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Tough action on interest rates in the US. But how rattled is the US Federal Reserve?

Wall Street braces for rises in borrowing costs in July and September as 8.6% inflation spurs on central bank

Bank group accused of exploiting loopholes and ‘greenwashing’ in climate pledge

‘Net zero’ global alliance of financial institutions, begun at Cop26, can still invest in coal and other fossil fuels

Victims of one of UK’s biggest banking frauds ‘to be offered £3m compensation’

HBOS, now part of Lloyds Banking Group, was involved in major fraud at its Reading branch in early 2000s

Bank cards: where have all the numbers gone?

As more banks go numberless to help stop fraud, we look at what it means for security and ease of use

UK’s largest lenders no longer ‘too big to fail’, says Bank of England

Assessment finds customers could access accounts despite any collapse but three banks have shortcomings

Anti-money laundering proposals ‘uninspired and insipid’, say MPs

Law Commission review of corporate criminal liability in England and Wales also criticised by campaigners

City donations worth £15m raise concerns over influence on UK politics

Total donated to parties by financial firms and individuals tied to the sector over two years, report says

Credit unions are helping Britons survive – but can they really rival banks?

Zero-interest loans have helped financially vulnerable people pay for items from school uniforms to vital furniture

Flash crash set off by ‘fat-fingered’ Citigroup trader could cost $50m

Details emerge after London-based employee incorrectly added a zero to a transaction

Here’s how rocketing rents and unaffordable house prices can be fixed

We have the chance to guarantee the human right to housing – rather than a real-life game of Monopoly. We must take it, says Leilani Farha, former UN special rapporteur on the right to housing

Wells Fargo employees pushing to organize union across bank’s workforce

Third largest bank in the US has faced a series of scandals, from fake accounts to mass overtime pay violations

Former minister accuses Starling Bank over Covid loans

Boss of Starling bank defends its efforts to prevent Covid loan fraud after public attack by Lord Agnew

UK finance ‘faces £340bn in losses’ without action on climate change

Dire warning follows first Bank of England climate stress tests on seven largest lenders

HSBC suspends head of responsible investing who called climate warnings ‘shrill’

Bank investigating Stuart Kirk’s conference speech deriding flooding risks and climate warnings from UN and Bank of England

‘If my £6.5m Kent mansion is sold now it could help fund Putin’s war’

Russian state-linked bank pursuing financier for millions over alleged fraud is not on UK sanctions list

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  • Global stocks fall amid ‘big worries over AI’ after Democrats’ midterms triumph
  • US tech stocks post modest recovery on Wall Street after worst day in 19 months – as it happened
  • UK dairy farmers face further pressure as milk processor cuts prices
  • EU charges TikTok with failing to protect users’ mental health
  • David Jones was months behind in payments to some small Australian brands before going into administration, suppliers say
  • Commuters and shoppers face disruption from tube driver strikes in run-up to Christmas
  • US job growth exceeds expectations in October despite economic uncertainty
  • UK house prices fall at steepest rate in more than three years
  • Tesla to wind down Cybertruck production as Elon Musk focuses on robotics and AI
  • Dream ticket? Super-rich can sleep pretty with Singapore Airlines ‘largest double bed in the sky’
  • Minister tells energy suppliers to do more to help households tackle unpaid bills this winter
  • Nasdaq sees worst day in 19 months as investors bet on AI slowdown after Democrats’ election triumph
  • Bank of England raises interest rates to 4%, the first increase for more than three years
  • Multiple planes diverted as bomb threats to commercial flights reported across Europe – as it happened
  • Why have more than 30 European flights been hit by bomb threats this week?
  • Today’s UK interest rate rise unlikely to be the last unless Iran war ends; Wall Street slides on AI fears as ‘panic sets in’ – as it happened
  • How Democrats used the midterms to turn affordability concerns into ‘green populism’
  • Lynne Walker obituary
  • Pound hits highest level since its crash after 2016 Brexit vote
  • BT cuts almost 8,000 jobs amid sweeping cost-saving programme
  • Amtrak workers’ union denounces plan to let passengers bring guns on trains: ‘Sheer lunacy’
  • Debt of poorest countries at record $9.4tn high, World Bank data shows
  • David Jones wrongly believed it could be exclusive and everywhere. Can the 188-year-old institution keep the lights on for Christmas?
  • What does the UK interest rate rise mean for homeowners and savers?
  • Interest rate rise in midst of cost of living crisis will leave many incredulous
  • Rural voters were feeling left behind before the midterms, poll shows
  • South West Water’s failure to fix leaks ‘putting customer supplies at risk’
  • ‘I never understood wind’: midterms spark hope for renewables after Trump’s hostility
  • Like many others, 87-year-old Janet came to ‘say goodbye’ to the Australian institution that is David Jones
  • UK found to be ‘dangerously’ reliant on China for critical minerals needed for defence and AI

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