Barclays warns inflation and cost of living crisis is hurting customers Bank puts aside extra cash to cover potential loan defaults amid fears over effects from Ukraine war
Lloyds says customers cutting back on streaming and gyms as inflation bites Bank warns of more loan defaults amid cost of living crisis as it reports 14% fall in first-quarter pre-tax profit
Fraud in Covid bounceback loan scheme not being addressed, say MPs Public accounts committee say government must devote more resources to recovering nearly £5bn
HSBC profits fall nearly 30% on Ukraine war and default fears Bank puts aside £504m to cover unpaid loans as customers miss payments due to cost of living crisis
Bank bosses’ optimism darkens as war follows on the heels of Covid Last year’s hopes of a return to normal will largely be absent from this week’s downbeat set of UK lenders’ results
Scilly residents face paying hundreds to visit the bank as last branch closes Lloyds is to close the Isles’ last branch meaning the nearest bank will be 44 miles and a ferry ride away
UBS should be banned from doing business in PNG after loan deal, PM tells parliament James Marape says failed deal cost country ‘in excess of $AUD340m’ and accused bank of overcharging by AUD$175m
Santander to reduce opening hours across hundreds of branches Bank says it is responding to changing habits with all but four branches due to shut at 3pm
BoE asks financial firms for £24m more to keep track of risks from crypto assets Levy increase needed to hire 100 extra staff in response to ‘new policy responsibilities’, says regulator body
Credit Suisse issues profit warning caused by jump in legal costs The bank, beset by a string of controversies, has put aside an extra 600m Swiss francs for unspecified cases
Monzo and beyond: How TS Anil put banking in a new light The fintech startup’s boss always hoped it would make waves, but has only recently realised what his own career has meant to people of colour in banking
Vote down executive pay at Barclays and Standard Chartered, investors told Rebellions loom as Glass Lewis advises banks’ shareholders to reject higher base pay and excessive pensions
Goldman Sachs pay falls by a third and profits slump as investment boom ends Wall Street lenders feel the pinch from Ukraine war and growth fuelled by easing of Covid restrictions wanes
ABN Amro apologises for historical links to slavery Dutch bank says sorry for ‘pain and suffering’ caused by past actions and activities of its predecessor firms
Kremlin will take legal action if Russia pushed into default, minister threatens Sanctions are designed to make it difficult for Russia to make sovereign debt payments to foreign investors