Bank of America (BAC.N), has been fined $1.21bn by US regulators for widespread failures to detect potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter earnings.
Former City trader Christian Bittar has become the eighth person to have his conviction for rigging interest rates quashed, just days after five other former bankers also successfully cleared their names.
Tax cuts for big banks have deprived the UK government of £6bn in revenues, according to campaigners, who are calling on the chancellor, John Healey, to increase taxes and force lenders to pay their “fair share” in the …
Top bosses at Goldman Sachs are in line to share a bonus pot worth up to $500m (£378m) this year, marking one of the biggest payouts in the Wall Street bank’s history.
Five more former traders who were jailed for rigging interest rates have had their convictions quashed by the court of appeal in London, after a long battle to clear their names.
British banker Simon Andriesz helped to expose alleged ties between late sex offender Jeffrey Epstein and US commerce secretary Howard Lutnick
Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system
Who is really in charge – the people or the markets? In the first episode of Radical Thinking, a new series from the Guardian, senior economics commentator Aditya Chakrabortty speaks to the former Greek finance minister…
Study says UK-based banks provided $8.3bn in coal financing in four years, with Barclays and HSBC leading rise
Barclays has watered down its return-to-office plans after a major staff backlash , with the bank allowing some employees to wait until next year before having to be in at least three days a week.
The value of mergers and acquisitions of UK stock market listed companies has surged 175% in 2026 to $132.9bn (£100bn), according to the London Stock Exchange, as overseas buyers snap up British companies at record pace.
British banks and financial institutions are receiving written warnings from MPs that they should not invest in Israel’s E1 settlement project even though new UK laws banning trade with illegal settlements are unlikely …
Stop relying on AI chatbots for customer care and guarantee the “right to talk to a human”, Citizens Advice has urged essential service providers, as research found they wasted time, caused stress and delayed problem so…
Readers respond to William Pettigrew’s article about the lasting significance of the slave trade to Britain’s politics, economy, institutions and culture
Barclays is facing a growing backlash over return-to-office plans, with thousands of staff calling for payouts to help cover travel costs and an exemption for those living more than 40 minutes from work.
A year ago I got an email from Barclaycard stating that my “application was successful” for a credit card. I had made no such application. I immediately reported this to Barclaycard . More emails arrived and I made repe…
Dozens of Bank of England directors and founding subscribers invested in trafficking of enslaved Africans
Judges uphold ruling that financier tried to ‘frustrate’ investigations into harassment claims against him
Your credit score is the magic number that helps lenders decide whether or not to approve a mortgage, loan or credit card application.
Wall Street CEO holds meeting with John Healey amid speculation over windfall tax on banks in October budget
Fancy up to £500 of “free” cash – or how about a complimentary eco-friendly electric toothbrush? Many of Britain’s banks are offering sizeable “welcome bonuses” and other freebies in an attempt to convince people to swi…
Anyone wishing to get their own back on bank-card scammers using the method described in your article ( ‘I’ve £80k in the account, here’s my pin’: turning the tables on the scammers, 29 August ) might like to add a touc…
The Dutch central bank says it has moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing geopolitical unrest”.
The countdown is on. Two months out from Andy Burnham’s inaugural autumn budget, bank executives are wringing their hands over whether the government will target their bumper profits with fresh taxes.