NatWest and Lloyds to axe a further 81 bank branches Banks say customers are rejecting traditional counter services in favour of online banking
Average Wall Street bonuses plummeted in 2022 to $176,700 Bonuses now at pre-pandemic levels, after profits started to fall for firms as inflation rose and fears of recessions started to hit
Credit Suisse aided tax evasion, says US Senate committee; Bank of England reports UK banks are ‘resilient’ – as it happened US Senate committee’s findings come on the day UBS appoints ex-boss Sergio Ermotti as new CEO to steer Credit Suissse takeover
UBS brings back former chief to oversee Credit Suisse takeover Sergio Ermotti, who stepped down in 2020, will rejoin Swiss bank as it prepares to absorb troubled rival
US senators grill banking regulators in first Silicon Valley Bank hearing Lawmakers aim to determine how Silicon Valley Bank and Signature Bank failed, sparking fears of financial crisis
Bank of England ‘vigilant’ in wake of Silicon Valley Bank collapse, says Bailey Governor tells MPs market turmoil has ‘tested’ banking sector for signs of weaknesses but denies fresh crisis is looming
Barclays says Epstein allegations against ex-boss Jes Staley ‘serious and new’ Bank further distanced itself from its former chief executive who resigned in November 2021
Saudi National Bank chair resigns after Credit Suisse comments Ammar Al Khudairy’s remarks about Swiss lender spurred investor panic that led to emergency takeover
Could office blocks be the next big casualty of the banking crisis? Higher interest rates and cuts in lending pile pressure on commercial property sector after hit from hybrid working
Silicon Valley Bank: most of failed lender bought by First Citizens Collapse of tech sector lender will cost about $20bn in deposit insurance payouts, say US regulators
IMF chief warns global financial stability at risk from banking turmoil Kristalina Georgieva joins others in voicing fears about threat to world economy after recent bank collapses
It may not be 2008 all over again – but this banking turmoil is not without danger New approach is needed to get UK through looming credit crunch after failure of recovery from crash
Investors force HSBC shareholder vote on structural overhaul Minority shareholder Ken Lui leads campaign seeking to split bank’s Asian and western businesses
Australian banks predict another interest rate rise despite hopeful investor outlook Big four banks believe RBA will lift cash rate by at least another 25 basis points though many predict rises are close to a peak
Deutsche Bank shares tumble as fresh banking sell-off grips Europe and US – as it happened Stock markets and oil fall amid fears over Germany’s biggest bank