The Latest Breaking News on Financial Services

NatWest apologises to millions of customers locked out of app

In latest IT outage to hit a UK bank, group is investigating problem caused by update to app late on Thursday

The Guardian - UK · Jun 6, 2025

Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture

The Independent UK · Jun 3, 2025

No End in Sight: JPMorgan Boss Jamie Dimon Clings to Power as He Keeps Successors Waiting

JPMorgan's Jamie Dimon isn't retiring anytime soon, leaving heirs waiting and shareholders cheering. Can he navigate the bank through economic turmoil?

International Business Times UK · Jun 3, 2025

Why was NatWest rescued in 2008 and what has changed for the bank in that time?

At its peak, the Government had an 84.4% shareholding in the group, and did not start selling shares until 2015.

Evening Standard · May 30, 2025

Government sells final shares in NatWest 17 years after £45bn bailout

Sale ends state ownership of the banking group, then known as Royal Bank of Scotland, after 2008 rescue

The Guardian - UK · May 30, 2025

African Development Bank elects top economist as president to face funding challenges

The African Development Bank Group has elected Mauritanian economist Sidi Ould Tah as its ninth president

The Independent UK · May 29, 2025

53 NatWest branches to close in 2025 – full list revealed

Dozens of NatWest bank branches have closed down over the last few years, with plenty more scheduled for 2025.

Evening Standard · May 29, 2025

Nationwide to hand out £100 each to 4 million people from next month - are you eligible?

Are you eligible for the building society’s latest hand out?

Evening Standard · May 29, 2025

Africa Elects Its Next 'Super Banker'

The race to become Africa's next "super banker" ends on Thursday, with five candidates, including one woman, vying to succeed Nigeria's Akinwumi Adesina as head of the African Development Bank in a contest that appears too close to call.

International Business Times · May 29, 2025

Starling’s profits drop 25% as bank takes blame for Covid loan losses

Our own weak controls led to £28m of losses through government’s bounce back loans, says chief executive

The Guardian - UK · May 28, 2025