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Morgan Stanley to buy online brokerage E-Trade for $13bn

Takeover is largest banking deal since the financial crisis and signals shift for Wall Street banks away from an old model

Lloyds bank boss takes 28% pay cut after annual profits fall

António Horta-Osório’s package down to £4.7m as group hit by £2.5bn PPI charge

Laura Ashley agrees emergency funding deal with Wells Fargo

British retailer secures vital £20m loan agreement with US bank as it fights for survival

UK cash economy close to collapse, campaigners tell chancellor

Rishi Sunak urged to enshrine right to access cash in budget with 8m people at risk of exclusion

UK climbs ranking of tax havens, campaign group warns

Tax Justice Network says UK is nearing top 10 most secretive financial systems

UK car factories running out of parts due to coronavirus, warns Jaguar

Carmaker says it has two weeks’ supply left as Apple cuts billions of dollars off sales forecast and big firms warn of falloutLive blog: Japan to trial HIV drugs

HSBC to cut 35,000 jobs worldwide as profits plunge

Bank warns of ‘meaningful’ job losses in UK and of impact of coronavirus outbreak in Asia

Moneybarn to pay £33m in fines and compensation

Car lender accused by FCA of serious breaches when dealing with vulnerable customers

Dark Towers review: Deutsche Bank, Donald Trump and a must-read mystery

David Enrich delivers a master class in financial sleuthing but much about bank and billionaire remains unknown

‘Black swan’ coronavirus casts its shadow over the global economy

Airlines have grounded flights, banks have sent staff home. In China and worldwide, the virus has taken its toll

RBS will change name to NatWest as Alison Rose begins overhaul

New chief executive sets out strategy at bank bailed out by the government in 2008

‘I’m presented as a criminal’: the banker forced to flee Russia

Exclusive: Dmitry Ananiev says his case shows how any businessman can fall foul of Russia’s authorities

Jes Staley needs a 100% clean bill of health on Jeffrey Epstein

The Barclays boss has already endured one watchdog inquiry – an inch out of line on this and the bank will dump him

‘This is what panic looks like’: Sanders team hits back after Wall Street criticism

Campaign responded after Lloyd Blankfein, former chief executive of Goldman Sachs, said Sanders would ‘ruin’ US economy

Barclays boss Jes Staley’s links to Jeffrey Epstein investigated

City watchdog and Bank of England examine bank CEO’s ties to disgraced US financier

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  • Nvidia hires major US law firm to investigate spying claims; UK chancellor ‘dismayed’ by budget leak – business live
  • ITV to cut show budgets as UK TV and film production spend drops by more than £2bn
  • Andy Burnham says government will unveil 10-year plan by mid-December
  • An end to RBA rate hikes will be good news finally for homebuyers – but maybe less so for workers
  • Air traffic control boss says he was ‘most disliked person in the UK’ after flight chaos
  • Diesel still costing close to a ‘dismal’ £2 a litre despite oil price falls
  • Nissan reduces petrol car production as EV sales boom in China
  • ‘I’d steal 10-15 times a day’: ex-offenders on the addictions driving prolific shoplifting
  • Nvidia hires leading US law firm to investigate Jensen Huang’s relationship
  • Police to target 500 chronic shoplifters in retail crime crackdown in England
  • Farewell to Elon Musk’s Cybertruck. Has any car ever been more repellent?
  • Burnham lauds £12bn offshore wind investment as he prepares for climate summit
  • Aldi cuts hundreds of UK head office roles as part of global cost trimming
  • Why are Britain’s streets still so polluted? Because the car industry dinosaurs do what they like, and politicians let them
  • Labour MPs raise concerns Burnham’s 10-year-plan will not be radical enough
  • Prime property, slow sales: why London’s stock of empty high-end flats is piling up
  • David Jones to close half its stores, triggering mass job losses in ‘urgent restructure’
  • Bank of England’s inflation response ‘risks higher interest rates for longer’
  • US justice department sues Lyft over alleged refusal to serve passengers with disabilities
  • Trump’s FCC nominee avoids questions from Democrats on Carr’s ‘censorship agenda’
  • Falkland Islanders face ‘devastating consequences’ if Argentina blocks oil project, says UK
  • Inquiry launched into UK budget bank tax leak; Wall Street hit by US inflation data – as it happened
  • ‘Flying cars’ could launch in China next summer, maker of two-seat model says
  • Anthropic targets valuation of up to $1.4tn in stock market flotation
  • Singapore seizes US-operated cruise ship that offered ‘permanent’ life at sea
  • US inflation rose 0.4% in October as price increases cooled and gas costs dipped
  • Pharma firms’ focus on weight-loss drugs could put insulin supply at risk, experts warn
  • Nvidia and Jensen Huang sued in US over affair with alleged Chinese spy
  • Shop workers in the UK: have you experienced abuse from customers?
  • Oil prices fall to lowest since August as Trump says Iran war is ‘effectively over’

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