MP calls for Yorkshire Building Society vice-chair to quit over LV= role Chair of parliamentary mutuals group questions commitment of Alison Hutchinson to the sector
‘HMRC gave me £775,000 by mistake – and it’s turned into a nightmare’ Staff processing a £23 parcels duty rebate paid the life-changing sum into a woman’s bank account
TSB to close quarter of branches in ‘another hammer blow’ to UK high street Bank is latest to announce slashing of branch network in response to increase in digital banking use
Westpac admits it broke law and agrees to pay $113m in penalties Asic hit bank with six lawsuits over shoddy treatment of customers – including charging fees to dead people
A banking crisis isn’t just bad for business, it can also poison politics The failure of Germany’s second biggest bank in 1931 was a factor in the rise of the Nazis
As buyer’s remorse begins to stalk even ardent Brexiters, they can no longer indulge in fantasy The government has to give up on playing games and start to make deals with the EU
JP Morgan boss ‘regrets’ making joke about Chinese Communist party Chastened Jamie Dimon apologises for saying he would bet on bank outliving Chinese regime
David Cameron lobbied Lloyds director to save Greensill pharmacy deal Bank continued funding supply-chain finance scheme for NHS pharmacies after appeal to Tory peer
Halifax cuts interest rate on Kids’ Saver account to 1% Returns cut from 1.45% on balances up to £5,000 despite expected rise in Bank of England base rate
Revolut banking app lets teens in UK and Europe use Apple Pay Allowing 13-year-olds with a Junior account to use iPhone or Apple Watch ‘adds an extra layer of safety’
‘Terminated’ takeover of Metro Bank blow to idea of challenging old guard Failure of talks shows bank consolidation at bottom end of industry never seems to achieve momentum
Metro Bank shares slump after US buyer ends takeover talks Troubles for challenger bank continue, with Carlyle Group saying it was no longer interested
JP Morgan chief skips quarantine as he jets into Hong Kong Jamie Dimon let off 21-day hotel quarantine because he runs a ‘very huge bank’, says Carrie Lam
Barclays mortgage customers face ‘nightmare’ of poor credit ratings Guardian Money hears from people trapped on high-cost deals after bank wrongly recorded defaults on files
Jes Staley reportedly exchanged 1,200 emails with Jeffrey Epstein in four years Some emails between ex-Barclays boss and Epstein used unexplained phrases such as ‘snow white’, FT reports