The names and dates of birth of a least 147 million Equifax customers were stolen in the hack, as well as 145.5 million social security numbers and 209,000 payment-card numbers and expiration dates. Photograph: Dado Ruvic/Reuters

Equifax will pay up to $700 million (€624 million) as part of a settlement with US authorities after a 2017 hack that exposed the personal data of clo(...)

US senator Elizabeth Warren is a fierce critic of President Donald Trump and on Monday took a big step towards a run for the presidency. Photograph: Reuters

US senator Elizabeth Warren on Monday became the most prominent Democrat to announce a challenge to the Republican president in 2020. The Senator has(...)

 Pedestrians walk by the New York Stock Exchange on September 15th, 2008, in New York City, US. File photograph: Spencer Platt/Getty Images

On Monday September 15th, 2008, Americans woke to the news that Lehman Brothers, one of the giants of US banking, was filing for bankruptcy. TV screen(...)

 Mick Mulvaney (on left) leaves the Consumer Financial Protection Bureau  building in Washington on Monday. Photograph: Carlos Barria/Reuters

The White House brought doughnuts and diktats to an extraordinary public struggle for control of a banking watchdog on Monday as President Donald Trum(...)

Mick Mulvaney was appointed by the White House as acting head of the Consumer Financial Protection Bureau, an agency he has described as a “sick joke”. Photograph: Al Drago/The New York Times

The White House is preparing for a legal battle for control of the top US consumer finance watchdog, with two rival acting heads expected to appear at(...)

As bank-bashing subsides - nine years after the collapse of Lehman Brothers - there may be a push to slow down or unwind rules designed to curb the financial world’s excesses

They were called public enemies. They were strung up in effigy during protests in London and New York. Their behaviour spurred an outcry that changed(...)

US president Donald Trump: his economic policies are all about empowering ethically challenged businesses to cheat and exploit the little guy. Photograph: Andrew Harrer/Pool/Getty

People keep saying that Donald Trump is a populist. I do not think that word means what they think it means. Okay, it’s true that the so-called presi(...)

Thousands of Wells Fargo employees  may have opened over two million  accounts without customers’ permission. Photograph: Robert Galbraith/Reuters

Wells Fargo has been hit by the US consumer finance watchdog’s largest fine to date after regulators found staff racing to meet sales targets secretly(...)

PayPal has paid $25m to settle a catalogue of complaints by the US consumer financial watchdog that it illegally steered consumers into its online credit product, PayPal Credit.

PayPal has paid $25 million (€22.4 million) to settle a series of complaints by the US consumer financial watchdog that it illegally steered consumers(...)

Senator Elizabeth Warren, a Democrat from Massachusetts, speaking at the National Press Club in Washington yesterday. Ms Warren says Wall Street recklessness caused the 2008 financial crisis Photograph: Bloomberg

Last year the vampires of finance bought themselves a Congress. I know it’s not nice to call them that, but I have my reasons which I’ll explain in a (...)

  • 1
  • 2
  • Next
  • Last »