NatWest takes £24m hit from abandoned ‘Tell Sid’-style campaign Bank left with costs from Sir Trevor McDonald-fronted campaign after early election halted rollout
Revolut finally receives UK banking licence after three-year wait Move paves way for fintech firm to hold customers’ deposits and offer own-branded loans, including mortgages
Lloyds predicts drop in defaults on loans and mortgages as UK economy improves Bank sets aside just £44m for bad debts and defaults in second quarter amid upbeat outlook
Northern Rock ‘mortgage prisoners’ sue TSB subsidiary that bought their loans Borrowers say Whistletree charged inflated interest rates when it took on their debt after lender’s collapse
Global IT outage shows dangers of cashless society, campaigners say Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out
From trains to retail, how CrowdStrike outage caused havoc across industries Transport, hospitals, television stations, sports clubs and financial systems among the sectors hit
Nationwide gets green light for £2.9bn takeover of Virgin Money Regulator the CMA finds deal will not substantially affect competition for mortgages and credit cards
Canary Wharf Group to carve chunks out of HSBC tower after bank leaves Revamp of 42-storey block when bank moves out in 2027 will include new terraces and leisure facilities
UK banks told to treat politicians more fairly after Farage debanking row The FCA says financial institutions should not disadvantage people running for office and their families
‘More politicised than any other bank’: HSBC’s new boss prepares to ride the Chinese tiger Georges Elhedery learned Mandarin in preparation for the top job, a sign that he grasps exactly where his lender’s strength and weakness lie
HSBC names new Mandarin-speaking CEO as bank prepares for US-China tensions Lebanese-born ex-finance chief Georges Elhedery takes up job in September when bank veteran Noel Quinn steps down
From magic acts to Goldman Sachs and beyond: the US finance whiz helping kickstart UK growth Tracy Blackwell, boss of the Pension Insurance Corporation, has worked her way from up Baskin-Robbins and survived a shipwreck disaster (for her possessions), to lead a company set to work closely with the new chancellor
Goldman Sachs raises banker pay and bonuses after 150% surge in quarterly profit Wall Street firm says it spent $4.2bn on compensation and benefits for its 45,300 staff in the three months to June
Disused Lloyds office sites to be converted into social housing Exclusive: Bank launches project by selling Pudsey site as CEO says Labour’s commitment to sector is ‘clearer’ than last government’s
Mobile banking: alarm as fraudsters take over handsets and raid accounts Scams underline risks of banking on mobile, with not all lenders prepared to refund victims