Debbie Crosbie: will become the only female chief executive of a major British bank when she joins TSB in 2019.  Photograph:  TSB/PA Wire

Britain’s TSB Bank, a subsidiary of Spain’s Sabadell, has hired Debbie Crosbie as chief executive to lead the bank’s efforts to recover from an IT mel(...)

Outgoing TSB chief executive Paul Pester leaves the bank with £1.7 million made up of a year’s salary of £1.2 million plus a “historical” bonus of £480,000. Photograph: Andrew Winning/Reuters

In April, up to 1.9 million TSB customers were suddenly locked out of their accounts in one of the most catastrophic systems failures ever suffered by(...)

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(...)

 Standard Chartered: StanChart had warned last month that its 10-year record of earnings growth would likely end and to combat that slowdown, the bank said yesterday it would combine its wholesale and consumer banking units from April. Photograph: Jerome Favre/Bloomberg

Standard Chartered has named Mike Rees as deputy to chief executive Peter Sands, making the wholesale banking chief the new heir-apparent at the Asia-(...)

Stephen Hester who  is to step down as  chief executive of the Royal Bank of Scotland in December

Royal Bank of Scotland (RBS) will struggle to recruit a suitable replacement for ousted chief executive Stephen Hester (right), someone who must steer(...)

Royal Bank of Scotland (RBS) Chief Executive Stephen Hester  will step down  later this year. Photograph: Reuters

The chief executive of Royal Bank of Scotland is to step down at the end of the year as the British government prepares the ground to start selling it(...)