Elizabeth Warren urges US regulators to investigate Jes Staley ties to Epstein Exclusive: Senator asks watchdogs to look at whether US bankers, including ex-Barclays boss, aided late sex offender
First banker jailed over Libor interest rate rigging to sue UBS for $400m Tom Hayes claims he was ‘hand-picked scapegoat’ for the Swiss bank as it tried to avoid regulatory scrutiny
New AI-powered anti-scam tool wins praise from UK fraud minister Starling tool can scan images of items and ads on sites such as Facebook Marketplace, eBay, Vinted and Etsy
Lawsuits against banks with Epstein ties may shed new light on financier’s crimes Experts say claim banks enabled Epstein will be difficult to prove but other outcomes could provide solace to victims
NatWest boss warns against higher bank taxes as lender’s profits rise 30% CEO says fiscal discipline should be balanced with ‘policies that create stability, consistency and support growth’
Surge in UK savings lost to investment scams, with fake crypto thought to top the list Banking industry data shows £629m was stolen in six months from fraud that included gold, wine and property
Lloyds profits plunge 36% as it feels impact of UK car finance scandal Bank’s drop in quarterly earnings comes after it put aside further £800m to cover expected wave of driver claims
Barclays can afford Tricolor loss but risks remain in the private credit market Risky lending in an opaque, complex and leveraged part of the financial world is ringing alarm bells
Barclays plays down £20bn exposure to private credit industry CEO says bank has ‘right controls’ in place despite warnings about industry from IMF and Bank of England
No major banks have yet committed to stop funding new oil, gas and coal, research finds ‘The objectives of the Paris agreement are slipping further out of reach,’ say researchers from LSE
Bank of England chief warns of ‘worrying echoes’ of 2008 financial crisis Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms
Amazon Web Services outage shows internet users ‘at mercy’ of too few providers, experts say Crash that hit apps and websites around world demonstrates ‘urgent need for diversification in cloud computing’
What is private credit, and should we be worried by the collapse of US firms? First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banks
Bank shares lead global market fall amid jitters over US private credit Signs of credit stress send markets in Europe and Asia down, while investors turn to safe haven assets
Banks need stricter controls to prevent romance fraud, says City regulator FCA cites study showing victims’ ‘red flags’ are often missed and calls for improved monitoring systems