Navinder Singh Sarao outside Westminster magistrates’ court, is accused of helping trigger a multibillion-dollar US stock market crash. Photograph: Dominic Lipinski/PA

Clad in a cheap, unbranded grey sweatshirt and matching tracksuit bottoms, Navinder Singh Sarao sat in silence in the dock of court number five at Wes(...)

Tony Pidgley: left home at the age of 15, barely able to read or write, bought a lorry and went into business for himself. Now Pidgley looks set to enter the City record books by sharing in one of the biggest- ever boardroom bonanzas – a bonus scheme by housebuilder Berkeley Group

Tony Pidgley’s life reads like a feel-good film script. Born to a single mother in Surrey in 1947, he ended up in a Barnardos home and at the age of f(...)

Co-op Bank’s chairman Dennis Holt on Tuesday apologised to customers for the bank’s failings and said it is a significantly stronger organisation today

The Co-operative Bank will not be fined for failings that helped push the bank to the brink of collapse before it was bailed out by bondholders, Brita(...)

Martin Wheatley: led the authority from its inception in April 2013. Photograph: Getty Images

Martin Wheatley, the chief executive of the UK financial regulator who led a post-crisis crackdown on errant banks, has resigned after being told by c(...)

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(...)

For chief executives and chairmen in the UK, a bonus could be clawed back for up to 10 years if misconduct is uncovered

Top bankers in Britain could have their bonuses clawed back a decade after they were awarded under proposals from regulators on Tuesday that would mak(...)

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(...)

The UBS AG company logo hangs above the entrance to the company’s Broadgate offices in London. UBS Group  will pay $545 million to settle US investigations into its role in manipulating currency and interest rates. Photograph: Bloomberg

They were known as the “Cartel” or the “Mafia” among their peers. The unsubtle nicknames were given to a group of traders who at one time worked for f(...)

Clydesdale Bank  has been fined £20.7 million by the Financial Conduct Authority in a record penalty relating to the bank’s “serious failings” in handling payment protection insurance (PPI) complaints.

Britain’s financial regulator has fined Clydesdale Bank a record £20.7 million for failings in how it handled insurance mis-selling claims, including (...)

Giving it back: credit card holders may be in line for compensation payouts of several hundred euro for having been incorrectly sold payment protection insurance

Not so long ago, consumers across the State were getting payouts of several hundred euro for having been incorrectly sold payment protection insurance(...)