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Banking reform

July 2024

  • Fishing vessels damaged by Hurricane Beryl at the Bridgetown Fisheries in Barbados in July 2024.

    Opinion
    ‘Smarter money’ is the key that will unlock the promise of Africa and the Caribbean

    Kenneth Mohammed
    Regions’ vast potential is being blocked by the need for better investments, key partnerships and reforms to global finance

May 2024

  • Flying saucer sweets.

    Cost of cashless society on our rural community shop

    Letter: Most people don’t realise that a £10 payment on a credit card costs over 11p to process, says Ruth Anderson

April 2024

  • A person with a black umbrella walks past the Bank of England in the city of London

    UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures

    Bank of England executive says creeping sense of complacency and lack of data is putting lenders at risk
  • Hannah Dewhirst

    While we focus on Dominic West in a banned advert, the banks are short-changing us all

    Hannah Dewhirst
    The fuss over an outlawed commercial threatens to obscure the fact that the industry is reaping record profits for a poorer service, says Hannah Dewhirst, head of campaigns at Positive Money
  • A piggy bank and money

    ‘Outdated and misleading’: is it time to reassess the very concept of money?

    It’s regularly being created and destroyed – and economic models that don’t reflect that fact are not even slightly useful

January 2024

  • Keir Starmer and Rachel Reeves visit the London Stock Exchange in September.

    Labour has no intention of reinstating cap on bankers’ bonuses, says Reeves

    Shadow chancellor says party aims to be champion of a thriving financial sector if it wins election

October 2023

  • The Canary Wharf financial district seen behind social housing in Poplar, east London.

    The Guardian view on bankers’ bonuses: the sky’s the limit (again)

    Editorial: In the week that nearly 4 million Britons were reported to live in destitution, policymakers axed the cap on City pay. How’s that for a healthy society?

July 2023

  • Four high street bank logos - Lloyds, Barclays, HSBC and NatWest

    Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog

    FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

March 2023

  • FILE - A person from inside Silicon Valley Bank, middle rear, talks to people waiting outside of an entrance to Silicon Valley Bank in Santa Clara, Calif., Friday, March 10, 2023. While Wall Street struggles to contain the banking crisis after the swift demise of SVB — the nation's 16th largest bank and the biggest to fail since the 2008 financial meltdown — industry experts predict it could become even harder for people of color to secure funding or a financial home that supports their startups. (AP Photo/Jeff Chiu, File)

    Now the tide of money into the tech sector is ebbing, we can see who has no bathers on

    Maurizio Fiaschetti
    Following an increase in interest rates, new start ups, old tech companies and SVB are facing hard times, says banking lecturer Maurizio Fiaschetti

January 2023

  • Windfarm

    UK could face ‘banking crisis worse than 2008’ if City fails to prepare for fossil fuel collapse

    Report from climate activist groups says City is unprepared for potential collapse in value of fossil fuel assets

November 2022

  • Nils Pratley

    Nils Pratley on finance
    Bulb takeover saga sheds light on ‘disgraceful’ lack of transparency

    Nils Pratley
    Let’s hope E.ON, Centrica and Scottish Power’s judicial reviews succeed in forcing some openness

October 2022

  • Governor of the Bank of England, Andrew Bailey

    The Guardian view on central bankers: don’t put them in charge of the crisis

    Editorial: The UN is right to warn that governments risk a worldwide recession precipitated by excessive rate rises

September 2022

  • Kwasi Kwarteng

    Banks among biggest beneficiaries of Kwarteng’s mini-budget

    From scrapping the cap on bonuses to slashing red tape, the chancellor unveils a raft of policies he says will boost economic growth
  • Credit Suisse Group headquarters in Zurich

    Suisse secrets
    Credit Suisse has allowed the morally bankrupt to steal from the poor for too long

    How many exposés will it take for Switzerland and other countries to change their laws on banking secrecy, says Joseph Stiglitz, a Nobel laureate in economics
  • The headquarters of Credit Suisse in Zurich.

    Suisse secrets
    The Credit Suisse leaks expose an industry that has got away with too much for too long

    I won’t be holding my breath for government action or an UK inquiry into its actions – or into any other bank for that matter, says banking expert Prem Sikka
  • Credit Suisse controversies have involved, from left: Imelda Marcos, Sani Abacha and Kareem Serageldin.

    Suisse secrets
    Crooks, kleptocrats and crises: a timeline of Credit Suisse scandals

    A string of controversies have beset Switzerland’s second-largest lender, including Japanese ‘shredding party’ and US sub-prime fraud
  • cash mountain

    Suisse secrets
    Revealed: Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians

    Massive leak reveals Swiss bank’s accounts have been used by an array of high-risk clients over several decades
  • suisse-analysis From left: Axel Lehmann, António Horta-Osório, Thomas Gottstein

    Suisse secrets
    Credit Suisse leak raises painful questions for the bank

    Analysis: Bosses will have to prove their aversion to dubious wealthy clients if they are to regain trust of markets and regulators
  • Illustration

    Suisse secrets
    What is the Suisse secrets leak and why are we publishing it?

    Banking secrecy is an issue of global public interest that can have a profound impact on the world’s poorest

December 2021

  • London City skyline

    Javid and Osborne ‘lobbied to reduce mis-selling payouts to small business’

    Independent review finds City regulator changed compensation rules after pressure from UK banks
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