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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

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