andrew bailey attacks brussels over plans to cut city off from european banks 62058f98204a1

Andrew Bailey attacks Brussels over plans to cut City off from European banks

Andrew Bailey has warned Brussels against “seeking to fragment the international system” after commissioners vowed to cut off access to the City’s £80 trillion clearing market. The…

sorry corporate britain but im an older person not an idiot 620468bb7f2e3

Sorry, corporate Britain, but I’m an older person, not an idiot

Remember when you stood in a bank queue, knowing for certain that you would talk to a human being, at a real counter? OK, you might have…

inside the drugs and sexism storm at a city banking hub 6200738d12fc5

Inside the drugs and sexism storm at a City banking hub

A little-known regulatory unit just outside the Square Mile might not seem the most obvious organisation to be caught up in lurid claims of sexism and drug…

new boss set to overhaul open banking competition unit 61fb2e2455189

New boss set to overhaul open banking competition unit

A former Post Office executive has been brought in to overhaul Britain’s open banking competition unit in the wake of a bullying scandal.  Henk Van Hulle, a…

the lawyer who set up her own city firm and poached most of her old colleagues 61f88b3a3ba7f

The lawyer who set up her own City firm – and poached most of her old colleagues

From a PR point of view, the timing for Harrison’s London raid could hardly have been worse for Boies Schiller. But the plan is going ahead. Harrison…

big techs assault on the banking sector has totally failed 61f739b4e3788

Big Tech’s assault on the banking sector has totally failed

Finance was meant to be the next great frontier for big tech. They would use their data and expertise to take control of current accounts, investments, broking,…

the lawyer who set up her own city firm and poached most of her old colleagues 61f7390cb01c6

The lawyer who set up her own City firm – and poached most of her old colleagues

From a PR point of view, the timing for Harrison’s London raid could hardly have been worse for Boies Schiller. But the plan is going ahead. Harrison…

senior city lawyer keeps job despite calling asian colleague hu she 61f5e75085430

Senior City lawyer keeps job despite calling Asian colleague ‘Hu She’

A French bank in the City of London has become embroiled in an alleged racism scandal after a senior lawyer kept his job despite an investigation finding…

withdrawing less than 300 then head outside to the cashpoint banks tell customers 61ef50c2d822b

Withdrawing less than £300? Then head outside to the cashpoint, banks tell customers

Banks have been preventing customers from withdrawing less than £300 from inside branches and telling them to use cashpoints instead, it has emerged. A number of high…

hsbc adds pronouns to staff name badges 61edfe601f2ab

HSBC adds pronouns to staff name badges

HSBC has started putting pronouns on branch workers’ name badges as banks across Britain race to appear more inclusive. Branch staff can for the first time choose…

blackrock is not woke insists larry fink 61e7672c52c4c

BlackRock is not ‘woke’, insists Larry Fink

The chief executive of the world’s biggest money manager has denied claims his firm is “woke”, while warning that companies rolling back flexible working patterns after the…

antonio horta osorio could pocket 3 8m on way out of credit suisse 61e6155f6fe2a

Antonio Horta-Osorio could pocket £3.8m on way out of Credit Suisse

Sir Antonio Horta-Osorio is in line for a payout of up to £3.8m after stepping down as chairman of Credit Suisse over a trip to Wimbledon in…

collective amnesia greets bullying inquiry 61e4c4a1a37b8

‘Collective amnesia’ greets bullying inquiry

The expert called in by the competition regulator to root out a bullying scandal has condemned its handling of the investigation after she allegedly faced obstructive witnesses…

paul myners former telegraph journalist who helped gordon brown save britains banks dies aged 73 61e4c3e4ed037

Paul Myners, former Telegraph journalist who helped Gordon Brown save Britain’s banks, dies aged 73

After entering the House of Lords as a life peer in 2008 on the Labour benches, in 2014 he became a crossbench peer. In later years, he…

british backing for chinas global ambitions raises the alarm 61db899eca747

British backing for China’s global ambitions raises the alarm

In 2020 the AIIB’s funding commitments on the BRI and other projects totalled just under $10bn. Overall investments funnelled into the BRI were $47bn, according to the…

i face 17000 penalty from santander for moving loan to new home 61db50ec8c5fa

‘I face £17,000 penalty from Santander for moving loan to new home’

Sally says: I receive many complaints about the unexpected application of early repayment mortgage charges. This financial string is attached to fixed-rate loans because the lender loses…

ex lloyds banker loses white heterosexual male discrimination claim 61d8e672be77c

Ex-Lloyds banker loses ‘white heterosexual male’ discrimination claim

A former Lloyds Bank employee who claimed he was discriminated against for being a “white heterosexual male” has had his case thrown out by a judge.  The…

natwest computer flaws left bank exposed to money laundering risk 61d3a092a9520

NatWest computer flaws ‘left bank exposed to money laundering risk’

Faulty computer systems at NatWest mean the bank risked a number of clients evading its money laundering checks. The bank fears that multiple customers might have evaded…

bankers celebrate as takeover deals keep coming 61cfabf565756

Bankers celebrate as takeover deals keep coming

But the phone is still ringing. Blockbuster deals in December included a potential auction of high street pharmacy Boots by its American owners, putting the sale of…

chinese giant takes stake in monzo 61cfabce16daa

Chinese giant takes stake in Monzo

A Chinese technology giant has taken a stake in Monzo. Tencent Holdings, which has become a major investor in European tech companies in recent years, has snapped…

santander accidentally pays out 130m in christmas day blunder 61ce21f179ed5

Santander accidentally pays out £130m in Christmas Day blunder

Santander is racing to reclaim £130m after tens of thousands of customers woke up to a surprise bonus in their accounts on Christmas Day.  The bank is…

deloitte sued by former female employee over bullying and harassment claims 61cd08d69c793

Deloitte sued by former female employee over bullying and harassment claims

Deloitte has been sued by a former female employee who alleges a partner at the firm repeatedly slammed a door against her arm during an argument and…

how to keep your money safe in 2022 61ca2da7cc251

How to keep your money safe in 2022

Based on my past cases, here is my Consumer Champion’s checklist for keeping your money safer in 2022. 1) Be ‘scamdemic’ prepared My mailbag was bursting with…

my e gift card purchase was hampered by fortnums till 61c0f2e310138

‘My e-gift card purchase was hampered by Fortnum’s till’

Dear Sally, My husband’s parents gave me a £100 Fortnum & Mason e-gift card for my birthday. In November, I went to its Piccadilly store in London…

bankers in line of fire as watchdog cracks down on dirty cash 61bfda1e160a8

Bankers in line of fire as watchdog cracks down on dirty cash

Staff members in a Natwest branch on the outskirts of Birmingham were stunned when a customer walked in with £700,000 in a black bin liner. The cash…