The Bank of England sign on the wall of its headquarters in London. A power cut at the bank added to the drama of banking stress tests yesterday

A power cut at the Bank of England added to the drama of the banking stress tests on Tuesday, as reporters and officials were forced to quit Threadnee(...)

Mark Carney, governor of the Bank of England, pauses during a news conference . Photographer: Chris Ratcliffe/Bloomberg

Royal Bank of Scotland and Lloyds barely passed stress tests set by the Bank of England, which said their capital at the end of last year fell short(...)

The decline in oil prices should be helpful to the world economy, albeit with caveats. Photograph: Getty/iStockphoto

What does the decline in oil prices mean for the world economy? The answer depends on why it has happened and how long it might last. But overall it s(...)

An employee welds the exterior of a vehicle along a production line at a factory in Qingdao, Shandong province. Photograph: China Daily/Reuters

Growth in China’s manufacturing sector slowed in November, suggesting the world’s second-largest economy is still losing momentum and adding pressure (...)

AIB chief executive David Duffy: Cantillon wonders if he would agree with Anne Boden’s assertions about her former role at the bank?

Having quietly taken her leave of AIB as chief operating officer last December, Anne Boden is busily preparing for the launch next year of her new UK (...)

JP Morgan Chase , HSBC Holdings and Credit Agricole, after months of delay, will answer a European Union antitrust complaint alleging they conspired to rig Euribor rates, according to sources.

JP Morgan Chase , HSBC Holdings and Credit Agricole, after months of delay, will answer a European Union antitrust complaint alleging they conspired (...)

Martin Wheatley, chief executive officer of the UK Financial Conduct Authority (FCA), speaks during a news conference following an announcement by the FCA, the Commodity Futures Trading Commission and the Swiss Financial Market Supervisory Authority yesterday, about penalties given to five banks following a global foreign-exchange rigging probe. The FCA said its fines relate to “ineffective” controls at UBS, Citigroup, JPMorgan Chase, Royal Bank of Scotland Group, and HSBC,  that allowed the banks to put their “interests ahead of those of their clients, other market participants and the wider UK financial system.” (Photograph: Matthew Lloyd/Bloomberg)

In an early morning chat, three senior currency traders at some of the world’s biggest banks weighed the pros and cons of admitting a fourth member(...)

A pedestrian walks past a money exchange bureau with a board displaying the exchange rate of the US dollar

Global regulators imposed penalties totalling $3.4 billion on five major banks, including UBS, HSBC and Citigroup on Wednesday in a landmark settleme(...)

Britain’s big four lenders - Lloyds Banking Group, Royal Bank of Scotland, Barclays and HSBC - have about 77 per cent of the 65 million personal current accounts in Britain

Britain’s big banks could be broken up after the country’s competition watchdog launched an in-depth investigation into services for small business cu(...)

Shane Lowry will be hoping he can break into the the world’s top 50 over the next few weeks. Photograph: Getty Images

Rory McIlroy may be conspicuous by his absence as the only one of Europe’s triumphant 12-man Ryder Cup team not to be playing in this week’s $8.5 mil(...)