Osborne: Lloyds Bank sell-off done 'within the year'

Chancellor George Osborne has said he hopes the sale of the UK government's shares in Lloyds Banking Group will soon be completed.

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.

RBS fined £56m over 'unacceptable' computer failure

Royal Bank of Scotland (RBS) has been fined £56m by regulators after a 2012 software issue left millions of customers unable to access accounts.

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.

RBS cuts price for Citizens Bank sell-off in US

Royal Bank of Scotland has been forced to cut the price for the flotation of its Citizens Bank business after investors expressed doubts about the US bank’s potential profitability.

RBS will leave Scotland if voters back independence

Royal Bank of Scotland has drawn up plans to shift its head office from Scotland – where it has been based since 1727 – in the event that next week's referendum backs a break away from the rest of the UK.

HSBC awards 15 top bankers £7.1m in move to sidestep bonus rules

HSBC has given 15 of its top bankers “fixed pay allowance arrangements” worth £7.1m under a controversial new pay scheme designed to dodge tough new European Union rules on bankers’ bonuses.

RBS bosses 'wilfully obtuse' over alleged mistreatment of small firms, say MPs

Senior executives at the Royal Bank of Scotland have been accused of being “wilfully obtuse” in answering MPs questions about the alleged mis-treatment of the bank’s small business clients.

RBS cleared of forcing clients into insolvency to buy up assets

Royal Bank of Scotland has been cleared of deliberately engineering the collapse of some of its business customers, but has decided to sell off the £3.2bn commercial property portfolio at the centre of the row.

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).

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.

Royal Bank of Scotland set to report up to £8bn losses for 2013

Royal Bank of Scotland is on track to report up to £8bn in losses for 2013 after taking a fresh hit for conduct and mis-selling issues, forcing its top management to refuse any bonuses for the year.

Lloyds bank fined record £28m for 'serious failings'

Lloyds Banking Group has been fined £28m for "serious failings" in relation to bonus schemes for sales staff.

Corsair in lead to buy business bank from RBS

The Royal Bank of Scotland is very close to deciding to sell to Corsair the small business bank it has been forced by the European Commission to create and hive off.

UK has lost '40%' of its banks and building societies

Communities across the UK have lost more than 40% of their bank and building society branches since 1989, according to a new report.

RBS fined £5.6m for incorrectly reporting trades

Royal Bank of Scotland has been fined £5.6m for failing to properly report almost 45 million trades. The fine relates to the period between November 2007 and February 2013 when regulators found mistakes in more than a third of the bank's transactions.

Royal Bank of Scotland narrows proposals to buy 315 of its branches

Royal Bank of Scotland has narrowed a shortlist of prospective bidders for hundreds of branches it must sell, with JC Flowers and Apollo dropping out of the race, sources familiar with the matter said.

RBS prepares succession plan for Hester

Royal Bank of Scotland is grooming Nathan Bostock, the state-backed lender’s restructuring boss, for the top job as part of long-term plans to replace chief executive Stephen Hester.

Banks to pay for 'swap' mis-selling, FSA demands

Four banks will now compensate tens of thousands of small businesses who were mis-sold complex insurance deals, says the Financial Services Authority.

RBS still negotiating with FSA over Libor fine

Royal Bank of Scotland is continuing to negotiate with the Financial Services Authority over the scale of its penalty for attempting to rig Libor, amid speculation that Swiss bank UBS is close to agreeing a £1bn fine with global regulators.