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

NatWest scraps £7.6m of Alison Rose’s payout after Farage scandal

Move follows resignation of CEO over row linked to closure of former Ukip leader’s bank accounts

AI could cause ‘catastrophic’ financial crisis, says Yuval Noah Harari

Historian and Sapiens author says sophistication of technology makes it difficult to forecast its dangers

UBS reports $785m loss due to costs of Credit Suisse integration

Swiss banking group has cut 13,000 jobs this year as it recovers from rushed rescue deal

Almost half of Australian mortgage holders under financial stress as RBA tipped to raise rates again

Record level of stressed households as all but four of 39 economists in survey tip Melbourne Cup Day hike

ICO apologises to ex-NatWest chief over claim she broke privacy law on Farage

Watchdog says it was ‘incorrect’ to suggest Alison Rose breached law by discussing ex-Ukip leader’s banking with journalist

Bank cut my bonus because I had a baby, says MP leading City sexism inquiry

Treasury committee head Harriett Baldwin has revealed how ex-boss at JP Morgan bank cut perk after she returned from maternity leave