NatWest increases bonus pool by 44% as bank returns to profit Despite £298m pool figure, CEO says group is ‘acutely aware’ of families and firms’ cost of living challenges
Standard Chartered bankers share $1.37bn bonus pot Payout 38% up on 2020, with bonus pots at HSBC, Barclays, Lloyds and NatWest expected to be just as large
Crypto assets market ‘poses threat to global financial stability’ International watchdog highlights stablecoins as particular concern in absence of regulation
‘We’ve had a run on champagne:’ Biggest UK banker bonuses since financial crash Bumper payouts are ‘kick in the teeth for everyone else suffering with the cost of living crisis’, say critics
No 10 pressured me to drop anti-money laundering measures, says ex-minister UK ‘laughing stock’ for failure to stem ‘dirty money’, says Lord Faulks QC, who was told to drop register by Theresa May’s No 10
1MDB scandal: bribery and bigamy loom large in ex-Goldman Sachs banker’s trial Roger Ng pleads not guilty to helping launder millions of dollars looted from Malaysian sovereign wealth fund
NatWest to close 32 branches as more customers move online Taxpayer owned bank confirms 21 NatWest and 11 RBS outlets to go with most staff redeployed
Europe’s biggest banks provide £24bn to oil and gas firms despite net zero pledges Investments to drill new oil wells and tap gas reserves were made within a year of signing up
UK needs 230,000 new rental homes to meet growing demand With more people renting for longer, UK will face a shortfall in private rented property, analysis shows
NatWest: the bailed-out bank that’s become an economic bellwether The high street lender may soon no longer be majority state-owned: and its fortunes are key to the wider UK economy
UK online shoppers face more identity checks as new anti-fraud rules kick in Under changes coming in on 14 March, retailers will have to verify customer is who they claim to be
Azerbaijan ‘laundromat’ – court orders family to hand over £5.6m brought into UK Multimillionaire politician and family to forfeit funds arising ‘from criminal conduct and money laundering’
Deal renewed for banking customers to use Post Office branches ‘Lifeline’ agreement confirmed for millions who rely on branches for services after bank closures
How the UK government lost £4.9bn to Covid loan fraud The race to fund the lockdown economy ensured speed trumped due diligence, leaving the taxpayer wide open to fraud
The Guardian view on a Tory resignation: a minister goes over government failure Editorial: There could be £10bn of losses in Covid fraud. Was this seen as an acceptable price to pay to keep bankers safe from harm during the pandemic?