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                Stephen Morris

                Banking editor

                Stephen Morris is the FT's banking editor. He was previously a reporter at Bloomberg News and The Independent. He was named business and finance journalist of the year at The Press Awards in 2023.
                Email Stephen Morris @sjhmorris  on Twitter (link opens in a new browser window)

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                • Tuesday, 3 October, 2023
                  Revolut Ltd
                  Revolut strikes share deal with SoftBank to remove barrier to UK licence

                  Britain’s most valuable fintech still faces obstacles to gaining Bank of England approval

                  Nik Storonsky
                • Monday, 2 October, 2023
                  Deutsche Bank AG
                  Deutsche Bank gets regulatory monitor after surge in Postbank complaints

                  Some customers left locked out of accounts after lender’s problematic IT integration project

                  A Deutsche Bank sign above a door at a branch in central Berlin
                • Friday, 29 September, 2023
                  HSBC Holdings PLC
                  HSBC executive to leave after criticising UK’s stance on China

                  Sherard Cowper-Coles said Britain had been ‘weak’ in response to US pressure

                  Sherard Cowper-Coles
                • Thursday, 28 September, 2023
                  Bank of England
                  Bank of England plans permanent lending facility for non-banks

                  UK central bank says facility is needed as risks from financial institutions such as insurers and pension funds rise

                  The Bank of England
                • Thursday, 28 September, 2023
                  UBS Group AG
                  UBS seeks last-ditch settlement in Credit Suisse ‘tuna bonds’ case

                  Trial at London’s High Court over Mozambique scandal is due to start next week

                  A tuna fish
                • Tuesday, 19 September, 2023
                  Confederation of British Industry
                  CBI delays annual meeting as it races to secure £3mn funding

                  Crisis-hit business lobby group looks to contributions from members and bank loans

                • Friday, 15 September, 2023
                  Credit Suisse Group AG
                  Credit Suisse bond investors plot lawsuit against Switzerland

                  Group plans to sue Swiss government in US courts over losses sustained after bank’s takeover by UBS

                  Bern in Switzerland
                • Tuesday, 12 September, 2023
                  The Big Read
                  The Barclay family, the banks and the billion-pound debt

                  How a decade-long effort to restructure loans extended to the reclusive businessmen’s empire culminated in Lloyds Banking Group seizing control of a national newspaper

                • Thursday, 7 September, 2023
                  Telegraph Media Group Ltd
                  Daily Mail in talks over Qatari funding for Telegraph bid

                  Gulf finance in demand as rival media groups circle conservative broadsheet

                  A copy of the Daily Telegraph
                • Monday, 4 September, 2023
                  UK economy
                  UK wages: which sectors are driving up pay?

                  Britain could see interest rates rise further as pay growth remains high

                  montage of a worker in front of a graphic
                • Sunday, 3 September, 2023
                  News in-depthWealth management
                  St James’s Place business model under scrutiny after fee cut

                  As some clients complain about opaque charges, investors worry recent reduction could be just the start

                • Friday, 1 September, 2023
                  Media
                  Lloyds in talks with Barclay family over Very Group

                  Lender that seized Telegraph Media Group holds a guarantee over the retail and financial services business

                  A customer scrolls through the Very Group app on their smartphone
                • Thursday, 31 August, 2023
                  News in-depthUBS Group AG
                  ‘Deal of the century’: how UBS’s rescue of Credit Suisse proved a boon

                  Record $29bn quarterly profit linked to the takeover triggers fierce political debate in Switzerland

                  UBS chief executive Sergio Ermotti speaks during a press conference on the first results of the Swiss giant banking UBS since it’s Credit Suisse merger
                • Thursday, 31 August, 2023
                  Media
                  Nadhim Zahawi working with Barclay family on Telegraph bid

                  Former Tory chair acting as middle man between family and Middle East backers

                • Thursday, 31 August, 2023
                  Standard Chartered PLC
                  StanChart appoints former BofA executive as chief financial officer

                  Diego De Giorgi will be part of new cadre of top managers focused on improving group’s valuation

                  Standard Chartered headquarters in London
                • Tuesday, 29 August, 2023
                  News in-depthEuropean banks
                  High hopes, rocky realities: Europe’s new banks struggle to grow up

                  Funding bonanza has come to an end with interest rate rises and doubts about profitability, controls and culture

                  The exterior of the German neobank N26
                • Wednesday, 23 August, 2023
                  Morgan Stanley
                  Ofgem fines Morgan Stanley £5.4mn for WhatsApp violations

                  UK energy regulator says US bank failed to keep records of traders’ discussion of energy deals on personal phones

                  Morgan Stanley London headquarters
                • Monday, 21 August, 2023
                  Citigroup Inc
                  Citi considers overhaul that would hand more power to CEO Fraser

                  Institutional Clients Group would disappear in most significant shake-up of past 15 years

                  Citigroup chief Jane Fraser
                • Sunday, 20 August, 2023
                  Barclays PLC
                  National Trust under pressure to ditch Barclays over fossil fuel funding

                  Grandson of one of conservation charity’s largest donors adds to criticism of relationship

                  Dyrham Park in South Gloucestershire, a National Trust property.
                • Monday, 14 August, 2023
                  UBS Group AG
                  UBS pays $1.4bn to settle US mortgage bond mis-selling case

                  Agreement resolves final case by federal task force set up to probe Wall Street’s role in causing 2008 financial crisis

                  A UBS logo on the bank’s headquarters in Frankfurt
                • Friday, 11 August, 2023
                  Travel & leisure industry
                  Business travel recovery stalls as companies seek to cut costs and emissions

                  Industry has previously been able to rely on big companies paying high prices for flexible bookings

                • Wednesday, 9 August, 2023
                  Italian banks
                  Top investors attack Italy’s botched windfall tax on banks

                  Alarm over levy and poor communication from Prime Minister Giorgia Meloni

                  An Intesa SanPaolo bank branch in Brescia, Italy
                • Saturday, 5 August, 2023
                  NatWest Group
                  NatWest starts to sound out successors for departed CEO Rose

                  Permanent appointment will only be made when chair Howard Davies is replaced

                • Tuesday, 1 August, 2023
                  HSBC Holdings PLC
                  HSBC to launch $2bn share buyback after profit boost from interest rates

                  Results strengthen bank’s hand against Ping An’s activist campaign to split business

                  Noel Quinn
                • Sunday, 30 July, 2023
                  UK financial regulation
                  Pressure mounts on UK financial regulator to overhaul bank rules for politicians

                  Grant Shapps and Richard Tice say they have had difficulties with accounts as fallout over Farage ‘debanking’ continues

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