Lloyds suspends commission payments after ‘seismic’ ruling on UK car finance Industry and Treasury hold urgent talks after court of appeal rules consumers were mis-sold loans
Sweden and Norway rethink cashless society plans over Russia security fears Rise in hybrid warfare and cyber-attacks blamed on pro-Russia groups prompt Nordic neighbours to backpedal
HSBC denies breakup plan as it launches $3bn share buyback London-headquartered bank says profits beat forecasts as it prepares to split eastern and western operations
Santander UK delays results as it considers landmark car loan ruling Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bn
JPMorgan sues customers over alleged fraud linked to TikTok viral glitch US bank accuses four users of stealing about $660,000 in total from ATMs using fake cheques
Lloyds ‘assessing’ impact of landmark court ruling on car loans Lender holds about £15bn in loans through Black Horse and could have to pay compensation for mis-selling
Consumers win UK car finance case that could lead to billions in compensation Judges in test case rule it was unlawful for lenders to pay commission to car dealers without borrowers’ knowledge
Lloyds backs Reeves budget plans despite mooted tax increases Bank expects ‘constructive, pro-growth agenda’ by chancellor next week and seeks to be part of it
HSBC splits operations into east and west divisions in major overhaul Bank will also divide into four businesses as it seeks to cut costs and navigate rising geopolitical tensions
Israeli airstrikes on Lebanon hit branches of Hezbollah-linked bank Strikes targeted Al-Qard Al-Hassan buildings in Beirut’s southern suburbs, south Lebanon and the Bekaa valley
UK interest rates to fall to 2.75% by next autumn, Goldman Sachs predicts Economists at investment bank say markets are underestimating likely extent of action by Bank of England
Why is Germany shooting its own stagnating economy in the foot? A proposed Italian-German bank merger makes sense for Europe, but Berlin is opting for domestic protectionism, says economics commentator Simon Nixon
How to cut through the small print on savings accounts Some best-buy, high-paying accounts are not always the best for you
Chancellor summons City bosses to No 11 for infrastructure taskforce relaunch Exclusive: Rachel Reeves will meet senior City figures on Friday to discuss funding of national investment projects
Labour’s new green rules for big companies face resistance in the City Business lobby groups fear the impact of the government’s environmental standards on efforts to revive the London Stock Exchange