UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures Bank of England executive says creeping sense of complacency and lack of data is putting lenders at risk
Even a ‘rate shock’ for British mortgage borrowers may not help the banks The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was
‘Every penny has a purpose’: the rise of zero-based budgeting Growing social media interest in method of tracking spending and saving prompts banks to get in on the act
Coventry Building Society makes £780m offer for Co-operative Bank Tentative offer follows four months of talks and could create new banking group with almost 5m customers
Taylor Swift fans given ‘urgent warning’ as £1m lost in ticket scams Lloyds Bank says more than 600 of its customers have been tricked by fraudsters so far
At last G20 is showing how to finance an assault on poverty Brazilian president Lula’s proposals have the backing of the World Bank. Now we need action
Central banks must resist pressure for early rate cuts, says IMF head Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth
I’m a victim of scammers. But Revolut says ‘no’ to a refund The company seems to hold me entirely responsible for the fact £40,000 was stolen
Global economic risks ‘could eclipse anything since second world war’, says JP Morgan boss In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’
NatWest criticised over £1.2m pay for boss with ‘limited experience’ Governance adviser says Paul Thwaite could have been offered lower starting salary than predecessor Alison Rose
While we focus on Dominic West in a banned advert, the banks are short-changing us all The fuss over an outlawed commercial threatens to obscure the fact that the industry is reaping record profits for a poorer service, says Hannah Dewhirst, head of campaigns at Positive Money
Gender pay gap among UK staff at Goldman Sachs at highest level in six years Women’s average hourly pay 54% less than men’s in 2023, raising concerns about female representation in senior roles
‘Danger zone’: the warnings designed to protect women at UK business events Codes of conduct are on the rise, and have a focus on reputational risk as well as on harassment
Bank of England investigating claim Metro Bank put customers’ data at risk Exclusive: Whistleblower raised concerns about security of in-branch coin-counter software
‘I’m not a quitter’: bank trader vows to continue fight after losing Libor appeal Tom Hayes, first banker to be convicted in 2012 rate-rigging scandal, had his case rejected by UK court of appeal