Metro Bank to cut about 800 jobs and review opening hours Lender to ramp up cost-cutting plans after rescue deal and assess seven-days-a-week branch model
Lloyds chief urges UK policymakers to keep their hands off banks’ profits CEO Charlie Nunn calls for measures such a windfall tax to be ruled out before next general election
Metro Bank rescue deal can go ahead after shareholders back it Jaime Gilinski Bacal to increase stake to 53% as lender secures £325m in new capital and £600m of debt
Isas: UK savers to get freedom to chase better deals as rules change Shake-up will mean people can pay into more than one Isa of the same type, but experts say £20,000 limit should also rise
Thousands of HSBC customers in UK unable to access online banking services Consumers report problems using bank’s app on one of the busiest shopping days of year, Black Friday
More than 2,500 jobs at risk in Lloyds shake-up Exclusive: UK’s largest high-street bank preparing review of middle-management roles in response to expected income squeeze
Barclays could axe up to 2,000 jobs in £1bn cost-cutting drive Shake-up expected to affect mainly back office roles in departments such as compliance, HR and legal
Chinese shadow bank admits £30bn shortfall after ‘management ran wild’ Zhongzhi, a wealth manager with links to China’s ailing property market, says it is ‘severely insolvent’
Government may sell UK’s remaining stake in NatWest to public, says Jeremy Hunt British government still owns 38.6% of the high street bank it bailed out in the 2008 financial crisis
Eurozone banks starting to show ‘stress’ as loan defaults rise, ECB warns Rising interest rates have boosted profitability but are likely to limit demand and increase risk of bad debts, says central bank
Wells Fargo workers at two US branches of bank launch efforts to unionize Employees in Albuquerque, New Mexico, and Bethel, Alaska, make rare move to organize staff in financial industry
We smashed the windows of a major bank. A jury acquitted us. This is why I think people everywhere, even on juries, have had enough of our leaders’ failure to tackle the climate crisis, says activist Gully Bujak
UK savers urged to act quickly for best returns as rates drop NS&I, Shawbrook and Tandem among providers to make reductions amid flurry of such moves
UK mortgage arrears rise as borrowers feel squeeze, says Nationwide Building society benefits from high interest rates, with half-year profits increasing to £1.3bn
‘Call their bluff’: shopping around on home loans can save money – even with high interest rates Many mortgage lenders reporting increased competition, meaning savvy borrowers can negotiate for a better deal