19 h. ago Former Fed governor's stock trades violated the central bank's ethics rules

A former Federal Reserve governor who retired in August listed several stock trades in her financial disclosure documents for 2024 that violated the central bank’s ethics rules

Politics

54 h. ago MP visits TSB Livingston branch to find out how bank is supporting vulnerable customers

The visit, hosted by Andrew McIntyre, Head of Government Affairs at TSB, focused on the bank’s work to promote financial security, protect customers, and provide safe and inclusive spaces for local people.

Economics

3 d. ago Vote in our Independent Money poll: Has the upcoming Budget changed how you manage your money?

Each week, we invite readers to share their views on the financial stories making headlines – and impacting your bank balance

Politics

3 d. ago It would be financial suicide to levy a £30 billion windfall tax on banks

Our banks would have to consider severely curtail lending if the Lib Dem suggestion is ever implemented

Economics

3 d. ago Homeowner repossessions up 51% in a year but figures ‘below long

While home repossessions have increased, the number of mortgages in arrears has fallen, according to the figures from UK Finance.

Politics

5 d. ago Consumers cut spending waiting for punishing Budget measures to hit them in pocket

FOUR in ten Brits are adjusting their finances in anticipation of the Budget, new polling shows. Findings show around a third of people in this group are making cutbacks to reduce spending and another third are building up a savings cushion. It comes as Rachel Reeves has indicated that she will break her manifesto pledge...

Economics

5 d. ago Lloyds used data from 30,000 staff accounts in union pay talks

Bank’s customer insights team compared financial resilience of lowest-paid staff to customers as part of salary negotiations

Economics

8 d. ago The unsettling message for investors from the financial cycle

The next bailout is likely to involve inflationary financing of fiscal deficits by central banks

Economics

9 d. ago Meet the 32 investment bankers to make MD at Goldman Sachs in Emea

Meet the 32 investment bankers to make MD at Goldman Sachs in Emea  Financial News London

Economics

1 week ago Vote in our Independent Money poll: Does your main savings account match the Bank of England’s interest rate?

Each week, we invite readers to share their views on the financial stories making headlines – and impacting your bank balance

Economics

1 week ago US sanctions bankers it says launder cybercrime money to pay for North Korea’s nuclear weapons

Washington accuses Pyongyang of using a network of bankers, financial institutions and shell companies to launder money gained through IT worker fraud, cryptocurrency heist and sanctions evasion

Events

1 week ago US sanctions bankers accused of laundering money to fund North Korea’s nukes

A network of bankers, financial institutions and shell companies are accused of diverting more than US$3 billion

Economics

1 week ago UBS chair warns of ‘looming systemic risk’ from private credit ratings

Colm Kelleher says insurers are shopping for ratings as banks did before 2008 financial crisis

Events

1 week ago HSBC UK offers mortgage lending at up to 6.5 times incomes for Premier customers

The bank said the new limit reflects its confidence in the financial resilience of its Premier customer base and a commitment to responsible lending.

Economics

2 w. ago Amazon reports strongest cloud growth since 2022 after major outage

Amazon Web Services (AWS) sees 20% increase in revenue year over year, topping Wall Street estimatesAmazon has made its first financial disclosures since the disastrous outage suffered by its cloud computing division that brought everything from smart beds to banks offline.In spite of the global outage, Amazon Web Services has continued to grow, and this quarter reported a 20% increase in revenue year over year. Wall Street estimated that AWS would bring in $32.42bn in net sales in the third quarter, with the company reporting actual revenue of $33bn. Continue reading...

Politics

2 w. ago Vote in our Independent Money poll: What would encourage you to invest in stocks and shares?

Each week, we invite readers to share their views on the financial stories making headlines – and impacting your bank balance

Politics

2 w. ago Microsoft outage live updates: Users report Azure, Starbucks app, Xbox and airport website down as recovery underway

‘We are working to address an issue affecting Azure Front Door,’ Microsoft said in a statement

Society

2 w. ago Microsoft outage live updates: Users report outages with Azure as Starbucks app, Xbox and airport website go dark

‘We are working to address an issue affecting Azure Front Door,’ Microsoft said in a statement

Society

2 w. ago Microsoft outage live updates: Users report outages with Azure and Amazon Web Services leaving services unusable

Azure says it’s rolling out technical fixes which will finish deploying within the hour and users of the Microsoft cloud will soon be seeing the effects

Politics

2 w. ago AWS outage live updates: Users report outages with Microsoft and Amazon Web Services leaving internet unusable

The reports of an outage, which Amazon disputes, come after an AWS issue caused major websites to malfunction just over a week ago

Politics