Millions in precarious jobs are betting scant savings on worthless stocks and cryptocurrencies via share-dealing apps The US economy’s K-shaped recovery is under way. Those with stable full-t...
Watering-down stock market rules might sound outrageous, but the success of these companies matters to the market Financial technology, or fintech, firms like to present themselves collectively...
Europe facing post-Covid finance squeeze as indebted businesses crash affecting economy Coronavirus – latest updates See all our coronavirus coverage Banks are loading up with loans that ar...
Court hears evidence from ex-director of sovereign wealth fund as bank sued for up to £1.5bn A former director who helped manage Abu Dhabi’s sovereign wealth fund in 2008 said it was a “fa...
Wall Street bank earmarks sum to cover credit cards and oil and gas sector losses JP Morgan, Wall Street’s biggest bank, has put aside $8.3bn (£6.6bn) to cover potential loan losses as it br...
https://www.theguardian.com/business/2020/apr/14/jp-morgan-sets-aside-83bn-to-cover-covid-19-losses
Leveraged loans are ringing alarm bells for regulators who fear a repeat of 2008’s mortgage disaster When an expert in financial risk at one of the world’s most powerful private equity outf...
https://www.theguardian.com/business/2019/jan/12/subprime-timebomb-back-companies-lighting-the-fuse
This week the bank’s chairman suggested a name change. What ii really needs to do is regain the trust of the British public Looking back, there are two extraordinary aspects to what’s happen...
https://www.theguardian.com/commentisfree/2018/oct/11/ten-years-rbs-toxic-brand
Our panel of writers considers what has changed – and what still needs to Ten years after its near-death experience, capitalism is back to its old ways. Continue reading...
Decline will soothe Bank of England fears about reckless lending while household incomes are being squeezed The UK’s consumer debt boom has eased back after growth in lending on credit cards ...
https://www.theguardian.com/business/2017/nov/29/uk-consumer-credit-growth-bank-of-england
The virtual currency’s success reflects the continuing lack of trust in traditional banking following the credit crunch When the boss of Wall Street’s biggest bank calls a bubble, the world...
https://www.theguardian.com/business/2017/sep/17/jamie-dimon-bitcoin-bubble-he-would-know-banking
DAVID MURRAY on debunking economic myths; LES BRIGHT on politicians with no answers; ED RUNHAM on Labour being unfairly blamed; ALAN CLEAVER on banks having learned nothing; and FRANK FIELD MP on...
https://www.theguardian.com/business/2017/aug/10/10-years-after-the-crash-alternatives-are-emerging
Attlee and Roosevelt built a fairer world off the back of economic catastrophe. We’ve failed at that today It’s not the time passing, it’s the opportunity for retrospection that kills you...
The banks have, to a certain extent, changed their ways: but cheap credit, low interest rates and mountains of debt are still with us Ten years ago this week, the global financial crisis starte...
As RBS remains in the red, in the third part of our series financial experts ask whether enough has been done to prevent a repeat of the global crash Ten years ago, Royal Bank of Scotland was b...
Bank of England governor predicts financial sector will thrive after Brexit but says there can be no return to the lax pre-2007 regime The governor of the Bank of England has predicted that the...
Speaking to the Guardian 10 years on from the crash, the Bank of England governor recalls how the crisis played out When the financial crisis started in August 2007, the reaction of many of the...
Key players in the drama recall the day that sparked the first UK bank run in 140 years and heralded a global financial crisis The ninth of August 2007 was the first day of Mervyn King’s holi...
https://www.theguardian.com/business/2017/aug/02/day-credit-crunch-began-10-years-on-world-changed
We want to hear from those who were affected by the 2007 financial crisis and how their situations have changed since then This year 9 August will mark ten years since the world experienced the ...
The richest in our society are not worth the rewards they give themselves. It’s because they have captured ideologically the political process that these absurdities continue This summer marks...
https://www.theguardian.com/commentisfree/2017/jul/16/the-guardian-view-on-the-1-all-gain-no-pain
Reforms are building a safer, simpler and fairer financial system, FSB chairman and Bank of England governor tells G20 leaders Fundamental reforms undertaken since the US sub-prime mortgage mar...