Lawrence Tomlinson, an adviser to British business secretary Vince Cable, is convinced RBS has driven some of its own customers under so that the bank could take over their properties at knockdown prices. Photograph: Johnny Green/PA Wire

Royal Bank of Scotland has been referred to British financial regulators over allegations that it deliberately “forced vibrant businesses into financi(...)

The Barclays Bank eagle logo:  The lender has reduced assets by about £20 billion so far. Photograph: Alastair Grant

Barclays, Britain’s second-biggest bank, is preparing to step up its asset reduction target and said it’s being probed by regulators investigating the(...)

Moody’s Investors Service raised its outlook on the UK banking system to stable, citing improving profitability and lower impairments after lenders stepped up efforts to clean up balance sheets and raise capital ratios.  Photograph: Scott Eells/Bloomberg.

Moody’s Investors Service raised its outlook on the UK banking system to stable, citing improving profitability and lower impairments after lenders st(...)

Lloyds Banking Group has hired Central Bank deputy governor Matthew Elderfield as its director for conduct and compliance. Photo: Bloomberg

Lloyds Banking Group has hired Central Bank deputy governor Matthew Elderfield as its director for conduct and compliance. Mr Elderfield(...)

The British Parliamentary Commission on Banking Standards report said estimated impairments in Ireland between 2008 and 2011 totalled £10.9 billion,equivalent to 36 per cent of Halifax’s loan book at the end of 2008. Photograph: Brenda Fitzsimons

Bailed-out British lender HBOS was so badly run it would have failed even without the 2008 financial crisis and the regulator should consider b(...)

Bank of England governor Mervyn King at the opening of the Prudential Regulation Authority. Photograph: Lefteris Pitarakis/Reuters

RIP the FSA – and welcome the PRA, the FPC and the FCA. As if the City of London’s regulatory regime weren’t complicated enough, a new set of a(...)

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