UBS to make $35bn in Credit Suisse takeover – but lose $17bn in rushed deal UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue
Give customers a fair deal or else, finance regulator warns sector The Financial Conduct Authority will soon launch the ‘consumer duty’, a tough new regime supposed to ensure firms put people’s needs first
UK ministers urged to intervene if Australian bank takes 100% of gas business Macquarie has option for all of National Grid gas transmission and metering despite tainted history of owning utilities
Skipton’s 100% mortgage for renters offers hope – but not without risk Much depends on the housing market and there’s no agreement on how that’s faring right now
UK mortgage lender to offer first 100% loans since 2008 crisis Skipton building society aims product at renters who cannot save enough for a deposit
US banking crisis: Warren Buffett says bosses should face ‘punishment’ Billionaire investor believes ‘CEO and directors should suffer’ when banks they run get into trouble
Can Joe Biden escape the fallout from the US banking crisis? If president is not worried about re-election prospects after one of biggest economic bubbles of past 100 years, he should be
Tell us: have you been scammed via Meta’s platforms in the UK? We want to speak to people in the UK who have been defrauded via Instagram, Facebook and WhatsApp amid an uptick in online scams
Banking firm that owns Southern Water posts record profits Macquarie’s net profit is up 10% with its top commodity trader landing A$58m through profit-share deal
HSBC investors reject plan to split bank in meeting disrupted by climate protest Majority of shareholders reject proposal to spin off Asian operations, after hour of disruption from campaigners
Filipino activists appeal to British banks over region devastated by oil spill Environmentalists from the Philippines urge investors to avoid LNG projects which they say threaten the Verde Island Passage
US regional bank shares partially recover but fear of crash lingers Stock market rises on bounceback despite investors still nursing steep losses
Trading halted in shares of two more US lenders as fears of banking crisis mount Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures
US banks are failing, and the authorities seem unlikely to intervene Regional lenders such as PacWest and Western Alliance are not seen as systemically important and more consolidation is ahead
Climate protesters rework Spice Girls song to disrupt Barclays AGM Lyrics of Stop changed to ‘stop right now, no more oil and gas’ because of bank’s fossil fuel funding