Banking

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UK banks’ trust account exodus cuts lifeline for disabled people, says charity
Customers face ‘severe consequences’ as banks and building societies close accounts typically set up to help vulnerable people

Anna Tims

22, Dec, 2024 @1:00 PM

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Lloyds advert banned for making false environmental claims
Watchdog ruled social media post failed to provide balanced information over bank’s ongoing financing of polluting industries

Kalyeena Makortoff Banking correspondent

18, Dec, 2024 @12:01 AM

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Economists and policy experts warn Reeves against City deregulation
Nobel laureate Joseph Stiglitz among 50 signatories of statement that points to risks to Labour’s wider aims

Heather Stewart

16, Dec, 2024 @5:00 AM

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Supreme court grants permission for appeal against UK car finance ruling
Two lenders can challenge October decision that undisclosed commission paid to car dealers is unlawful

Kalyeena Makortoff Banking correspondent

11, Dec, 2024 @4:14 PM

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Claims management companies circle after UK court ruling on mis-sold car finance
Specialist law firms and CMCs could be in line for massive payday with their cuts from consumer compensation

Kalyeena Makortoff Banking correspondent

09, Dec, 2024 @3:03 PM

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Sir Kit McMahon obituary
Deputy governor of the Bank of England who helped to rescue the Midland Bank from collapse in the late 1980s

Roger Cowe

03, Dec, 2024 @9:15 PM

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Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients

Jack Simpson

03, Dec, 2024 @12:36 PM

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NatWest on fast trajectory back to private ownership, boss says
Paul Thwaite says government’s exit from its stake in bank could come in first half of 2025 and will be a ‘great moment’

Kalyeena Makortoff Banking correspondent

03, Dec, 2024 @10:22 AM

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Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country

Rebecca Ratcliffe in Bangkok and agencies

03, Dec, 2024 @8:15 AM

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TSB appoints Marc Armengol as new CEO amid uncertainty over bank’s future
Armengol to replace Robin Bulloch in 2025 but owner Sabadell faces $13bn hostile takeover bid by BBVA

Mark Sweney

29, Nov, 2024 @10:00 AM

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George Osborne collects share of £30m after record profits at City advisory firm
Ex-chancellor one of three partners to share sum at Robey Warshaw, co-founded by ‘trillion-dollar man’ Simon Robey

Kalyeena Makortoff Banking correspondent

28, Nov, 2024 @4:58 PM

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Russia’s rouble plunges to lowest rate since early weeks of Ukraine war
Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third largest bank

Pjotr Sauer

27, Nov, 2024 @1:03 PM

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