Exclusive interview with the ‘Edward Snowden of banking’
For the first time the IT expert who took details of tens of thousands of client accounts from Britain’s largest bank tells his full story.
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For the first time the IT expert who took details of tens of thousands of client accounts from Britain’s largest bank tells his full story.
Thousands of financial details were stolen from HSBC 4 years ago, leading to a major investigation into tax evasion and money laundering. The whistleblower gives, for the first time, his full story.
Archbishop of Canterbury Justin Welby tells Channel 4 News banks remain “too big to fail”, Prince George could become a Buddhist if he wanted, and the Daily Mail was “out of order” on Ralph Miliband.
Outgoing Bank of England Governor Sir Mervyn King’s insistence that banks shore up their balance sheets met with widespread resistance – but Barclays is leading the way.
A money transfer system allowing UK families to send cash back home is under threat after Barclays said it wouldn’t do business with transfer firms. Jamal Osman reports on the problem facing Somalia.
As Sir Mervyn King prepares to step down as Bank of England chief, his continued insistence that the UK’s major banks still need to recapitalise is deeply worrying.
Britain’s largest mutual bank pulls out of a deal to buy 600 Lloyds bank branches, leaving the high street to the big four banks. But does it signal the end of the ethical banking revolution?
With banks making profits out of money they don’t have, the Banking Commission is demanding more powers to sort the industry out, as the banking reform bill gets its second reading.
The former boss of HBOS tells MPs incompetence was as much to blame as the financial crisis for the collapse of his bank and admits he is deeply sorry. But he keeps his knighthood.
Thousands of UBS employees in London are fearing the worst after the Swiss bank announced one of the biggest jobs culls since the 2008 financial crisis.
The fate of British bankers is in the hands of 10 people tasked with reforming a culture of recklessness and crime. Meet the banking standards commission, who will tame the masters of the universe.
Scores of Halifax and Lloyds TSB customers have their cards rejected and been left unable to use some ATMs across the country.
Ed Miliband has threatened to forcibly break up big banks if voted into power, but faces signs of unrest from the unions that brought him Labour leadership.
Major strides are taken to tackle eurozone debt, with plans for a banking union and German approval of a permanent bailout fund to rescue ailing countries.
Current account customers are being charged up to £900 a year for being overdrawn without permission, which “shatters the myth” of free banking.