Old ghosts of Staley – and Epstein – haunt Barclays once again A new lawsuit against its former boss does not involve the bank, but awkward questions may be asked at this week’s AGM
How war in Taiwan could mean the wheels come off the UK economy Microchips are an issue, of course, but China also makes the alloy wheels our cars mostly roll on. And what about TikTok?
NatWest first-quarter profits jump by 50% after interest rate rises Banking group says some customers have had to dip into savings because of rising prices
UK economy not ‘out of the woods’, says Barclays boss after bank’s record profit Venkatakrishnan says bank remains cautious about months ahead despite first-quarter profit of £2.6bn
New CBI boss says she is ‘profoundly sorry’ to women let down by business group – as it happened As Rain Newton-Smith takes over as CBI director general, the boss of drugmaker GSK calls claims around CBI ‘absolutely shocking’ and ‘repulsive’
First Republic Bank shares fall 50% after reporting dramatic slump in deposits Bank now faces tough options to turn around its business with the creation of a ‘bad bank’ or asset sales possibilities
Allowing Silicon Valley Bank UK to fail would have caused domino effect, FCA suggests Regulator’s chief executive, Nikhil Rathi, outlines to MPs what led to HSBC’s takeover of the bank for just £1
Climate protesters call out US banks for funding fossil fuel projects Offices of Citibank in New York and Wells Fargo in San Francisco targeted by activists urging shareholders to act
Revolut bank’s valuation stretches credulity despite $15bn slump It is hard to see how hopes of future growth justify the challenger bank being worth $18bn – not least as it made only £26m in 2021
Revolut’s place as UK’s top fintech firm at risk after Schroders writedown Asset manager suggests its stake could be worth less only 18 months after investing almost £10m
Credit Suisse says £55bn left bank in lead-up to rescue by UBS Results reported for what is likely to be the last time as lender’s takeover by Swiss rival nears completion
Banks line up to reassure investors as season of turbulence subsides First-quarter results for the UK’s big four will vary by exposure to volatile markets, but the boost from high interest rates won’t last
JP Morgan execs reportedly maintained contact with Epstein after dropping him as client Bank’s links to sex offender financier deeper than previously known, as it faces lawsuit brought by US Virgin Islands
Credit Suisse investors suing Swiss regulator after £4bn bond wipeout Finma accused of acting unlawfully and undermining confidence in Switzerland as a financial centre
Regulator warns UK banks over miserly savings rates for loyal customers FCA says it will consider ‘onerous interventions’ if it concludes ‘loyalty penalty harms’ not being addressed