Penalty stemmed from bank’s inability to correct problems that it had already been cited for in 2020
Implosion in 2021 sent shockwaves through US equity markets and cost Wall Street banks billions of dollars
Swiss bank issues alarming outlook for the wealthy in Britain, but the flight of ‘non-doms’ is only a small factor
Matthew Connolly had sought $150mn from the bank after his exoneration in rate-rigging case
Consultation by regulator finds 70% of participants favour reduction that would align with UK’s timing
Labour’s promises are not going to spur a private sector solution to Britain’s housing crisis
FTSE housebuilder poised to accept sweetened offer from rival
Insurer known for selling straight to customers will put flagship brand on platforms for first time
Investors face a wide-ranging estimate of losses on loans to Pluralsight after demand for its training videos fell
The numbers are tilted in favour of the Wall Street vultures stumping up capital
Elizabeth McCaul says rapid growth of lightly regulated lenders could translate into ‘systemic’ threat
Bank’s leaders and Swiss financial officials clashed over issues from capital requirements to chief executive’s pay
The Square Mile can power UK growth plans after the elections
High interest rates and hybrid working thwart efforts to kick-start dealmaking
Plus, lawyers try to make billions after nixing Elon Musk’s $56bn pay deal
Government money will be channelled through the UK Infrastructure Bank
Analysis reveals some schemes pay up to 14 times more for the same product than rivals
Stamping out ‘grey areas’ and loopholes will cut land values and boost construction, Vistry says
Singapore’s state-owned investor ‘not in a hurry’ to invest in artificial intelligence and warns of ‘hype’ in sector
Manager says it plans to capitalise on growing European demand for the products
Plus, the Melrose crew is back and Brookfield gets involved in short seller battleground
Private equity interest drove transactions above £3bn in the first half the year, according to Savills
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
In the US, entrepreneurs, donors and family foundations are backing initiatives to teach the basics of managing money
Closing arguments cap eight-week trial in which lawyers for former trader say government failed to prove its case
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