Bank bosses called to meeting with Reeves over impact of Iran war on UK economy HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict
Central bank bosses enlist for war game to gauge threat of Lehman-style bust Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bank
Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days
Metro Bank boss handed record £2.6m a year after slashing 1,000 jobs Dan Frumkin’s pay package comes after bank’s near collapse and rescue by Colombian billionaire
Big US banks rake in near $50bn profit as Iran war shakes markets Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings
Jamie Dimon says private credit defaults are not threat to major banks Recent losses on loans in relatively unregulated sector are not a systemic risk to financial sector, says JP Morgan boss
HSBC says Iran war is hitting confidence as businesses warn over economic risks Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair
Goldman Sachs chief ‘hyper-aware’ of risks from Anthropic’s Mythos AI US bank has the Claude model and is working closely with the tech firm to improve cyber protection
Low-tax Texas opens London office to lure jobs and investment Exclusive: US state is targeting corporate heavyweights in the UK with subsidies and incentives
US summons bank bosses over cyber risks from Anthropic’s latest AI model Reports say Fed chair Jerome Powell among attenders at meeting in Washington
Close Brothers shares surge after UK bank says it can ‘comfortably absorb’ cost of car finance compensation Specialist lender says it expects its slice of £9.1bn compensation set by FCA to be about £320m
JP Morgan reaches agreement with City airport for Canary Wharf’s tallest tower Bank to submit planning application shortly, after securing deal on 265m-high London Docklands building
UK City firms report fastest turnaround in fortunes in 30 years CBI figures showing surprise jump in financial sector’s growth will be welcome news for Rachel Reeves
Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump JP Morgan boss warns of risks of higher inflation and interest rates due to Iran war in annual letter to shareholders
Jim Chalmers claims removing card surcharges will ease cost-of-living pressures. But will you be better off? The reforms announced by the Reserve Bank on Tuesday will have ripple effects across the whole payments system, experts say