British bank Barclays has named KPMG as its new auditor, ending a 119-year relationship with PricewaterhouseCoopers (PwC) amid a British regulatory in(...)

TSB, which already has 4.7 million customers, was spun out of Lloyds last year

Spain’s Banco Sabadell has received approval from Britain’s financial regulators for its £1.7 billion takeover of Britain’s TSB , increasing competit(...)

Morgan Stanley is leading the group of banks said to be ready to supply Uber with $2bn in credit.

Uber is negotiating a $2 billion credit line from a group of Wall Street banks, according to a source. Uber, the car-booking company that has disrup(...)

Greek finance minister Yanis Varoufakis. Speculation is rife that, if no deal is reached on Monday, Greece would need to impose capital controls on Tuesday to avert a banking crisis

Asian shares got the week off to a strong start and US stock futures and the euro firmed on Monday, after Greece scrambled to avert defaulting on its(...)

Taoiseach Enda Kenny pictured last week after announcing the building of the power station in Killala, Co Mayo, with Gerald Crotty of Mayo Renewable Power. Photograph: Maxwells

Veolia has been awarded a €450 million deal to operate a wood-fuelled biomass power plant in Killala, Co Mayo. The company said it secured a 15-year c(...)

A tourist wearing a face mask pushes a luggage cart at Incheon International Airport in Incheon, South Korea. Photograph: SeongJoon Cho/Bloomberg

Hong Kong upgraded to “serious” on Monday its response to an outbreak of Middle East Respiratory Syndrome (Mers) in South Korea, where the number of c(...)

Taoiseach Enda Kenny after announcing the building of the power station in Killala, Co Mayo, with  Gerald  Crotty of Mayo Renewable Power. Photograph: Maxwells

US-backed Mayo Renewable Pow er is planning a €180 million electricity generating plant for Killala, the construction of which will create up to 350(...)

Companies found guilty can face fines of up to 10 per cent of their business volume. Photograph: Mario Proenca/Bloomberg

Portugal’s antitrust regulator has accused 15 banks of unfair competition practices over an 11-year period in which they allegedly shared information (...)

The auction of the “good bank” created from the wreckage of Banco Espírito Santo has turned into a shootout between Anbang Insurance and Fosun International, two acquisitive Chinese rivals. Photograph: Hugo Correia/Reuters

Portugal’s Novo Banco is set to fall into Chinese hands in a more than €4 billion deal that would be the biggest European financial services acquisiti(...)

A Hanergy exhibition stand at a Clean Energy Expo in Beijing recently:  China’s Hanergy Thin Film Power Group is under investigation by Hong Kong’s market watchdog,  after the company lost half its market value of nearly $40 billion in 24 minutes on May 20, 2015. Photograph:  REUTERS

Muted sentiment augurs well for stocks The S&P 500 may be at all-time highs, but the latest Merrill Lynch monthly fund manager survey shows invest(...)