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The Latest Breaking News on Financial Services

Metro Bank risks backlash over £60m bonus scheme for chief executive

Shareholder advisory firms concerned long-term reward plan could pay out to bosses regardless of performance

The Guardian - UK

BlackRock to order senior managers back to office five days a week – reports

New-York based asset management company about to issue new guidance, according to FT

The Guardian - UK

Check Your Mailbox: Wells Fargo Settlement Payments Have Begun

Wells Fargo settlement customers whose mortgages were placed in forbearance without their permission should keep an eye on the mail, as checks are going out.

Kiplinger

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Man charged with murder after stabbing at Lloyds branch in Derby

Haybe Cabdiraxmaan Nur charged over killing of ‘humble, quiet and kind guy’ Gurvinder Johal

The Guardian - UK

Man charged with murder after fatal stabbing inside city centre bank

Haybe Nur Cabdiraxmaan, 47, from Mickleover in Derby, has been charged with the murder of Gurvinder Singh Johal in Derby.

Evening Standard

Man charged with murder after fatal stabbing inside Lloyds bank

A second man in his 30s has been released without any further action

The Independent UK

Are Employment Lawyers Disclosing the Reputational Risks of Litigation to Their Clients?

From Monday's decision by Judge Woods in Hui v. Federal Reserve Bank of N.Y. (S.D.N.Y.): On April 30, 2025, Plaintiff… The post Are Employment Lawyers Disclosing the Reputational Risks of Litigation to Their Clients? appeared first on Reason.com.

Reason

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Credit Suisse to Pay $511 Million for Helping US Taxpayers in Hiding Money Offshore

Credit Suisse will pay $511 million for helping wealthy Americans hide $4 billion in offshore accounts.

International Business Times

UK ministers to meet bank bosses over lending to small businesses

Rachel Reeves concerned that lenders’ restrictions are holding back growth in the SME sector

The Guardian - UK

NatWest profits soar by 36% as full privatisation looms

Government stake reduced to less than 2% while bank’s profit of £1.8bn beats analyst forecasts by £200m

The Guardian - UK

Barclays to bar trans women from using its female bathrooms

Boss confirms policy change as businesses move to comply with recent supreme court ruling

The Guardian - UK

Barclays confirms trans women to be barred from using ladies’ toilets

Group chief executive CS Venkatakrishnan said the move follows the recent Supreme Court ruling that the term woman is defined by biological sex.

Evening Standard

HSBC sets aside more cash for bad loans amid Trump tariff war

UK-based bank warns that trade tensions will lead to lower investment, consumer spending and GDP growth

The Guardian - UK

UK banks brace for first-quarter reports after Trump tariff turmoil

Lenders expected to split into two camps: those focused on domestic customers and those with large operations in the US, China and the EU

The Guardian - UK

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The Independent UK

UK banks set to reassure households as tariffs ‘watershed’ moment for economy

Some of the country’s biggest high street lenders will publish their latest financial results next week.

The Independent UK

Bank employee claims she was just ‘borrowing’ money from customers when she took more than $240K from accounts: report

The total amount of money stolen is reportedly in excess of $241,900, according to investigators

The Independent UK

UK’s ‘green’ digital bank makes first profit as challengers boom

Tandem Bank, which launched in 2014, is among UK challenger banks to see earnings rocket over the past year.

The Independent UK

Millions switched current accounts last year as bank with most switchers revealed

March has been the busiest month of the year so far for changing providers, the Current Account Switch Service said.

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The Independent UK

Nearly one in four people ‘describe finances as uncomfortable’

Two-fifths of people expect their spending to increase in the next six months, TSB said.

The Guardian - UK

NatWest chair thanks UK taxpayers for bailout ahead of return to private ownership

Rick Haythornthwaite said bank was indebted to public for £46bn rescue package that kept it afloat in 2008

The Independent UK

NatWest vows not to forget ‘lessons’ on bankers’ bonuses

Chairman Rick Haythornthwaite said the bank had become a ‘simpler, safer, customer-focused bank’.

The Independent UK

NatWest ‘grateful’ to UK taxpayers as Government prepares to offload stake

NatWest’s chairman, Rick Haythornthwaite, said it would be a symbolic moment when the Government no longer has shares in the bank.

The Guardian - UK

Santander looks at splitting car finance from rest of UK division

Review follows fallout from commission scandal, which could cost bank up to £1.9bn in compensation

The Guardian - UK

NatWest investors to scrutinise pay in last AGM before full privatisation

UK government expected to sell remaining stake in bailed-out bank in coming weeks

The Independent UK

Third of 18 to 21-year-olds ‘worry about money every day’

Less than a third of young adults surveyed said they had learned about student loans at school, Santander UK said.

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