UK banks tell May: a Canada-style Brexit deal is not good enough Banking trade body urges Theresa May and Philip Hammond to put City at centre of EU talks or risk dealing a major blow to the economy
Bring a little Christmas cheer with a cryptocurrency If you’re stuck for a gift idea, there’s always bitcoin! Or perhaps not
World Bank to end financial support for oil and gas extraction Bank announces in Paris it ‘will no longer finance upstream oil and gas’ after 2019 in response to threat posed by climate change
Brexit: City of London will lose 10,500 jobs on day one, says EY Dublin and Frankfurt are most likely to benefit from UK’s departure from EU, says accountancy firm
EU rule capping bankers’ bonuses ‘could be scrapped after Brexit’ Mark Carney says bonus cap could be among tweaks made to financial regulations when UK leaves EU in March 2019
Why scrapping bonus cap could be a hard sell for Mark Carney Bank’s worry about EU cap approach was justified, but don’t be surprised if nuanced reason for UK dropping it is lost on many
High street banks ‘can cope with disorderly Brexit’ Lenders pass Bank of England stress tests but, for RBS and Barclays, only because they have already raised extra funds
Corbyn becoming PM is ‘worse threat to business than Brexit’, says bank Report by Morgan Stanley says general election likely in 2018, and Labour winning could damage valuations of UK companies
Bank stress tests: longer-term resilience of lenders to be revealed For first time lenders including RBS have been tested on resilience over seven-year scenario and not just to economic shocks
Trump: Obama consumer agency with two acting directors is ‘a total disaster’ CFPB director Richard Cordray resigns and elevates Leandra English, leading to political chaos after Trump names CFPB critic Mick Mulvaney for same role
Amsterdam aims to score more Brexit wins after luring medicines agency Dutch leaders say the European regulator’s move from London is the result of years of effort to attract business
It’s Frankfurt … and Paris: Goldman Sachs names post-Brexit hubs Lloyd Blankfein says cities would be main hubs for handling business no longer possible in London, with American staff ‘probably preferring Paris’
Frankfurt prepares for Brexit: ‘It has put extra wind into our sails’ Recently praised by the chief of Goldman Sachs, Germany’s financial capital is in pole position to gain banking jobs from the UK
Goldman Sachs boss calls for second Brexit referendum New Lloyd Blankfein tweet says lots of CEOs wish for new vote to confirm support is still there for such a ‘monumental and irreversible’ decision
David Davis seeks to reassure City on transfer of workers after Brexit Brexit secretary says government hopes to strike deal with EU that would allow City firms to move staff in and out of UK