Mark Carney takes Bank of England reins but may face rough ride

Many believe Carney's job is more constrained than when he accepted George Osborne's invitation to succeed Mervyn King

A little advice, Mr Carney … your credibility will be crucial

The new governor of the Bank of England has a lot to prove when he moves into Mervyn King's old office tomorrow. Heather Stewart introduces some expert opinions

Bank of England: new man for the Old Lady

Editorial: Mr Carney will have to signal answers to two pressing problems by autumn: what to do about the banks, and what to do to kindle some growth

Government takes another step towards selling stake in Lloyds and RBS

UKFI asks bankers to tender for contracts on potential sale of taxpayer's £65bn share of bailed-out banks

New Bank of England governor readies institution for ‘significant change’

Advert for deputy governor's job due in coming days, but Mark Carney has already brought in new faces, roles and rules to 319-year-old Bank

Mervyn King exits with an air of gloom

The Bank of England governor attacked lenders for pressurising politicians at his final appearance before the Treasury committee

Somalis fear Barclays closure of remittance accounts will cut lifeline

Millions of Somalis depend on remittances from the diaspora, but banks are wary about lack of controls over the flow of funds

Osborne’s indecision on RBS sell-off is creating even more misery

Business leader: the chancellor's vacillation over the sell-off of Royal Bank of Scotland is very destabilising, and the mark of a complete lack of strategy

An RBS ‘bad bank’ is not a bad idea. But George seems confused

• Refusing to inject more capital is probably a deal-breaker• Iberia still looks earthbound, despite BA's best efforts • Stelios is upset about easyJet. Again. But why?

Bank on It: a show about the financial system … for five-year-olds

A new promenade piece from the Theatre-Rites starts with a broken ATM and an evasive bank-manager – then goes on to explain the financial system to five-year-olds. Matt Trueman on a sound investment

Lloyds and RBS could be forced to sell more branches

Banks may have to sell more branches than the 948 already up for sale under bigger disposal plan being considered by the OFT

George Osborne’s shift on bad bank model is welcome

Chancellor says good bank/bad bank split will be examined in detail following advice from the Banking Commission

Banking commission: Bankers should be jailed for ‘reckless misconduct’

Commission led by Andrew Tyrie recommends jailing bankers for 'reckless misconduct' and enforcing a wait for bonuses

Bank of England appoints woman as first chief operating officer

Charlotte Hogg will head all the day-to-day management functions of the Bank and become the most senior female employee in its 319-year history

Eight questions the Co-operative Bank needs to answer

As controversy over Co-op Bank's £1.5bn rescue deal rumbles on, Patrick Collinson poses eight questions customers want answered