Two directors of HSBC’s UK bank are poised to resign in a protest against new rules that could see senior bankers jailed if their institution fails....
The Bank of England has revealed plans for tougher regulations for bankers, including clawing back bonuses after they have been paid and long jail terms for...
Removing barriers that prevented new entrants from entering the banking sector has already boosted competition on the high street, according to a review from the financial...
Lloyds Banking Group’s bill for mis-selling payment protection insurance (PPI) has almost reached £10 billion, after it announced it would be setting aside an additional £1.8...
Online investment platform BankToTheFuture is just one of the new challenger banks emerging, as it looks receive regulatory approval and potentially improve competition across the banking...
The Royal Bank of Scotland (RBS) could be implicated in another scandal, the outgoing chairman of UK Financial Investments (UKFI) has said. The potential penalties relate...
Shares in Barclays fell sharply on Tuesday, as the bank announced a plan to help cover a £12.8 billion shortfall in capital. It will issue £5.68...
The Royal Bank of Scotland (RBS) has been fined £5.6m by the banking regulator, after incorrectly reporting more than 44m transactions made with other banks and...
Big banks in the UK need to raise billions more in capital to cover their risks, according to the Prudential Regulation Authority (PRA). Five of the...
The future head of Britain’s new banking regulator has warned that banks will be allowed to fail. Andrew Bailey will run the Prudential Regulation Authority (PRA)...