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Tax abuse and money laundering is trapping billions in poverty, says UN

UN report claims up to 10% of the world’s wealth could be hidden offshore

Lloyds and HSBC are shedding office space … did they have too much to begin with?

Why there may be more to the announcement of Covid-inspired cuts than meets the eye

Lloyds embraces hybrid working with 20% cut in office space

Announcement comes as group reveals 72% drop in annual pre-tax profits to £1.2bn for 2020

A demerger is HSBC’s only way to solve its Hong Kong problem

With 90% of its profits coming from Asia, the bank’s ultimate decision will surely be to follow Beijing’s lead

HSBC to slash post-Covid office space by 40% as profits drop by a third

Bank also reaffirms greater shift towards Asia-Pacific, where most of its earnings come from

UK urged to take lead in easing debt crisis in developing countries

Boris Johnson should use upcoming G7 presidency to insist UK banks join debt suspension schemes, campaigners say

Human rights and climate crisis give HSBC an image problem

The bank, which is due to reveal its annual results this week, faces more challenges than the impact of Covid-19 on profits

NatWest to cut banker bonus pool as it reports £351m loss

Group intends to pull out of Ireland, winding down local Ulster Bank operations

Keir Starmer’s Covid recovery bonds could be more than a gimmick

Interest rates would need to be more attractive, but bonds could act as test run for financing greening of economy

Barclays boosts bonus payouts despite 30% fall in profit

CEO Jes Staley paid £4m with dividends to restart as bank sets aside £4.8bn for possible surge in loan defaults

ISS updates proxy voting policy against directors who fail to address climate crisis

Institution Shareholder Services issues advice to some of world’s biggest fund managers

‘D Day’: UK marks 50 years since decimalisation

On 15 February 1971, Britain finally moved to a system that made sense to ‘every man who looked at his 10 fingers’

Barclays boss hopes to avoid more stormy weather

After 12 turbulent months, Jes Staley will be keen to focus on the bank’s corporate performance and dodge further scandals

How the City became the UK’s powerhouse

From the ‘big bang’ to Brexit, the financial sector has survived change and crisis to establish itself as a key force in Britain’s economy

Goldman Sachs reopens Marcus online accounts for UK savers

Wall Street bank seizes chance to attract huge savings made by the cash-rich during the pandemic

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  • Nvidia’s value tumbles by $330bn after ‘honeytrap’ investigation launched, as China denies spying claims – as it happened
  • Jensen Huang’s image has been shattered. Could he be pushed out at Nvidia?
  • Nvidia’s board needs to do some succession planning – sharpish
  • Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next?
  • Thames Water asks creditors for more time to help repay £20bn debt pile
  • There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies
  • ‘Obvious risk of further tragedy’ at rail crossing type at which Amazon driver died, inquiry finds
  • Why is Nvidia’s Jensen Huang at the centre of a US-China row?
  • The rise and rise of the family farm
  • Insurance industry workers: how is climate-related risk managed in your company?
  • Economic relief is on the way, Democrats say. But what, how and when?
  • UK households face rush to find green energy installer to beat April VAT hike
  • Rare call for more electricity supplies as wind power drops across Europe
  • Why has Royal Mail only delivered letters twice in three months?
  • Fixing UK’s youth jobs crisis demands much more investment, TUC boss warns
  • Starbucks plans to hire 7,500 staff in major UK expansion plan
  • Chinese carmaker BYD’s offices in Netherlands raided over JLR ‘copycat car’ claim
  • US employers keep passing rising healthcare costs to workers. There are better options
  • UK spent £100m on zombie Brexit border inspection posts
  • Revealed: how a UK firm is spearheading growth in trade of US fracked ethane
  • 1-0 to humankind? US midterms vote puts AI, datacentres and the broligarchy back in their box
  • ‘AI clog’: UK public bodies battle onslaught of chatbot-generated complaints
  • Banana producers in Latin America want better pay to cope with effects of climate crisis
  • Five European leaders call for closer EU-UK ties ahead of Brussels summit
  • Standing in the way of slop bowls: the woman blocking food delivery robots
  • Great British Railways: new dawn for a new network but with plenty of old problems to fix
  • Job cuts, lost customers and a £22bn debt pile: what has gone wrong at Virgin Media O2?

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