Nationwide fined £44m by watchdog for financial crime control failings
Ineffective systems culminated in serious case of Covid fraud that cost UK taxpayers £800,000
Forcing UK banks to support credit unions would help keep loan sharks at bay
High street banks dodged a windfall tax – now they should invest in growth of local lenders
Ministers urged to close £2bn tax loophole in car finance scandal
Banks and specialist lenders will not pay tax on compensation payouts, sidestepping 2015 rule
Financial markets now certain the RBA will hike interest rates in 2026
The changed outlook is a result of unwelcome inflation data, but could slow down the hot property market
Record numbers becoming billionaires through inheritance, UBS report finds
Swiss bank says bequests made 91 people billionaires, while overall number jumped from 2,682 in 2024 to 2,919 this year
HSBC has a new chair but the succession process should have been slicker
This is the UK’s second-largest listed company, and the European bank most exposed to declining US-China relations
HSBC appoints interim chair Brendan Nelson to permanent role
Questions raised about permanency of 76-year-old’s appointment and ‘leadership stability at critical juncture for bank’
BoE governor says it has not forgotten lessons of financial crisis, as it eases capital rules
Bank of England’s move risks stoking concerns about weakening protections against UK bank failures
Swiss prosecutors file charges against Credit Suisse and UBS over ‘tuna bonds’ scandal
Banks accused of ‘organisational deficiencies’ relating to scam that crashed Mozambique economy nearly a decade ago
‘The City can’t be taken for granted’: how banks won over Rachel Reeves
JP Morgan and Goldman Sachs to expand UK presence after sector was spared from higher taxes in budget
JP Morgan boss gave go-ahead for new £3bn tower in London after UK assurances
Decision by US bank’s CEO Jamie Dimon followed trip to New York by top adviser to Keir Starmer
US regulators ‘taking seriously’ allegations of bankers’ support for Epstein
Exclusive: It follows calls from US senator Elizabeth Warren to investigate bank executives including ex-Barclays boss Jes Staley
The chancellor’s growth mission is missing in action
Businesses grumble about lack of ambition and urgency as Rachel Reeves continues to shy away from meaningful tax reform
US banks announce UK expansion projects hours after budget
JP Morgan and Goldman Sachs reveal plans for London and Birmingham as sector is spared tax rises
New rules crack down on high risk loans as Australian property market heats up
Regulator announces 20% cap on share of new lending banks can do on mortgages worth more than six times borrower’s income