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Demonstrators are preparing to march on New York's financial district, with rallies also planned in several other US cities. Occupy Wall Street organisers hope to attract thousands of people to the rally in lower Manhattan, having won the backing of powerful unions. The demonstrations are now in their third week and show no sign of fading.

A former chairman of one of Egypt's major banks was arrested Monday on charges of sexually abusing a maid at a Manhattan hotel, just weeks after the arrest of former International Monetary Fund chief Dominique Strauss-Kahn on similar allegations, police said.

Workmen rolled up their sleeves at American International Group Inc this weekend to take down the most prominent sign at the downtown Manhattan offices of the embattled insurer.