City of London reforms risk repeat of Equitable Life savings scandal, warns Bank of England
Brexit freedoms in the City of London risk triggering an Equitable Life-style scandal that could leave policyholders nursing huge losses,...
archiveBanks and Finance
Watchdog raises alarm as privatised Green Investment Group falls behind
Trustees of Britain’s green investment bank have raised the alarm over its operations for the first time since its sale...
Wall Street giants step up their challenge against British banks
When Goldman launched Marcus, its direct-to-customers retail bank, in the UK in 2018 and JPMorgan followed suit with Chase last...
Brussels accused of damaging EU competitiveness by bloc’s own banks
The European Commission is facing a fresh row with the bloc’s banking industry after a raft of financial trade bodies...
