CEOs of ClimateWise welcome the Prudential Regulation Authority’s assessment of the impact of climate change on the insurance industry, yet warn that more needs to be...
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...
The Bank of England is set to oversee a series of “ethical hacking” operations of financial services firms, in a bid to assess their defences against...
The Bank of England has warned ‘misbehaving’ or irresponsible bankers that they may have to pay back their bonuses. The Bank has announced that it will...
The Co-operative Bank has introduced a £100 current account switching offer that also includes a £25 donation to a leading charity of the individual’s choice, as...
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...
The Co-operative Group announced on Thursday that it had made pre-tax losses of £559m in the first six months of 2013, amid troubles within its banking...
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)...