Barclays becomes first UK bank to lift cap on bonuses Memo to staff reveals dropping of restriction, allowing payouts worth up to 10 times bankers’ salaries
Big UK banks need to do more to be ready for potential failure, says Bank of England BoE warns lenders including Barclays and Standard Chartered in effort to prevent social media-driven runs
Metro Bank returns from the brink but tough road lies ahead The challenger bank has often taken chances but a new business model positions it as more the opportunist rather than the rebel
Barclays chief praises Wimbledon bosses for ‘resisting’ calls to drop bank’s sponsorship UK lender has faced backlash for providing services to climate polluters and defence firms with alleged links to Gaza war
HSBC shareholders to receive further $4.8bn as profits rise Outgoing CEO Noel Quinn will have paid $34.4bn to investors during final 18 months in post
Standard Chartered plays down fears of US-China trade war under Trump Chief executive says tensions ‘not impacting’ business as bank reports pre-tax profits of $1.6bn for second quarter
Readers reply: Why do Visa and Mastercard advertise to consumers? The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical concepts
Savers urged to lock in best deals before UK interest rate decision With Bank of England meeting on 1 August, people are advised to take advantage of top-paying accounts now
NatWest takes £24m hit from abandoned ‘Tell Sid’-style campaign Bank left with costs from Sir Trevor McDonald-fronted campaign after early election halted rollout
Revolut finally receives UK banking licence after three-year wait Move paves way for fintech firm to hold customers’ deposits and offer own-branded loans, including mortgages
Lloyds predicts drop in defaults on loans and mortgages as UK economy improves Bank sets aside just £44m for bad debts and defaults in second quarter amid upbeat outlook
Northern Rock ‘mortgage prisoners’ sue TSB subsidiary that bought their loans Borrowers say Whistletree charged inflated interest rates when it took on their debt after lender’s collapse
Global IT outage shows dangers of cashless society, campaigners say Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out
From trains to retail, how CrowdStrike outage caused havoc across industries Transport, hospitals, television stations, sports clubs and financial systems among the sectors hit
Nationwide gets green light for £2.9bn takeover of Virgin Money Regulator the CMA finds deal will not substantially affect competition for mortgages and credit cards