The Latest Breaking News on Financial Services

Barclays to pay up to £12.5m in compensation to customers hit by outages

There has been more than 33 days’ worth of unplanned tech and system outages in the last two years for nine of the UK’s biggest lenders.

Evening Standard · Mar 6, 2025

Barclays chair told FCA Staley ‘had no particular relationship’ with Epstein, court hears

Nigel Higgins said to have given assurances about CEO days after child sex offender Jeffrey Epstein’s death in 2019

The Guardian - UK · Mar 5, 2025

Police called after dozens of protesters descend on bank set for closure

Police were called after protesters descended on a town’s last bank to campaign against its planned closure ...

The National (Scotland) · Mar 4, 2025

Former Barclays chief Jes Staley heads to court to clear name from associations to Jeffrey Epstein

American banker had a relationship with the now-deceased Epstein while working at JPMorgan Chase

The Independent UK · Feb 28, 2025

Online banking problems prompt MPs’ concern amid UK branch closures

Thousands of Lloyds, Nationwide, Halifax, TSB, Bank of Scotland and First Direct customers affected on Friday

The Guardian - UK · Feb 28, 2025

Lloyds and Nationwide online banking down, leaving users locked out of accounts on payday: Live updates

Payday payments affected for second month in a row amid outages across high street

The Independent UK · Feb 28, 2025

Online banking issues hit customers on payday for second month in a row

Four banks have confirmed disruption for customers on Friday morning.

Evening Standard · Feb 28, 2025

JP Morgan CEO Jamie Dimon says that he regrets foul-mouthed rant about employees working from home

‘I’m not against work from home. I’m against where it doesn't work’ he said while justifying his in-office mandate

The Independent UK · Feb 26, 2025

'Can't work in the dark': ASIC calls out private market

Financial watchdog ASIC is concerned about a lack of transparency in the growing private equity and private credit markets, as well as a slowdown in IPOs.

AAP · Feb 25, 2025

Peter Dutton denies having access to sensitive information as Labor questions personal investments

Liberals decry government ‘dirt unit’ as Labor scrutiny leads to fiery clash during Senate estimates

The Guardian - AU · Feb 25, 2025