Bank of England: rapid GDP rebound likely as vaccines take effect Economists say lenders should still prepare for negative interest rates in case of downturn
Sir Simon Robey: the accidental banker adding George Osborne to the fold The co-founder of Robey Warshaw has been described as the City’s ‘trillion dollar man’ and is an old friend of the former UK chancellor
TSB halves bonuses as UK bank reports £205m loss last year Awards set to be cut to 3.9% of salary as lender sets aside £164m to cover potential defaults due to Covid crisis
‘Buy now, pay later’ firms such as Klarna to face FCA regulation Treasury fears popularity of such services in Covid-19 pandemic could create high levels of debt
Former chancellor George Osborne to become full-time banker Former Tory MP is dropping nearly all current jobs to work at investment bank Robey Warshaw
Negative interest rates would not help Covid economy, Bank of England told Lenders would increase mortgage costs in response, says Building Societies Association chair
Retail is at death’s door – and tinkering with business rates won’t save it The fact that buyers rescuing Debenhams and Arcadia don’t want their 500 shops shows how deep the high street crisis is
‘I suffered anxiety’: Monzo founder on the pressures of running a digital bank Tom Blomfield on mental health, the Covid-19 crisis – and the myth of superhero tech bosses
City trader jailed for Libor rigging freed after five years Tom Hayes hopes to rebuild his life and family after ‘traumatic’ time in custody
UK’s financial regulator urges banks to rethink branch closures Financial Conduct Authority concerned vulnerable customers may be left without access to services
JP Morgan to launch digital bank in UK Wall Street bank hired 400 staff for Canary Wharf-headquartered digital bank
Goldman Sachs cuts pay of chief executive David Solomon by $10m Bank decided last year to cut executive pay after settling investigation into corruption scandal
Cash machine use fell 38% in 2020 due to Covid contact fears Decline in withdrawals could lead to closure of ATMs or having to impose fees, warns operator
HSBC denies taking political stance over China’s crackdown in Hong Kong Bank’s chief executive, Noel Quinn, claims business not in position to question police requests
Caught between China and the US, the pressure for HSBC to split grows Chief executive Noel Quinn opines unconvincingly about staying out of politics, but it’s not that simple