Transitional deal would reduce Brexit’s risks to financial stability – BoE

Bank of England deputy governor indicates details of arrangement needed within nine months of article 50 being triggered

Urgent Brexit deal needed to avert banking job losses, peers to warn

Exclusive: Lords Brexit committee to highlight need for financial institutions to make strategic decisions before EU negotiations are finished

Markets soar as ECB extends QE programme until December 2017 – as it happened

European Central Bank says it will conduct an extra nine months of quantitative easing, but at a slower pace

US bank quit Sports Direct role over share deal concerns, court filing claims

Former Merrill Lynch banker Jeff Blue is suing retailer’s founder Mike Ashley for £14m over alleged breach of agreement

Hammond and Davis meet bank chiefs to talk Brexit ‘opportunities’

Chancellor and Brexit secretary say meeting aimed to examine impact of UK vote to leave the EU on financial sector

What’s so bad about taking sponsorship money from Big Oil?

Banks and oil giants should keep out of temples of culture, shouldn’t they? Andrew Dickson thought so – until he made a documentary about sponsorship and the increasingly desperate search for funding

Ireland reports rise in relocation inquiries from UK-based finance firms

Dublin is vying with other cities including Frankfurt and Paris to lure banks and other UK companies concerned about Brexit

Co-op’s Christmas ad shows charity benefits of membership

TV advertising campaign featuring real people highlights community groups supported by retailer’s loyalty scheme

Oil output to be cut for first time since 2008 as Opec agrees deal – as it happened

Oil producers have agreed to cut production by 1.2m barrels a day, to 32.5m, in an attempt to ‘stabilise the market’ and push crude prices higher.

Steven Mnuchin nominated for US treasury secretary

Donald Trump appoints ex-Goldman Sachs banker who says he will oversee ‘the largest tax change since Reagan’

ECB’s Mario Draghi urges UK to disclose Brexit plans

President of European Central Bank says Britain should address uncertainty over how withdrawal from EU will play out

Bank of England to reveal stress test results for UK’s biggest banks

Snapshot assesses resilience of six banks and one building society as well as risks to post-Brexit financial system

Brexit vote wiped $1.5tn off UK household wealth in 2016, says report

Oxfam criticises rising inequality as Credit Suisse finds about 400,000 Britons have lost their status as dollar millionaires

Cyprus, crisis and the bank that came back from the brink

The country’s biggest lender took cash away from savers to survive in 2013. Now, remarkably, Bank of Cyprus is hoping to float in London

RBS chairman calls on Theresa May to draw up Brexit transitional plan

Sir Howard Davies warns banks will not wait for government’s full negotiating position and will move operations out of UK