Metro Bank increases job cuts to 1,000 and ends seven-day branch model Lender nearly triples size of cost-cutting plan to £80m after autumn rescue deal
Virgin Money bosses in line for £6m if Nationwide takeover goes ahead Chief executive David Duffy would be biggest winner on £3.5m, with large paydays for about 12 other staff if deal goes through
Labour says it will use state bank to fund female-led businesses Shadow City minister Tulip Siddiq to reveal plan for target to end financial exclusion of women
The US could be facing a 2008-style financial crisis. Why does Sunak want to copy it? The PM’s admiration for Washington’s economic model may backfire amid looming US banking and stock market disasters
Kristalina Georgieva wins backing to run for second term as IMF chief Bulgaria’s ‘eternal optimist’ in favour with European finance ministers after first five-year stint encompassing Covid and Ukraine
Capital One and Discover merger ‘dangerous’, consumer groups tell Fed Coalition of advocacy groups warn that deal would ‘further concentrate risk’ in the financial system and ‘must be stopped’
US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups Citi, BofA, JPMorgan Chase and Wells Fargo leave framework that assesses environmental, social and governance (ESG) financing
Take it from a former banker: the budget is for ordinary people. The mega-rich look on and laugh Whatever Jeremy Hunt says, traders know the rich will get richer and the poor will get poorer. And they’re paid millions to bet on it, says the author Gary Stevenson
Lord Rothschild obituary Scion of the famous banking dynasty who was an admired cultural philanthropist in the arts and heritage worlds
New York Community Bank shares plummet after $2.4bn earnings hit Chief executive of embattled bank steps down after company reports ‘material weaknesses’ in internal controls
Jeremy Hunt to announce UK government sale of NatWest shares State’s one-third share in the bank, now worth about £6.7bn, is left over from the 84% holding taken during the 2008 financial crisis
UK government in talks with brokers to help market NatWest shares to public Ministers are exploring possible options for selling down stake in bank to retail investors
Jacob Rothschild, financier and member of the banking family, dies at 87 City grandee and hereditary peer co-founded a number of companies and was also involved in the arts
FCA’s pay levels ‘could force its staff to rely on hardship fund’ Members of Unite union reject UK regulator’s offer and say it is failing to deal with salary shortfall
Standard Chartered chief’s pay jumps 22% to £7.8m after profit bump Bank reports annual pre-tax profits rose by 19% to £4bn in 2023, pushing Bill Winters’ pay to eight-year high