UK savings rates: NS&I launches one-year deal offering record 6.2% Government-backed bank throws down gauntlet to high street lenders with new growth bonds
Central banks will push economies into recession, says Hunt adviser Signs of weakness needed before monetary policy is eased in west, says strategist advising chancellor
UK financial firms ‘may be lending over £174m a week to at-risk gamblers’ Bank data analysis suggests lenders could be unwittingly fuelling gambling problems by extending credit
Account owned by serial killer Rose West kept open by Co-op Bank It is understood the bank thought closing the account would cause problems for West’s daughter
NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period
National Trust resists pressure to ditch Barclays over environmental concerns Attempt to cut ties with bank, which directly invests in new fossil fuel projects, fails at AGM
UK banks will have to ensure access to cash within three miles, ministers say Treasury hints at concessions on guarantee but banks will face fines for falling below minimum service level
Bank of Ireland glitch let customers withdraw money they didn’t have ‘Technical issue’ allowed transfers and withdrawals beyond customer limits and made online banking unavailable
UBS to pay $1.43bn in penalties over mortgage fraud prior to 2008 crisis Banking group settles government lawsuit alleging fraud related to residential mortgage-backed securities in 2006 and 2007
City watchdog to contact MPs and other PEPs to ask if they have been debanked Inquiry aims to find out extent of denial of banking services to politically exposed persons such as politicians and army leaders
Italy’s Meloni defends windfall tax move against banks PM says ‘the right things must be done’, having watered down measure in response to fall in lenders’ shares
‘Like horse trading’: Credit Suisse retail investors challenge UBS takeover Fresh legal claim planned by group of almost 1,000 shareholders to rushed rescue in March
Bank shares rally as Italy waters down windfall tax; UK heads towards five years of lost economic growth – as it happened Rolling coverage of the latest economic and financial news
Italy waters down windfall tax on banks after market rout Apparent backtrack to fifth of level of assets analysts had estimated follows fall in shares on Tuesday
UK banks to be given two weeks to explain closing of customer accounts Regulator to write to more than 20 of largest lenders after Nigel Farage’s accounts were threatened with closure