The Treasury denied on Tuesday it had approached Mark Carney to remain as Bank of England governor for an additional year

The Treasury denied on Tuesday it had approached Mark Carney to remain as Bank of England governor for an additional year until summer 2020 to delay a(...)

TSB bosses are set to face tough questions from an influential parliamentary committee in the UK this week as the lender’s internet banking meltdown e(...)

Philip Hammond with Minister for Finance Michael Noonan: The chancellor of the exchequer   has backed a mutually beneficial post-Brexit transitional deal. Photograph: Jasper Juinen/Bloomberg

Britain’s chancellor of the exchequer, Philip Hammond, has backed a transitional arrangement between the UK and the EU after Brexit in order to avoid (...)

 A man passes a Lloyds building in the City of London: bank boss Antonio Horta-Osorio’s trysts with a  mistress on a company trip to Singapore hit the headlines. Photograph:  Justin Tallis/AFP/Getty Images

Take a guess which story captured more attention in the City on Tuesday – the results of the latest investigation into the banking sector or the splas(...)

Mayor of London Boris Johnson leaves a cabinet meeting at 10 Downing Street on Tuesday. He had earlier rescinded a call for senior staff in his office to back the his call for Britain to leave the EU or remain silent. Photograph: Will Oliver/EPA

London mayor Boris Johnson has been accused of “rank hypocrisy” after his chief of staff told senior colleagues to back the mayor’s call for Britain t(...)

Bank of England governor said the bank is not making a judgment on the consequences of Britain’s referendum on its European Union membership. The ce(...)

HSBC chief executive Stuart Gulliver was hauled over the coals at a treasury committe meeting in Westminster. Photograph: Jerome Favre/Bloomberg

The rather belated interest being shown by the Public Accounts Committee (PAC) in HSBC’s Swiss banking operation is welcome. It is hard, however, not (...)

The SEC joins the CFTC and other US authorities including the Justice Department, Federal Reserve, Office of the Comptroller of the Currency and New York’s top banking regulator, in probing the matter. Photograph: Jonathan Ernst/Reuters

The US Securities and Exchange Commission is investigating whether currency traders at the world’s biggest banks distorted prices for options a(...)

The UK’s new “Help-to-Buy” programme will allow people to buy a home costing as much as £600,000 pounds (€709,000) with a deposit of as little as 5 per cent.

UK Chancellor of the Exchequer George Osborne began the second phase of his mortgage-boosting plan as concerns persist that it will fuel a property bu(...)