HSBC to reveal plans over UK headquarters in face of bank levy

CEO Stuart Gulliver expected to address strategy just a day before George Osborne’s annual Mansion House speech to audience of top bankers

Scrap the G7 and its summit – it is hopeless, divided and outdated

Larry Elliott: The G7 has for a long time lacked the unanimity and leadership to tackle its many problems, particularly cutting carbon emissions and Greece’s unpayable debts

The troika is supposed to build Greece up, not blow it apart. Time for a ceasefire

Rather than carrying on sniping, the EU and IMF must give Tsipras and his democratic government much more time to reach a workable deal

Osborne’s Mansion House hot topics: rigging, ringfences and RBS

On the menu this week at the annual City dinner will be tough talk on market manipulation, plus bailouts and the bank levy

Will a rise in US interest rates cause investments to tumble?

Even the mere prospect of the Federal Reserve raising interest rates has delivered a shock to US markets due to a lack of liquidity – so what can investors expect when the inevitable rate hikes actually come to pass?

EU leaders stage late-night mini-summit to try to defuse Greek crisis

Outcome unclear after ECB and IMF chiefs join Merkel and Hollande to seek joint position on negotiations over Greek bailout

Chancellor to set out RBS plan in Mansion House speech

Royal Bank of Scotland is still 79% owned by the taxpayer, in contrast with Lloyds Banking Group, where the government stake has dropped below 19%

‘Big’ is broken in all walks of life, not just politics

Citizens are turning their backs on large organisations and instead are looking for other ways to take control of their lives and make a difference

Norman Foster’s Hong Kong HSBC headquarters tore up the rule book – a history of cities in 50 buildings, day 45

With the handover of Hong Kong to Beijing looming, HSBC’s board wanted a prominent symbol of their bank’s political power. Norman Foster delivered, taking the 1960s dream of a plug-in, prefab city and making it real

Giles Fraser: my hopes for the Occupy St Paul’s drama that puts me on the stage

When anti-capitalist protesters set up camp on the steps of St Paul’s in London, its canon chancellor found himself at the heart of a crisis that shook the church even more than the City. As a new play, Temple, explores the affair, he questions the very existence of the cathedral itself

RBS paves the way for government to shed its 79% stake in the bank

Outgoing chairman Sir Philip Hampton asks shareholders to approve cost of producing any documents and fees associated with the process

Australia’s banks have 10% loans in risky fossil fuels, says investment adviser

Biggest four banks have about 10% of known loan arrangements in coal, oil and gas projects, which could be ‘stranded’ by policy change, research shows

Excessive banking salaries will only be curbed by more competition

The government can’t restrict bank staff’s pay, as Steve Hilton suggests. But it can enforce true competition and refuse to do business with banks that think they are too big to fail

Why does Barclays want to build a city in the middle of the New Mexico desert?

Santolina, a planned 38,000-home mega-development on the outskirts of Albuquerque, has got local residents deeply concerned that it will suck up desperately needed water amid warnings of a future megadrought

UK productivity has stayed stubbornly low for years. Dare we hope for better?

The Bank of England foresees more demand, skilled workers, investment and innovation. Let’s hope it’s right this time