Revolut becomes UK’s biggest fintech firm with £24bn valuation Surge comes after banking app raised $800m from new investors Tiger Global Management and SoftBank
Financial Conduct Authority to open offices in Cardiff, Belfast and Leeds Regulator’s plan to become less London-centric also includes doubling of headcount in Edinburgh
Would you pay £63 for a chicken? The artist who built a street to show house price madness When Doug Fishbone came across an abandoned apartment complex in Cork, he decided to recreate it in a gallery – to highlight everything that’s wrong with our property-fuelled financial system
Banks can now unleash a dividend party – but the optics wouldn’t be good Swimming in capital and with dividend restrictions gone, banks have plenty to give shareholders
Goldman Sachs and JP Morgan report bumper second-quarter profits Investment banking arms of two Wall Street firms benefit from global glut of mergers and acquisitions
Met police seize nearly £180m of bitcoin in money laundering investigation Seizure follows confiscation of £114m of the cryptocurrency in June
BoE lifts Covid restrictions on banks’ shareholder payouts UK banking sector ‘remains resilient’ despite continued uncertainty, say officials
UK mortgage price war hots up with 0.94% fixed-rate deal Deals offered by HSBC and TSB are available only to borrowers with hefty deposits
Cryptocurrency firm Circle to float in US in $4.5bn merger deal Operator behind USD Coin will merge with company chaired by former Barclays chief executive Bob Diamond
Lloyds fined £90m for letters’ unsupported pledge on insurance Renewal letters suggested customers were getting ‘competitive price’ without backing up claim
Tax financial transactions to help Covid recovery, G20 told Economists say Tobin taxes would raise vital funds to help support global poor and tackle climate crisis
Payments firm Wise’s successful float is a relief after Deliveroo flop Appetite for shares in the profitable money transfer outfit shows the City can bring off a big tech listing
Greensill given access to Covid loans without detailed checks, watchdog reveals Taxpayer facing potential £335m loss after audit office says government bank carried out limited due diligence on business support loans
Cryptocurrency scam costs online dating user £20,000 Internet cons have surged in the Covid crisis, with some victims left with little recourse to recover cash
BEIS asked for multiple updates on Greensill Covid loan requests, MPs told Officials’ emails to British Business Bank raise more questions about Greensill’s lobbying in Whitehall