Wells Fargo to pay $1bn in largest fine levied against a bank under Trump

Fine had been widely anticipated and comes after Donald Trump warned that administration planned to hold the bank to account

Barclays CEO Jes Staley faces fine over whistleblower incident

City watchdogs say he broke rules of conduct in his attempts to identify 2016 whistleblower

Pound climbs to second-highest level since Brexit vote – as it happened

Sterling rises above $1.43 ahead of key UK data this week, while rouble stabilises following steep drop earlier. Markets tense after western air strikes on Syria and ahead of anticipated new US sanctions against Russia

Jaguar Land Rover to cut production and 1,000 jobs in the Midlands – as it happened

As tensions over Syria ease, trade developments and US bank earnings are in focus. European stock markets, oil prices, sterling and the dollar are all up.

Mark Carney warns of climate change threat to financial system

Bank of England governor says firms must acknowledge risks to avoid ‘catastrophic impact’

Making the RBA the People’s Bank would shake up the big four – so it’s worth a try

Banking operates as though the wholesaler-retailer split is set in stone, but it doesn’t have to be

Barclays boss Jes Staley’s handling of US fraud case was correct

Playing long game in tussle with justice department has resulted in penalty investors can stomach

Remington: US gunmaker files for bankruptcy amid ‘Trump slump’

Company’s downfall coincides with protests across America for stricter gun control

The rebel bank, printing its own notes and buying back people’s debts

‘HSCB’ in Walthamstow is selling printed ‘banknotes’ to raise money to buy local debt

Could my savings bomb with banks like Atom?

I need to be sure I’m safe with new banks rather than established names

The rich and the right want to dynamite Dodd-Frank – and Democrats are helping them do it

Senators voted with Republicans to cripple banking oversight. The party has learned nothing from the triumph of Trump

The Guardian view on EU attitudes to Brexit: the UK is running a goodwill deficit

Editorial: The diplomacy needed to get the kind of deal Theresa May wants should have started long ago and been more competently run

Brexit: Hammond says UK would reject any trade deal not including financial services – Politics live

Rolling coverage of the day’s political developments as they happen, including Theresa May and Jeremy Corbyn at PMQs and the publication of the EU’s draft Brexit guidelines for the UK-EU trade talks

Elizabeth Warren attacks ‘dangerous, wrong’ bill to relax rules on US banks

Democratic senator says Congress has forgotten the ‘devastating impact of the financial crisis’ and vows to stop bill passing the Senate

Bank of America hiring brand safety officer to ‘clean up’ online ads

New role created after fears about questionable content, following Unilever’s public stand against ‘fake news, racism, sexism and hate’