FCA CEO's £5.4m pay gap sparks controversy
Nikhil Rathi, CEO of the Financial Conduct Authority, faces backlash as his salary exceeds the average UK CEO pay by £5.4 million, sparking debates on financial fairness.
Nikhil Rathi, CEO of the Financial Conduct Authority, faces backlash as his salary exceeds the average UK CEO pay by £5.4 million, sparking debates on financial fairness.
Nikhil Rathi, CEO of the Financial Conduct Authority, has come under fire for accepting a £120,000 bonus while the financial watchdog faces criticism over its handling of key regulatory issues.
The UK government has completed the sale of its remaining stake in NatWest, marking the bank's full return to private ownership after years of state control. Here's what investors need to know.
A leading UK bank is offering customers £200 just for switching their current account. Find out how to claim this limited-time cash bonus.
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RecommendedDiscover the top travel perks offered by Amex and Chase credit cards, and find out which one suits your lifestyle best. Compare rewards, benefits, and exclusive offers.
Bank of America sparks controversy after firing a long-serving employee who earned a PhD in 'Happiness Studies' while on medical leave.
Money-saving expert Martin Lewis has issued a stark warning to UK bank account holders about potential financial pitfalls and how to avoid them.
Macquarie Bank's AGM saw heated debates as shareholders expressed frustration over soaring executive pay packages amid stagnant returns.
Former trader Tom Hayes' role in the Libor scandal and his ongoing legal battle to clear his name. Discover the twists and turns of one of banking's biggest controversies.
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RecommendedLabour's proposed banking deregulation has drawn sharp criticism, with experts warning it could lead to a repeat of the 2008 financial crisis. Goldman Sachs and other major banks are under scrutiny.
A recent survey reveals widespread dissatisfaction with UK banking hubs, as customers face ongoing problems accessing essential services.
Money-saving expert Martin Lewis reveals how more than a million people could be owed up to £3,000 in tax rebates – but time is running out to claim.
Thousands of Brits may be owed hundreds in compensation due to mis-sold financial products. Find out if you qualify for a payout.
Kenny Rogers, a former UBS and Citigroup banker, faces allegations of defrauding ex-Brexit Secretary David Davis of £1.5m in a high-profile financial scandal.
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RecommendedFormer Brexit Secretary David Davis is embroiled in a legal showdown with the UK Supreme Court over allegations tied to banking giants UBS and Barclays.
A 43-year-old millionaire banker has died following a bizarre accident at a high-end wellness resort, leaving the financial world in shock.
Goldman Sachs is relocating key operations from London to the EU following Brexit, signalling a broader trend of financial sector migration and its impact on the UK economy.
Two former City traders have had their convictions for rigging key financial rates quashed by the Court of Appeal, marking a dramatic turn in a long-running legal saga.
Tom Hayes, the ex-UBS and Citigroup trader, has had his conviction for Libor manipulation overturned in a major legal reversal.
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RecommendedWith the rise of digital banking, ATMs across the UK are disappearing at an alarming rate. What does this mean for cash users and local communities?
HSBC has been hit with a £6.2 million fine by the Financial Conduct Authority for failing to protect customer deposits adequately. The bank's errors affected over 99% of eligible accounts.
The UK Supreme Court has delivered a decisive ruling in favour of Barclays and UBS, overturning a previous Court of Appeal decision that could have exposed banks to billions in compensation claims.
NatWest has revealed a significant update affecting benefit claimants, aiming to simplify banking processes. Here's how it impacts you.
Tech entrepreneur Mike Lynch must pay HP £700m after a UK court ruled against him in the high-profile Autonomy fraud case. The verdict marks a pivotal moment in one of Britain's biggest corporate scandals.
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RecommendedThe Bank of England has issued a stark warning that cash machines and card payments could stop working in a major crisis, urging the public to keep some physical money as a backup.
Chancellor Rachel Reeves and Bank of England Governor Andrew Bailey are at odds over proposed banking regulations, sparking debate on financial stability and economic growth.
A senior Wells Fargo executive was reportedly prevented from departing Beijing, highlighting escalating US-China tensions over financial regulations.
The Financial Conduct Authority has issued a stark warning to banks and insurers, demanding immediate improvements in how they treat vulnerable customers and handle complaints.
The Bank of England and Financial Conduct Authority introduce stricter regulations to safeguard consumers and enhance financial stability.
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RecommendedBarclays has announced new fees for certain banking services, affecting millions of customers. Find out how these changes could impact your finances.