The City watchdog has extended the financial ombudsman’s powers to oversee new SME complaints, but advocates say it is only a “piecemeal” solution towards bringing banks to justice.
The Bank of England could force board-level bank bosses to manage climate change risks as part of new rules being floated by its regulatory arm.
Barclays, HSBC and the Royal Bank of Scotland are among financial institutions backing a move led by the Duke of Cambridge to tackle the illegal wildlife trade.
Scammers stole more than £500 million from UK bank customers in the first half of 2018, figures have shown.
Morgan Stanley will update investment banking clients on its Brexit plans this week, as the Wall Street giant prepares to transfer business from London to bulked up offices in Frankfurt, Paris and Dublin.
The chairman of Royal Bank of Scotland says it is no surprise that the Government will fail to recover losses from the lender’s bailout, with the bank having focused on its “survival” over the past decade.
JP Morgan has warned that the future of 4,000 British jobs is dependent on the type of Brexit deal secured by the British Government.
Labour has condemned plans for a Lehman Brothers staff reunion as “sickening”, as bankers gear up for the 10-year anniversary of its collapse.
HSBC says that Scotland will escape the cull after announcing the closures of a further 62 bank branches in 2017.