Markets TSB hires female chief after IT meltdown: Debbie Crosbie is most powerful woman in British banking 2018-11-19T23:07:31.000000000+00:00 Crosbie will take over in the new year after Paul Pester resigned in September. He was ousted after the April disaster which locked as many as 1.9m customers out of their accounts. Neil Woodford dragged into Stobart boardroom battle in yet another setback for fund manager 2018-11-19T21:51:41.000000000+00:00 The 58-year-old told the High Court he was shocked by what he described as 'totally false' allegations he was part of a conspiracy to harm Southend Airport-owner Stobart Group. New owner of Johnston Press accused of 'dumping' responsibility for staff pension schemes 2018-11-19T21:51:38.000000000+00:00 The publisher, which owns titles including the i and The Scotsman, was rescued by creditors through newly formed company JPI Media, in a controversial pre-pack administration deal. Patisserie Valerie's embattled parent group handed financial lifeline by banks 2018-11-19T21:51:36.000000000+00:00 Patisserie Holdings' lenders have agreed to extend its loan agreement to January 18 amid an internal probe into alleged fraud. Babcock battling to calm investors' fears about its finances following dramatic slump in share price 2018-11-19T21:51:34.000000000+00:00 The defence contractor, which maintains submarines carrying Britain's nuclear deterrent, has seen its value more than halve in the past five years, leaving it valued at around £3 billion. Corporate raider targeting Barclays expected to demand seat on board in coming weeks 2018-11-19T21:51:32.000000000+00:00 American Edward Bramson owns more than 5 per cent of the bank through his fund Sherborne Investors and is thought to be pushing for a break-up of its prized investment arm. Noel Edmonds to launch £60m lawsuit against Lloyds over claims it wrecked his firm 2018-11-19T21:51:27.000000000+00:00 The TV presenter argues that a clique of criminal bankers at the Reading branch of HBOS, which Lloyds had bought at the height of the financial crisis, destroyed his company Unique Group. AJ Bell forging ahead with float next month which will net its founder £140m fortune 2018-11-19T21:51:24.000000000+00:00 Boss Andy Bell, who set up the company in 1995 and retains a 28 per cent stake, is believed to be selling up to £14m worth of shares in the listing, along with fellow employees and institutional investors. MARKET REPORT: Some of America's biggest tech companies take a hammering from investors 2018-11-19T21:51:16.000000000+00:00 Apple fell nearly 4 per cent following reports that the company has cut production orders for the iPhones unveiled earlier this year. Facebook followed suit, falling more than 5 per cent. FTSE LIVE: TSB names new boss; Brexit in the spotlight as the pound and FTSE jump at the open 2018-11-19T17:19:37.000000000+00:00 The FTSE 100 closed down 12.99 points at 7000.89 and the pound was at $1.28 against the dollar.