Santander profits soar as UK mortgage lending keeps growing Bank, which is Britain’s third-largest mortgage lender, reports pre-tax profits of £687m for third quarter
Americans paying 25% more towards car loans than 10 years ago Consumer Reports study finds many pay high annual percentage rates despite good credit scores while car loan debt soars to $1.4bn
Barclays continues to wreck credit rating with mortgage claims Despite a promise to rectify its mistake, the bank claimed six more times that a reader had paid late
Why are UK banks making so much money and why are their taxes being cut? Bumper profits come as other sectors do not seem to be reaping the same benefits
Oil prices climb to fresh highs, UK petrol price hits record – as it happened Rolling coverage of the latest economic and financial news
HSBC profits rise 74% as economy rebounds from Covid crisis Bank announces share buyback programme of up to $2bn as results beat City forecasts
American Express to raise credit card interest rates by more than 2% Experts say move by Amex from February could encourage other providers to follow suit
Sainsbury’s ends talks on sale of banking operation Supermarket concludes expressions of interest do not offer better value for shareholders than keeping unit
Barclays profits double as CEO brushes off inflation and supply chain fears Strong mortgage lending and booming investment fees boost quarterly profits to £2bn
Another 48 Lloyds and Halifax bank branches to close Union condemns move by banking group, which announced multibillion-pound profits in July
Credit Suisse fined £350m over Mozambique ‘tuna bonds’ loan scandal Bank also pleads guilty to wire fraud and forgives hundred of millions of dollars of debt owed by country
Sunak to cut tax on banks to keep City competitive, say reports Chancellor said to be planning to slash corporation tax surcharge from 8% to 3% from April 2023
Jellied eel canapés and venison: No 10 hosts biggest names in business Boris Johnson dines with Bill Gates, David Solomon and more to kick off global investment summit
Sex discrimination: why banks shun workers in adult entertainment Businesses and individuals have been frozen out of accounts with little explanation despite acting perfectly lawfully
Azor review – eerie conspiracy thriller about the complacency of the super-rich Andreas Fontana’s debut feature is an unnervingly subtle drama about a Swiss private banker visiting clients in Argentina during the period of the military junta and ‘disappearances’