and has stated that the financial sector will be “the servant of industry” in a speech to a manufacturers’ conference.