HSBC left itself open to criminal charges, says Lord Macdonald

HSBC left itself open to criminal charges in the UK over its Swiss tax-dodging scandal, ex-director of public prosecutions Lord Ken Macdonald says.

Barclays stock hit by £5.8bn cash call to plug shortfall

Barclays will issue £5.8bn in new shares as part of a move to plug a £12.8bn capital shortfall created by new regulatory demands.

Mortgage rates set for fall, Bank of England survey shows

Mortgage rates are about to drop “significantly” over the next three months, a Bank of England survey discovered, offering an extra boost to the housing market in the wake of government measures unveiled in the Budget.

Davos 2013: Carney says next two years decisive for banks

The incoming governor of the Bank of England has said the next two years will be "decisive" for bank reform.

Bank of England panel divided on future stimulus

LONDON (AP) — The likelihood that the Bank of England might approve more economic stimulus next month decreased on Wednesday as minutes from the latest policy meeting showed the rate-setters disagreed on the program's effectiveness and official figures showed the unemployment rate has dropped.

Osborne to advertise for Bank of England governor

George Osborne is poised to advertise for a new Bank of England governor in the autumn to replace Sir Mervyn King.

Libor scandal: Bank of England refused to take responsbility for regulating Libor

The Bank of England has been accused of refusing to lead the reform of the discredited Libor system after failing to act on warnings more than four years ago over interest rates rigging by the banks.