HBOS, which owned Halifax, was eventually taken over by Lloyds Photograph: Reuters

As many as 10 former HBOS executives could be banned from working in the UK financial services industry, following recommendations to re-open investig(...)

The change in gross domestic product of crisis-hit countries is now almost universally positive, but GDP remains far below what might have been expected from pre-crisis trends. Photograph: Getty Images

The US and Europe still live with the legacies of the financial crisis of 2007-09 and the subsequent euro-zone crisis. Could better policies have prev(...)

 Tony Hayward: “I’m 58 years old and I want a slightly less full-on life.” Photograph: Reuters

Five years after being forced out of BP in the wake of the Deepwater Horizon disaster, Tony Hayward is still causing controversy – and he still wants (...)

JPMorgan Chase and Co., which has racked up more than $36 billion in legal bills since the financial crisis, is rolling out a program to identify rogue employees before they go astray. (Photograph: Mike Segar/Reuters)

Wall Street traders are already threatened by computers that can do their jobs faster and cheaper. Now the humans of finance have something else to w(...)

Florence Crowley claimed under a policy for serious illness cover taken out with Zurich in 2002. Zurich said  in order to be paid for coronary catheter treatment, his surgery had to involve a procedure to correct at least 50 per cent diameter narrowing of two coronary arteries. Because he underwent surgery to correct narrowing of one artery only, he was not entitled to serious illness benefit, it said. File photograph: Getty Images

A High Court judge has issued a “heartfelt plea” to an insurance company to reconsider the plight of a man who was refused payment under his serious i(...)

Shibuya Crossing in Tokyo. Demand deficiency syndrome has afflicted Japan since the early 1990s and the US, euro zone and UK since 2008 at the latest. Photograph: Getty Images/Flickr RM

The principal high-income economies – the US, the euro zone, Japan and the UK – have been suffering from “chronic demand deficiency syndrome”. More(...)

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(...)

Taxpayers may end up footing the bill for third-party claims related to the collapse of Setanta Insurance.The Maltese-registered insurer went into liq(...)

Hard Rock Hotel Ibiza: the recently opened live music venue and hotel concept is a possibility for the Citywest convention centre

The epic saga that is the receivership of the Citywest complex in west Dublin has had more twists than a bag of snakes. Here is another: Hard Rock, th(...)

AIB swallowed about €22 billion of taxpayers money to keep it afloat.

AIB’s new chairman-designate, the British banker Richard Pym, is a most interesting appointment to oversee the board of what was once the country’s to(...)