Italy approves 40% windfall tax on banks for 2023 as profits soar Proceeds from levy on interest rate income will be used to help mortgage holders and cut taxes
‘Bit of a conundrum’: contradictory economic signs make RBA rate prophecies difficult Surveys point to two-track economy with low consumer confidence but business in a relatively strong position to weather any slowdown
Australia’s big banks squeeze new homeowners to maintain profits amid bad debt fears In an unusual turn of events, banks are raising mortgage rates for new customers to help cover expected losses from mortgage defaults
HSBC executive apologises for calling UK weak over China Sherard Cowper-Coles claimed British government was bowing to US demands in dealing with Beijing
Raghuram Rajan: the banker who warned of meltdown in 2005 The former governor of India’s central bank now steers a tricky course between supporting free markets and campaigning against unfettered risk-taking
Many of world’s largest hedge funds face UK stress test Participants also including banks and pension funds will have to reveal how activities could harm financial system
‘Up all night worrying’: 92-year-old debanked by NatWest after move to Jamaica Last year’s decision left Philip Cato, who moved ‘home’ in 1990s after 30 years working in the UK, cut off from his state pension
‘It’s a white-knuckle ride’: UK bank customer reveals how switching accounts is far from simple Attempts to move current account from Intelligent Finance led to hours of admin
Jeremy Hunt requests inquiry into ‘debanking’ of politicians Chancellor wants Financial Conduct Authority to investigate whether practice is ‘widespread’
HSBC more than doubles profits as interest rates soar Bank says it earned £17bn in first half and will hand more money back to shareholders
Nigel Farage says new Coutts boss has offered to keep his accounts open Former Ukip leader is still taking legal action against bank demanding compensation and apology
Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers
My debit card and pin were stolen but Barclays is treating me as the criminal It had sent me new ones but before they arrived £1,000 disappeared from my account
UK banks are closing more than 1,000 accounts every day Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’
Nigel Farage launching new website to help people denied accounts by banks The ex-Ukip leader has been hailed as a consumer champion after vowing to create a guide on how to flood banks with data requests