Metro Bank shares plummet as bank seeks to shore up balance sheet Stock falls by quarter after news high street lender looking to sell off mortgages or tap investors for more cash
What is happening at Metro Bank and why is it in need of so much money? Shares have tumbled by 30% in the bank now operating at the edges of its capital requirements
Metro Bank considering raising hundreds of millions from investors High street lender recently failed to convince regulators it could be trusted to hold less cash against its mortgage risks
Central banks ‘risk global recession unless they relax 2% inflation targets’ Economic arm of UN says pro-growth stance needed, with interest rate rises increasing inequality
On the cards: Amex UK boss on plans for BNPL and keeping BA tie-up despite climate crisis Hannah Lewis on the financial services firm’s partnership with airline, weathering the pandemic and navigating a male-dominated business world
Savings experts say UK rates could soon fall. Here’s where to invest while you can The top-paying accounts that may be worth a look before they start to disappear
Rhode Island bank agrees to pay $9m over discriminatory lending allegations DoJ says Washington Trust engaged in redlining, the racist policy of banks blocking people of color from getting mortgages
JP Morgan settles Jeffrey Epstein lawsuits with US Virgin Islands for $75m Bank reaches settlements with US Virgin Islands and Jes Staley to resolve lawsuits over sex trafficking by Epstein
Santander wanted my bedbound father to visit his branch on a trolley After his account was frozen, the bank would not accept anything except an in-person visit for an identity check
Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016
Co-operative Bank seems to have lost £2,500 I sent abroad It was to fund a language laboratory but when the money didn’t arrive we knew there was a problem
Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’ In an exclusive interview, the head of the Prudential Regulation Authority talks about Credit Suisse, the gilt market meltdown – and stress-testing banks for the climate crisis
‘Imagine Westminster under water’: stricter tests needed to see how City copes with climate disasters Sam Woods, head of the Bank’s financial stability watchdog, says lenders have only shown they can survive ‘slow burn’ changes to temperatures
Rupert Murdoch’s last move? The Spectator is in his sights Rightwing magazine is said to be a favourite of the billionaire and is considered a ‘trophy prize’
As UK mortgage interest rates fall, should you choose a two-year or five-year fix? Bank of England halts run of base rate rises but borrowers still have much to ponder