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Articles on UK banking

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Commonwealth Bank chief executive Ian Narev speaks at a press conference after the bank’s half year results announcement. Nikki Short/AAP

Explainer: what might upset Australia’s ‘rock solid’ banks

The Commonwealth Bank’s half year results suggest Australian banks are doing well despite the turbulence affecting banks internationally, however they may not be totally immune.
Labour reforms won’t cast much of a shadow in the City. Stefan Rousseau/PA Wire/Press Association Images

Labour talks tough on banking reform, but little will change

Given the scandals, bonus increases and plummeting lending to small and medium-sized British businesses, reform of the banking system is likely to be a hot topic in the run-up to the general election…
Yes I definitely do want a receipt for this transaction. Andrew Matthews/PA Wire

Banks fined £2bn but the elite continue to evade justice

Regulators in the UK and US are fining five high street banks for attempting to manipulate foreign exchange rates. Together they have been told to pay £2 billion in compensation following a year-long investigation…

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