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The Latest Breaking News on Financial Services

Bank of England head had ‘clear impression’ that Staley was ‘close’ to Epstein

Andrew Bailey, who was chief executive of the Financial Conduct Authority from 2016 to 2020, appeared at the Upper Tribunal in London on Friday.

Evening Standard

Ian Murray calls for Scottish investment bank to be able to fund defence firms

SCOTTISH Secretary Ian Murray has called for the Scottish National Investment Bank (SNIB) to be able to invest in defence companies.

The National (Scotland)

Coventry Building Society sees yearly profit fall as mortgage costs ease

The building society, which is the second largest in the UK, bought The Co-operative Bank at the beginning of the year.

The Independent UK

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Santander down: Banking app not working as customers unable to make transactions

Santander’s services have gone down in a major outage.

The Independent UK

Santander down: Users hit by outage affecting banking app and other services

Santander said it was aware of the issue and was working to fix it

The Independent UK

Santander users hit by outage affecting banking app and other services

The firm said it was aware of the issue and was working to fix it.

Evening Standard

Bank and building society users hit by 33 days of outages in two years, say MPs

Treasury committee finds disruption a result of 158 IT incidents affecting millions of customers

The Guardian - UK

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Barclays could pay up to £12.5m in compensation to customers hit by tech outages

Customers were affected across pay day this year by tech outages at banks

The Independent UK

Barclays to pay up to £12.5m in compensation to customers hit by outages

There has been more than 33 days’ worth of unplanned tech and system outages in the last two years for nine of the UK’s biggest lenders.

Evening Standard

Barclays chair told FCA Staley ‘had no particular relationship’ with Epstein, court hears

Nigel Higgins said to have given assurances about CEO days after child sex offender Jeffrey Epstein’s death in 2019

The Guardian - UK

Police called after dozens of protesters descend on bank set for closure

Police were called after protesters descended on a town’s last bank to campaign against its planned closure ...

The National (Scotland)

Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told

‘Project Jes’ planned to target high-level figures including George Osborne and Mervyn King, emails suggest

The Guardian - UK

Jes Staley received images of ‘mature women’ from Jeffrey Epstein, court hears

Lawyers for ex-Barclays CEO challenging FCA ban argue pictures were ‘innocuous’

The Guardian - UK

Former Barclays boss gambles on courtroom battle over ties to Epstein

Next week Jes Staley will challenge his ban from the City in a case that will reveal his conversations with the disgraced financier

The Guardian - UK

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Evening Standard

Girl, 14, among three teens arrested as pensioner ‘murdered’ in street outside north London bank

Superintendent Annmarie Cowley said: ‘I know this death will cause shock in Islington’

The Independent UK

Former Barclays chief Jes Staley heads to court to clear name from associations to Jeffrey Epstein

American banker had a relationship with the now-deceased Epstein while working at JPMorgan Chase

The Guardian - UK

Online banking problems prompt MPs’ concern amid UK branch closures

Thousands of Lloyds, Nationwide, Halifax, TSB, Bank of Scotland and First Direct customers affected on Friday

The Independent UK

Lloyds and Nationwide online banking down, leaving users locked out of accounts on payday: Live updates

Payday payments affected for second month in a row amid outages across high street

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news in one place.

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Evening Standard

Online banking issues hit customers on payday for second month in a row

Four banks have confirmed disruption for customers on Friday morning.

The Independent UK

JP Morgan CEO Jamie Dimon says that he regrets foul-mouthed rant about employees working from home

‘I’m not against work from home. I’m against where it doesn't work’ he said while justifying his in-office mandate

AAP

'Can't work in the dark': ASIC calls out private market

Financial watchdog ASIC is concerned about a lack of transparency in the growing private equity and private credit markets, as well as a slowdown in IPOs.

The Guardian - AU

Peter Dutton denies having access to sensitive information as Labor questions personal investments

Liberals decry government ‘dirt unit’ as Labor scrutiny leads to fiery clash during Senate estimates

The Guardian - AU

Antisemitism now Asio’s ‘number one priority’, Burgess says – as it happened

This blog is now closed

The Independent UK

Monzo, Revolut, Starling or Chase? The best digital bank accounts, compared

Whether you use an app bank as your main account or your spending one, it’s important to pick the account that suits your needs

The National (Scotland)

Victim of banking app scam issues warning to other Scots who could fall prey

SCAMMERS have been targeting unsuspecting victims with a fake banking app in Scotland.

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