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(...)

Measurement Madness

Organisations love measurement systems, be they for setting targets, tracking key performance indicators or rewarding and punishing individual behavio(...)

Thorntons has become something of a joke in the City for its repeated profit warnings, its failure to sell eggs at Easter or boxed chocolates at Christmas and its constant complaints about the weather being too hot or too cold – or sometimes both. Photograph: EPA

The takeover of a famous British name by an overseas bidder is usually greeted with a chorus of complaints about the erosion of the nation’s industria(...)

Lloyds Pharmacy will see its presence  grow from its 91 current stores to about 150

Lloyds Pharmacy is to add up to 60 new branches to Ireland with the creation of 500 new jobs. The expansion plan is to be rolled out over a three-yea(...)

Blaming past failings inside the Bank of England, Mr Carney said its ultra-traditional governance rules had “weakened the social licence of markets”. Photograph: Leon Neal/AFP/Getty Images

Bankers found guilty of rigging financial markets will be jailed for up to a decade, Bank of England governor Mark Carney has warned the City of Lon(...)

HSBC  logo: firm is to eliminate up to 50,000 jobs by 2017 by shrinking its global reach as chief executive Stuart Gulliver seeks to cut annual costs by about $5 billion to restore profit growth. Photograph: Simon Dawson/Bloomberg

Could the famous golden griffin, last seen on Britain’s high streets almost two decades ago, be poised to make a comeback? Set against a blue backgrou(...)

The fine will  see the bonus pool for state-backed Lloyds being reduced by £30 million. Photograph: David Moir/Reuters

Lloyds Banking Group chief executive Antonio Horta-Osorio has lost out on £350,000 worth of bonuses after it was hit with a record £117 million fine b(...)

Lloyds, which had to be rescued by British taxpayers in 2009, argued that the terms of the bonds allowed for the so-called enhanced capital notes to be redeemed at face value since they no longer qualified as regulatory capital.

British bank Lloyds has lost a court ruling, preventing it from redeeming as much as £3.3 billion of contingent capital bonds. Lloyds, which had to b(...)

British chancellor George Osborne: sources say Mr Osborne is due to lay out plans for privatising Royal Bank of Scotland next week. Photograph: Anthony Devlin/PA Wire

British chancellor George Osborne is expected to lay out plans for privatising Royal Bank of Scotland in next week’s Mansion House speech, according t(...)

Alison Brittain: she will join a small group of five other women running companies in the UK’s FTSE 100 Index. Photograph: Nick Ansell/PA Wire

Whitbread has turned to the finance industry for its new chief executive officer with the appointment of Alison Brittain, head of Lloyds Banking Group(...)