Bankers must brace for a pay cut, warns Bank of England

Deputy governor bemoans fact that bankers have received far greater share of profits than shareholders since 2008 bailouts

Why the decision on interest rates is held between the agony and ecstasy

Larry Elliott: Upbeat figures on growth, unemployment and inflation are cancelled out by what’s happening to real wage growth, productivity and real interest rates

Will October 2014 take its place in the stock market grisly hall of fame?

Larry Elliott: Markets rattled by five factors that have come together to create right conditions for severe correction in a traditionally bad month

Bank of England’s rate rise looks a way off as it misses inflation target

Nils Pratley: Bank chief Carney may have to write to chancellor as price of oil falls and supermarkets try to cap price of food

From ancient castles to mega-yachts: what history teaches us about the super-rich

Our fascination and frustration with this era’s wealthy 1% is nothing new. They have always been with us. How do they think, operate and make their money? By John Kampfner

JP Morgan leads purchase of £2.7bn mortgage bundle from UK banks

27,000 customers of Northern Rock and Bradford & Bingley will have their mortgages transferred across

Carney is right on bankers’ failures

Nils Pratley: As Andrew Tyrie of the Banking Standards Commission put it: ‘A buck that does not stop with an individual often stops nowhere’

What kind of ‘war games’ is George Osborne playing in Washington?

The UK chancellor is joining the US treasury’s Jack Lew and other finance bosses to take part in a simulated banking crisis, designed to test our preparedness for another crash. But can there be any winners in this game?

Greece tells IMF it wants early exit from rescue programme

Largest such programme in global financial history had aimed at preventing debt crisis from spreading through the eurozone

IMF chief: eurozone showing symptoms of Japan’s chronic economic ills

Lagarde calls for fresh moves to avert recession and hints that she expects Germany to use budget surplus to boost growth

UK PPI claims trigger National Australia Bank profits warning

NAB expects profits to be 14% below expectations after compensation due to Clydesdale and Yorkshire mis-selling

Wonga banned from using ad that didn’t mention 5,853% interest rate

Payday loan firm told by Advertising Standards Authority that commercial breaches code after complaint from Citizens Advice

British banker pleads guilty to Libor rigging

Senior banker faces up to 10 years in prison as Serious Fraud Office secures first UK guilty plea in Libor rate-fixing scandal

Bank of England proposes savings protection limit of £1m

Temporary guarantee will apply only to money temporarily deposited in a bank, for instance from a house sale or insurance claim

JP Morgan Chase reveals massive data breach affecting 76m households

Bank said financial information not compromised but customers’ contact information, including phone numbers, captured