New account pays 9% interest as UK savers offered highest rates for more than a decade Building societies offer rates over 7% – but deals have strings attached and are limited to existing members
JP Morgan CEO Jamie Dimon claims he had never heard of Epstein before arrest Testimony counters claims that the bank ignored signs of malfeasance, including Epstein’s large monthly cash withdrawals
Barclays CEO Jes Staley contradicts JP Morgan chief’s claim they never discussed Epstein Staley says that he communicated with Jamie Dimon about the convicted sex offender, in a lawsuit against the US banking giant
UK and US poised to fall into recession as interest rates dampen growth Moody’s report shows weak growth across G20 as central banks move to reduce persistent high inflation
Almost 800 UK mortgage deals pulled as concerns mount over interest rate rises Number of residential deals down by almost 7% in a week, in echo of crisis that followed Liz Truss mini-budget
UK banks shortchanging savers with ‘measly’ rates, says Which? Some instant access accounts as low as 0.1% despite Bank of England’s 4.5% base interest rate
Social media sites are wild west for shopping fraud, says UK bank Firms ‘should contribute to refunds’ as two-thirds of online scams now originate in Facebook and Instagram
Starling Bank founder steps down as CEO to avoid potential conflict of interest Anne Boden is also a major shareholder and hopes move will shield online bank from possible concerns
Major banks shared sensitive bonds information in online chats, CMA finds Traders at five banks found to have discussed British government bond trading between 2009 and 2013
UK government sells £1.26bn of NatWest shares, taking stake below 40% State bailed out lender, formerly known as RBS Group, in near-£46bn deal during 2008 financial crisis
Central banks ‘risk losing trust if they cannot tame inflation’ Bank of International Settlements also warns US bank failures and cryptocurrencies could reduce trust
UK ministers ask to meet Revolut amid reports it may be refused licence Britain’s most valuable fintech firm has criticised regulatory hurdles that it says could drive it abroad
Nationwide to pay £340m of profits directly into customers’ accounts The first comes as jump in deposits and interest rates drives earnings up 40% to record highs
Deutsche Bank agrees to pay $75m to settle Jeffrey Epstein lawsuit Group of women accused lender of helping facilitate US financier’s sex trafficking operations
Westpac bans transfers to world’s largest crypto exchange Binance Bank customers can no longer make payments to the cryptocurrency exchange, in a move to reduce scams