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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.
    Email Stephen Morris @sjhmorris  on Twitter (link opens in a new browser window)
    Email Stephen Morris @sjhmorris  on Twitter (link opens in a new browser window)

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    • Tuesday, 2 August, 2022
      HSBC Holdings PLC
      HSBC’s chair hits back at Ping An break-up demands

      Mark Tucker warns investors split would result in share-price drop and reduce dividends

    • Monday, 1 August, 2022
      HSBC Holdings PLC
      HSBC pledges to restore dividend to pre-pandemic levels

      Executives reject calls from Ping An to split business between east and west amid rising geopolitical tensions

    • Saturday, 30 July, 2022
      News in-depthEuropean banks
      Europe’s lenders prepare for life outside negative territory

      Rising interest rates, inflation, new taxes and looming recession all mean ‘the world will have to relearn banking’

    • Thursday, 28 July, 2022
      UK banks
      UK banks handed £352mn by government to cover Covid loan losses

      Lenders have further £1.6bn claims pending on flagship small business bounce back scheme

    • Thursday, 28 July, 2022
      Barclays PLC
      Barclays’ profit halves after misconduct provisions wipe out trading gains

      British bank set aside £1.3bn to cover litigation related to a mis-selling blunder and improper staff WhatsApp usage

    • Thursday, 28 July, 2022
      UK business & economy
      West London faces new homes ban as electricity grid hits capacity

      Greater London Authority warns developers that upgrade might take more than a decade

    • Wednesday, 27 July, 2022
      News in-depthCredit Suisse Group AG
      Credit Suisse turns to ‘Uli the knife’ to cut bank loose from scandal

      Ulrich Körner faces daunting task as CEO following years of crises that have shredded lender’s shares

    • Tuesday, 26 July, 2022
      Credit Suisse Group AG
      Credit Suisse set to name Ulrich Körner as chief executive

      Thomas Gottstein departure ends tumultuous period for Swiss bank

    • Monday, 25 July, 2022
      Julius Baer Gruppe AG
      Julius Baer profit plunges in ‘worst’ market in decades

      Swiss wealth manager sounds optimistic note as client risk appetite returns despite 26% drop in first-half net income

    • Monday, 25 July, 2022
      FT News Briefing podcast11 min listen
      European banks set to benefit from rising interest rates

      The strong US dollar wipes billions from US businesses with global operations

    • Thursday, 21 July, 2022
      Chinese business & finance
      HSBC installs Communist party committee in Chinese investment bank

      Lender is highly exposed to escalating geopolitical rivalry between China and west

    • Friday, 15 July, 2022
      Investment Banking
      Investment banking slowdown sparks fears of Wall Street belt-tightening

      Some firms are dragging their feet on recruitment and telegraphing lower pay

    • Friday, 15 July, 2022
      Mediobanca SpA
      Horta-Osório to join Italy’s Mediobanca

      Former Credit Suisse chair to start as senior adviser at investment bank next month

    • Thursday, 14 July, 2022
      Deutsche Bank AG
      Deutsche Bank turnaround plan hit by costly tech delay

      Core IT restructuring project postponed until 2023 has proved far more complex than anticipated

    • Thursday, 14 July, 2022
      News in-depthBanks26 min
      Credit Suisse: what next for the crisis-hit bank? | FT Film

      A tale of scandal after scandal at one of Europe's leading banks

    • Monday, 4 July, 2022
      Credit Suisse Group AG
      Credit Suisse struggles with backlog of new wealthy client accounts in Asia

      Waiting list for applications underlines tension between lifting profits and avoiding future scandals

    • Friday, 1 July, 2022
      Citigroup Inc
      Citi in talks with Russian buyers over sale of local operations

      US bank in negotiations with groups including Expobank and insurer Reso-Garantia

    • Thursday, 30 June, 2022
      Cost of living crisis
      Barclays hands UK staff £1,200 pay rise to ease cost of living crisis

      Bank offers increase to 35,000 branch and junior employees

    • Monday, 27 June, 2022
      UBS Group AG
      UBS courts US investment heavyweights to boost valuation

      Executives want to convince investors it is a global bank, not a European institution

    • Friday, 24 June, 2022
      Barclays PLC
      Barclays to buy UK specialist lender Kensington Mortgages

      Bank agrees £2.3bn deal after beating rivals such as Starling

    • Thursday, 23 June, 2022
      Deutsche Bank AG
      Christian Sewing waives 1.4% of his bonus over Deutsche’s use of unapproved messaging apps

      CEO and other executives voluntarily forgo €75,000 each in pay to signal responsibility for ‘cultural shortcoming’

    • Thursday, 23 June, 2022
      Fintech
      SumUp struggles to €8bn valuation as tech sell-off hits UK fintech

      London-based payment-services group had earlier hoped to raise funds at €20bn pricetag

    • Wednesday, 22 June, 2022
      Brexit
      UK financial services co-operation with EU hit by Northern Ireland row

      Lords committee finds sector has become ‘collateral damage’ in post-Brexit dispute over trade agreement

    • Wednesday, 22 June, 2022
      UK Infrastructure Bank
      UK Infrastructure Bank pledges to make direct equity investments

      Chief executive defends using third-party managers while group builds its own expertise

    • Monday, 20 June, 2022
      Tidjane Thiam
      Tidjane Thiam’s Spac in merger talks with life sciences group Human Longevity

      Californian group that offers expensive tests in effort to prolong lives was selected after Pimco scuppered earlier deal

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