Philip Hammond adds cryptocurrency role to post-Treasury jobs list Former chancellor joins Copper.co as adviser weeks after being criticised by Westminster lobbying watchdog
NatWest faces £340m fine after admitting ‘money-laundering’ failings Bank pleads guilty to failing to properly monitor £365m deposited into account of Bradford jeweller
Banks given new borrowing rule as Australian house prices soar Regulator Apra tells lenders to ensure new mortgagees can cope with three percentage point rise in interest rates
Scamdemic: readers’ £1m losses highlight scale of the UK’s fraud crisis Victims’ stories show that despite banks’ safeguards, transfers seem too easy and refunds hit and miss
Chair of UK open banking body resigns over bullying report CMA investigation into claims of sexist and racist behaviour concludes OBIE allowed ‘a culture of intimidation’
Virgin Money to close 31 branches across Scotland and north of England Move to cut one in five outlets means bank has more than halved number of branches since 2018
Scam ‘epidemic’: Big tech firms must join fight, says Nationwide chief Building society launches pre-payment hotline after bank-transfer scams rise sharply during pandemic
‘We’ve signed Ronaldo’: could other banks follow Goldman Sachs to Birmingham? As the bank hires nearly 100 staff in the city, the region’s mayor hopes to attract more big firms
UK care homes face funding crisis as banks refuse loans Providers say lenders have ‘no appetite’ for industry battered by Covid and staff crisis
JP Morgan launches digital-only Chase current account in UK Analyst believes offering from US bank ‘will blow the competition out of the water’
The Guardian view on Europe’s centre-left: new grounds for optimism Editorial: There are signs that previously struggling social democratic parties are drawing the right lessons from the pandemic
‘Eerie silence’ as Evergrande misses payment deadline As debt-laden Chinese property giant enters 30-day grace period, officials look to limit unrest and job losses
Banks must treat victims of scams more fairly, says UK complaints body Number of people asking ombudsman for help rose by 66% between April to end of June
Fraud victim scammed for almost £25,000: ‘They had detailed information’ Merrick Anderson was called by someone posing as a member of Lloyds Bank’s fraud department
Fraud in UK at level where it ‘poses national security threat’ UK Finance says £754m stolen from bank customers in first half of 2021 as scammers capitalised on Covid