HSBC misses Apple Pay UK launch

HSBC has said its customers will not be able to use the new Apple Pay system as it launches on Tuesday in the UK.

FCA's £819m in fines revenue gives Osborne room to fund worthy causes

The Financial Conduct Authority has imposed more than £800m of fines on banks and other companies in the first half of this year – giving the chancellor the opportunity to make eye-catching allocations to worthy causes in this week’s budget.

Record fines for currency market fix

Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for charges including manipulating the foreign exchange market.

Barclays to allow payments with Twitter

Barclays will become the first British bank to allow people to make payments to each other and small businesses using just their Twitter handle.

UK high street banks prepare to reveal bonuses

High street banks are being urged to show restraint on pay as they prepare to declare the size of their bonus pots for 2014, at a time when the sector faces fresh scrutiny over its conduct.

Barclays rolls out face-to-face video banking

Barclays is to offer a “video banking” service that allows customers to have a “face-to-face” conversation with an adviser via their smartphone, tablet or computer, wherever they are in the world, whatever the time of day.

Barclays may face massive new penalty over currency rigging

Barclays could face a huge new penalty for rigging currency markets after pulling out at the 11th hour from the settlement talks that led to £2.6bn of fines being slapped on six other big players in the currency markets.

Virgin America shares soar on IPO as airline industry shakes off turbulence

Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared as much as 28% in their market debut, underscoring the buoyant mood in an industry that is emerging from a long spell of turbulence.

RBS reserves £400m for currency probe

Royal Bank of Scotland has set aside £400m to cover potential costs from an investigation into alleged manipulation of the foreign exchange market.

Barclays fined £38m for putting clients' assets 'at risk'

Barclays has been fined a record £38m by the City regulator for failing to keep its clients' assets separate from its own.

Barclays to move 2.3m Isa savers

Barclays will shift 2.3 million savers on to a new Isa product with two-thirds of them getting a worse interest rate.

Barclays defends itself against US allegations over 'dark pool' trading

Barclays is mounting a vigorous defence against allegations that it defrauded its customers – accusations levelled by the US attorney general last month that sparked a fall in its share price and led to customers withdrawing their business.

Barclays shares fall 6.5% on fraud accusation

Shares in Barclays have fallen 6.52% after the New York attorney general filed a fraud lawsuit against the bank.

Barclays in $280m settlement with US regulators

Barclays agreed to a $280m (£167m) settlement with the US Federal Housing and Finance Authority (FHFA).

Barclays sells its United Arab Emirates retail business

Barclays has agreed to sell its retail banking arm in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB).

US regulator sues 16 banks for alleged Libor rigging

A US regulator has sued 16 banks for allegedly manipulating the London interbank offered rate (Libor).

John Lewis overtakes Marks & Spencer as darling of the high street

John Lewis has stolen the UK high street crown from Marks & Spencer after sales in Britain overtook the high street bellwether for the first time.

RBS pays out £588m in bonuses despite suffering £8.24bn loss

Royal Bank of Scotland has defended plans to pay £588m in staff bonuses despite suffering an £8.24bn loss in 2013 as it slumped into the red for the sixth successive year.

Barclays blasted over 'catastrophic' theft of thousands of customer files

Barclays is under scrutiny by regulators and could face a hefty fine after thousands of confidential files on customers were stolen in a data breach described as catastrophic by an adviser to the business secretary, Vince Cable.

Barclays considering closure of a quarter of its high street branches

Fresh fears of job cuts in the banking industry were raised on Tuesday night after it emerged Barclays could close a quarter of its high street branches in coming years.