Deutsche Bank to axe 18,000 jobs worldwide in radical restructuring Hundreds of City workers in London face redundancy as bank cuts 20% of workforce
How Britain can help you get away with stealing millions: a five-step guide The long read: Dirty money needs laundering if it’s to be of any use – and the UK is the best place in the world to do it
Andrea Orcel’s €100m compensation claim against Santander is absurd When the bank declined to appoint him chief, did his lawyer say: ‘Think of a number and multiply it by 10’?
Christine Lagarde: key issues she must address at the ECB If confirmed as president, rebooting eurozone growth should be among top priorities
Banker lined up to lead Santander sues for €100m Andrea Orcel accuses bank of breach of contract after it withdrew offer to hire him
UK recession fears mount after worst month for companies since 2016 – as it happened Data firm Markit warns that UK private sector weakened in June, suggesting the economy may have contracted in April-June
Funding Circle bins the boasts as Brexit bites Lending platform’s revenue growth forecasts have halved as demand for small business loans dries up
America’s corporate activism: the rise of the CEO as social justice warrior Corporations are stepping into the moral vacuum left by Republican officials. But their motives aren’t exactly altruistic
Nick Leeson: lucrative new life of banking’s most notorious rogue Twenty years after leaving jail for bringing down Barings Bank, the ex-trader has found peace in Ireland – but not everyone has forgiven him
Mobile banking to overtake high street branch visits in two years Rapid uptake means banking via an app rather than visiting your bank in person will become the mainstream by 2021
Corporate debt could be the next sub-prime crisis, warns banking body Group for central banks says borrowing by firms with low credit scores is growing alarmingly, especially in US and UK
The FCA – a watchdog too nice and chummy to bark or bite Outgoing boss tells MPs why regulator couldn’t do much about one claim of wrongdoing after another
Monzo valued at £2bn after fresh funding round from US Digital bank takes £113m from investors led by Y Combinator, jumping rival Revolut in value
Oil price keeps rising as Iran tensions build – business live Rolling coverage of the latest economic and financial news, as crude oil prices hit their highest levels since the end of May
Bank of Scotland fined £45.5m by regulator over Reading fraud Lloyds-owned HBOS withheld information on £245m scandal, says FCA