Reform UK could strip FCA of power to regulate banking if elected Nigel Farage reportedly plans to overhaul rules governing City of London that were introduced after 2008 financial crash
Lloyds to warn 3,000 staff they face sack for ‘underperformance’ With economic uncertainty leading fewer people to leave, bank will put one in 20 on ‘performance plans’
Finance for transition mineral mining is driving destruction and abuse, says report Hundreds of billions of dollars invested in extractive mining for green transition with few safeguards, research finds
Rate-rigging convictions of five more bankers may be unsafe, says SFO Serious Fraud Office has assessed six more cases after supreme court quashed convictions of two traders last month
UK bank shares tumble after call for windfall tax on lenders in budget Investor jitters follow report by IPPR and lead to more than £6bn being wiped off the sector’s market value
Treasury should tax big banks on quantitative easing windfalls, argues thinktank IPPR says Rachel Reeves should also urge Bank to halt bond sales to reduce government losses of £22bn a year
Norway wealth fund sells Caterpillar stake over Israel allegations World’s largest wealth fund says it has excluded bulldozer maker and five Israeli banking groups on ethics grounds
Monzo plans to launch UK mobile phone service Move could increase competition among big phone providers and help diversify revenues for digital bank
Why the UK’s bank ringfencing doesn’t need large-scale reform Rachel Reeves would do well to drop her ‘boot on the neck’ inflammatory language and err on the side of caution
Santander mortgage cap jumps by as much as 24% as bank eases lending rules Some higher-earning couples with smaller deposits could borrow extra £130,000 as a result of overnight changes
The Guardian view on climate finance: crumbling under a second Trump presidency Editorial: Voluntary climate commitments were supposed to be a step towards progress. A change in political climate has revealed their weaknesses
Car finance scandal: shares in UK lenders jump after supreme court ruling Lloyds and Close Brothers surge after Friday’s court decision slashed the expected bill for compensation on mis-sold loans
Will I receive a car loan scheme payout and how much might I get? Regulator expects to make payments of up to £950 to victims of discretionary commission scandal
High street banks lose £100bn in deposits as UK savers shift to online rivals KPMG says higher savings rates are fuelling move to challenger banks, specialist lenders and building societies
Millions in line for payouts from £18bn car loan compensation scheme City regulator says motorists should start to get payments in 2026 with ‘most payouts likely to be under £950’