“A couple of Sundays ago at just past 11am my mobile rang. An automated message purported to be from Barclays Bank, querying a payment to Argos for more than £1,000. Not only had I not made a payment to Argos recently, …
Read more →Rules will require hedge funds, insurers and pension firms to report all non-financial wrongdoing
Read more →Former JPMorgan Chase executive Jes Staley told US lawmakers he repeatedly shared confidential and market-sensitive bank information with Jeffrey Epstein and was at one point named as a trustee of his estate, accordi…
Read more →Last November, Lloyds Bank informed me, in my role as treasurer of my parish church, that the church account was to be closed and that I should open a new business account instead. This can only be done online, but a fa…
Read more →In the scramble to sort out university accommodation, join freshers group chats and work out how a student loan payment is meant to stretch across a whole term, there is one big decision that is easy to put off but wort…
Read more →Inflation rates have been falling across the industrialised world, but fears that the Middle East war will raise oil prices means central banks are sitting on their hands when they should be raising interest rates to su…
Read more →The rating agency Moody’s has said the race to adopt AI is putting big banks at the mercy of a small group of Silicon Valley firms, leaving them vulnerable to widespread outages and price gouging by profit-hungry tech b…
Read more →Businessman and philanthropist who helped fund a new wing for the National Portrait Gallery
Read more →Banks should factor in the time spent by humans checking invented facts, writes Dr Gleb Tsipursky
Read more →It has been a stellar week for UK banks. Fuelled by high interest rates and market turbulence rippling out from the US war on Iran, major lenders have revealed soaring half-year profits that allowed bosses to boost bonu…
Read more →Campaigners have renewed calls for a windfall tax on UK banks that could raise £19bn towards Andy Burnham’s cost of living agenda, after HSBC raked in $10.1bn (£7.5bn) worth of profits in the second quarter of the year.
Read more →A Metro Bank customer has told of his fight to get more than £14,000 back after its systems failed to stop a fraud involving the AI chatbot Claude.
Read more →Disclosure from 2021 investigation marks first time a bank has formally tied money-laundering concerns to Donald Trump
Read more →The London-headquartered HSBC is closing all Australian branches over the next 18 months after selling its local mortgage and personal loan portfolio to the global asset giant Blackstone.
Read more →Lloyds Banking Group will cut another £2bn of costs as part of a four-year plan under which its chief executive will use new tech and AI to drive growth.
Read more →The City trader turned wealth tax campaigner Gary Stevenson has announced he is quitting the YouTube channel that made his name, citing health concerns.
Read more →You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that pay almost that much. Meanwhile, those looking for a regular savings account can now get up to 8%.
Read more →Staley is latest high-profile figure to testify before House amid investigation into Epstein, convicted sex offender
Read more →Democrats in the US Congress have laid out plans for what they say would be the “boldest” bid to revitalize the country’s industrial heartlands since the second world war – using revenue raised by tariffs on China.
Read more →The leading US senator Elizabeth Warren has called for urgent answers from Barclays over what she claimed was its “apparent failure to meaningfully investigate” ties between the bank’s former boss, Jes Staley, and the l…
Read more →The boss of JP Morgan, Jamie Dimon, has warned Andy Burnham against raising tax charges on banks, suggesting it could threaten plans to build its £3bn headquarters in London and drive investment away from Britain.
Read more →Campaigners hope move will force commercial banks to rethink holding assets linked to the fossil fuel
Read more →For many first-time buyers, getting their foot on the property ladder can feel like an impossible dream. However, the good news is that there are a growing number of mortgage deals that require only a small deposit, or …
Read more →A leading Democratic senator has written to the JP Morgan Chase boss Jamie Dimon to request clarification on the bank’s contact with the child sex offender Jeffrey Epstein .
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