Lord Myners, the businessman turned City minister, used the UBS scandal as the launch pad for a scathing attack on bankers in the House of Lords... more
British banks face no immediate downgrade following Sir John Vickers' proposals to ring-fence their retail arms and bolster their capital, Moody's said... more
The preoccupation this week will no doubt be Monday's publication of the Independent Commission on Banking's final report about how it thinks British banking should be restructured to make it safer and better suited to the needs and resources of the country.... more
Business and industry groups have argued that a weak domestic economy and turmoil in the eurozone mean that banks should not be burdened with extra regulation... more
Liberal Democrats have escalated their demands for sweeping changes to Britain's banking system which have been denounced as 'barking mad' by business chiefs... more
Business lobbies have stepped up their campaign against plans to force British banks to ringfence their retail operations from other parts of their business... more
Six of Britain's top building societies are given a major vote of confidence by credit ratings agency Moody's as it upgrades their status as standalone banks... more
MPs call on Sir John Vickers to provide much greater detail on how ring-fencing of banks will work and what it will mean for corporate governance when his Independent Commission on Banking publishes its final report in September... more
Britain's four most powerful bankers are given the chance to respond to sweeping changes proposed for their industry as they give evidence to a committee of MPs about a recent Government-commissioned review... more
Taxpayer-backed Lloyds Banking Group is expecting to face tough questions at its annual meeting over a multimillion-pound pay deal for its new chief executive... more
The Government did not do enough to punish taxpayer-backed banks when they failed to hit targets for lending to small businesses, according to MPs... more
UK banks should ring-fence their retail operations from their investment banking operations to ensure they can continue to operate in any financial crisis, the Independent Commission on Banking has said... more
Today's report by the Independent Commission on Banking seeks to draw a line under the wreckage of the 2008 banking crisis, with proposals designed to prevent another collapse... more
The pain keeps on coming for investors in CPP Group. Shares in the identity theft protection group plunged 20p to 130p today after the company warned that profits beyond next year would be hit by an investigation from the City watchdog... more
Three cheers for GlaxoSmithKline boss Andrew Witty, who says: "I don't buy that you can be this floating entity with no allegiance to anybody but the lowest tax rate." Well said, and say it again to Barclays, reportedly threatening to take its ball and "leave" the country... more
The Government offered to emasculate the Independent Commission on Banking as it tried to strike a deal on bank bonuses a few weeks ago. I am told it backed off only when Sir John Vickers, chairman of the inquiry, and his entire committee, Clare Spottiswoode, Martin Taylor, Bill Winters and Martin Wolf threatened to resig... more
British banks must not be broken up as a result of a government review on the sector since this could harm the UK's role at the helm of global finance, the CBI says... more
Almost £2 billion is wiped off the value of taxpayers' stakes in Royal Bank of Scotland and Lloyds Banking Group over investor worries that they might be broken up
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The men who run the taxpayers' stakes in Britain's bank face a grilling from MPs next week as the row over bonuses and a lack of lending continues to fuel public anger... more
As the world's statesmen gather in London to discuss whether to take military action in Somalia, the man plucked from Camden to be mayor of its capital tells us what he hopes the talks will achieve
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