A previous IT failure in 2012 left many Ulster Bank account holders unable to properly access their accounts. Photograph: Brenda Fitzsimons.

The chief executive of Royal Bank of Scotland, the owner of Ulster Bank, will reportedly be hauled in front of a British parliamentary committee to ex(...)

HSBC maintained, in full page adverts taken out in papers at the weekend,  that its Swiss banking operations had been “completely overhauled”. Photograph: Harold Cunningham/Getty

Have you ever asked your window cleaner for a receipt? Me neither. Nor, it appears, has the shadow chancellor Ed Balls, at least not in the past 17 ye(...)

The Labour Party was jubilant last night after the Conservative Party’s former treasurer and a leading party donor admitted he had set up family trust(...)

“No government minister had any knowledge that HSBC may have been involved in wrongdoing in regard to its Swiss banking arm prior to the reports of the last couple of days”

The UK government insisted yesterday that ministers did not know the full facts about the HSBC tax scandal until this week, in a collective closing (...)

The Bank of England, which said the system it uses to transfer payments between commercial banks was affected by a technical outage. Photograph: Anthony Devlin/PA Wire

October is a scary month for financial markets. The Wall Street panic of 1907, the 1929 crash that ushered in the Great Depression, and Black Monda(...)

Euan Sutherland: said one or more directors were “determined to undermine me personally” as Co-operative Group chief executive. Photograph: Reuters/Luke MacGregor

Euan Sutherland’s brief reign at the Co-operative Group has been little short of a disaster for the 170-year-old mutual organisation. Br(...)

Antony Jenkins, chief executive officer of Barclays. Photograph: Chris Ratcliffe/Bloomberg

Attempts by Barclays chief executive Antony Jenkins to clean up his bank’s image faced a serious setback yesterday amid criticism of (...)

A resumption of dividend payments would make the bank’s shares more attractive to investors and help to smooth government efforts to sell its remaining 33 per cent stake. Photograph:   Peter Macdiarmid

Lloyds Banking Group dashed investors’ hopes of receiving a dividend for 2013 after it took a further £1.8 billion ($3 billion) mis-selling charge tha(...)

As yet another investigation is launched into the plight of the Co-operative Bank, a new round of the blame game was played out in Westminster yesterday. Photograph: Bloomberg

They are known as the “boomerang generation” – because they keep coming back home. Latest government statistics show a record 3.35 million 20-34 year (...)

The disgrace of Paul Flowers (63), who was filmed handing over £300, allegedly to pay for cocaine and crystal meth, is a personal tragedy for the Methodist minister

He has been dubbed the “crystal Methodist” by the tabloids but there’s precious little to laugh at in the sordid story of the former Co-operative Bank(...)