Close Brothers shares surge after UK bank says it can ‘comfortably absorb’ cost of car finance compensation

Specialist lender says it expects its slice of £9.1bn compensation set by FCA to be about £320m

JP Morgan reaches agreement with City airport for Canary Wharf’s tallest tower

Bank to submit planning application shortly, after securing deal on 265m-high London Docklands building

CBI figures showing surprise jump in financial sector’s growth will be welcome news for Rachel Reeves

JP Morgan boss warns of risks of higher inflation and interest rates due to Iran war in annual letter to shareholders

The reforms announced by the Reserve Bank on Tuesday will have ripple effects across the whole payments system, experts say

I transferred money to my current account for exchange of contracts, but the bank refused access to the funds

City regulator reduces number of loan agreements in line for compensation from 14m to 12m

US bank will get deal it doesn’t really need as it would be far too embarrassing for Treasury to see investment sail away

Law firm is preparing claim on behalf of 30,000 consumers who fear the FCA’s redress scheme will shortchange them

Letter from group published by MPs blames 12 March glitch on software update to its mobile banking apps

We have two choices: be paralysed by fear or just continue with what we are doing. I know what I choose, says Guardian columnist Emma Brockes

Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month

Move follows the granting of a worldwide asset-freezing order on company’s founder, Paresh Raja

Company says tool to compare self-reported hours with computer estimates is for ‘awareness, not enforcement’

Fed officials expected to lower capital requirements for banks such as Goldman Sachs and JPMorgan Chase by 4.8%