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Investors tempered optimism about the sector when customers withdrew deposits more quickly than anticipated
Sports Direct owner seeks testimony from James Gorman as it gears up for High Court battle with investment bank
Sixth Street and Pimco in consortium seeking to capitalise on Wall Street bank’s retreat from consumer lending
Regulator makes unprecedented rebuke as many clients locked out of their accounts for weeks
New service will offer online retail bank customers access to three multi-asset funds of funds
South Asian powerhouse has become a target for expansion as business dries up in China
Chair of state-backed lender points to US backlash over new global rules
FCA incurs backlash after initial review finds no evidence of politicians being ‘de-banked’ over their views
We must find a way to balance risk, innovation and commercial freedom
Financial Conduct Authority preparing to release report commissioned after Nigel Farage row
Terms and conditions of new bonds, no matter how detailed, need to be underpinned by trust
French bank’s shares down 12.6% after new chief executive outlines ‘realistic path’
Co-owner of private bank MM Warburg is on trial for his part in the cum-ex dividend scandal
Just as banks are seeking more deals with fintechs, those partnerships are coming under greater scrutiny from regulators who worry that such tie-ups could open the banks and the US banking system to bad actors
Organisations thrive in a culture where everyone feels welcome and respected, regardless of their background
Activity still forms only a small fraction of traditional lending but it is building
Staffers provide clues on how the central bank is interpreting the goals set by UK government
Potential issuance would be test of confidence after bondholders lost billions of dollars as part of takeover
UK bank tells regulator of ‘remediation’ plans to explore Ulster Bank customers’ allegations
Big lenders are starting to retreat, and in some cases exit, from consumer banking, as income becomes squeezed
Bill Gates is among the supporters who say DPI is key to reducing poverty but critics warn civil liberties could be at risk
Traditional lenders react to mobile wallet gains made by Apple and Google as tech groups push harder into financial services
State-backed instant transfer service is credited with helping to widen financial inclusion
Lenders expect big gains in efficiency as they expand use of the technology
Group plans to sue Swiss government in US courts over losses sustained after bank’s takeover by UBS
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