Reuters

Greece's political leaders meet on Wednesday to form a caretaker government to take it to a second election in just over a month, with its euro membership at stake and its president speaking of "fear that could develop into panic" at its banks. President Karolos Papoulias was forced to call a new vote after failing to cobble together a coalition government.

BBC

Top executives at JPMorgan Chase are expected to resign this week following $2bn (£1.2bn) of losses at the bank's London trading desk, reports suggest. They include chief investment officer Ina Drew, the New York Times said. Two other high-ranking executives are also set to leave, according to US media. On Sunday, JPMorgan boss Jamie Dimon said he was "dead wrong" to dismiss concerns about trading at the bank.

Reuters

Britain's biggest fixed-line telecoms firm BT hiked its dividend on Thursday after deep spending cuts and strong demand for broadband helped the group to grow earnings and cash despite falling overall sales.

Reuters

Rebekah Brooks, a former chief executive of Rupert Murdoch's British newspaper arm, has been charged with perverting the course of justice over a phone hacking scandal at one of the media mogul's papers, British prosecutors said on Tuesday. "I have concluded ... there is sufficient evidence for there to be a realistic prospect of conviction," said Alison Levitt, Principal Legal Advisor to the Director of Public Prosecutions.

BBC

JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of $2bn (£1.2bn) on complex investments made by its traders. Overall, after accounting for other gains, losses at its chief investment office (CIO) are estimated to come in at $800m in the second quarter. The loss could be as big as $1bn, chief executive Jamie Dimon said in an unscheduled conference call.

Reuters

Radical leftist Alexis Tsipras meets the leaders of Greece's mainstream parties on Wednesday to try to form a coalition government, an effort seen as doomed after he demanded they first agree to tear up the country's EU/IMF bailout deal.An inconclusive election on Sunday has left Athens in political disarray, with no clear path to form a government.