Bank losses linked to Archegos top $10bn after latest results

Nomura takes $2.3bn hit with UBS forecasting a total $861m loss after collapse of hedge fund

HSBC profits rise nearly 80% amid improving economic outlook

Bank is able to release $435m of $8.8bn it put aside to cover bad debts in Covid crisis last year

Witnesses will be asked to respond to claims the ’Ndrangheta has laundered billions of euros in City of London

The only reason we can think of is that we are in a dispute about a £500 refund for a cancelled flight

Joe Biden is about to shake up US taxation policy. The UK must hope that the chancellor feels a need to emulate him

The bank and its outspoken CEO are no stranger to controversy but the European Super League debacle may take the trophy

US bank’s involvement in ESL funding prompted sustainability downgrade for ethical performance

Rolling coverage of the latest economic and financial news

Creditors vote in favour of winding up the Australian company that sat atop the globe-spanning finance empire

Loss branded ‘unacceptable’ as Swiss bank says hedge fund failure wiped out best quarterly performance in a decade

Emails show Myners repeatedly inquired about financial package he would receive as a director at now-defunct lender

Standard Ethics downgrades US bank from ‘adequate’ to ‘non-compliant’ in light of ESL backing

Barclays, HSBC and Axa among 160 firms in global alliance to hasten transition to net zero economies

Bloc has come under fire for hiring manager of oil shares to work on environmental controls for banks

JP Morgan commits €3.25bn to getting breakaway competition off the ground