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
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
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
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
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
Sir Kit McMahon obituary Deputy governor of the Bank of England who helped to rescue the Midland Bank from collapse in the late 1980s
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
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’
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
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
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
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
Senior UK bankers will get bonuses years earlier under plan to relax rules PRA and FCA propose changes to bonus deferrals in bid to drive growth and improve UK competitiveness
FCA fines Macquarie Bank £13m for fictitious trades amid ‘serious failings’ Trader was able to record more than 400 fictitious trades over a period of 20 months, says watchdog
Barclays’ retreat over regulator’s Qatari finding is a cop-out Bank still does not accept FCA finding that payments of £322m to Qatari entities should have been disclosed