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Commerzbank’s CEO and chairman quits as activist investor mounts pressure

Citi is hiring 100 coders every week during the pandemic — without meeting them 

Citi is adding about 2,500 coders to its investment bank this year

Banks demand clarity over Covid-19 relief, dealing with defaults

Banking leaders are urging the government to clarify its plans for the sector ahead of closure of the support measures, expected in October and November

Traders drunk at home in lockdown spark worry as pubs reopen

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More City workers are seeking help for stress-driven drinking, raising red flags as lockdown restrictions ease

Wells Fargo hires former Credit Suisse MD Niven as it launches European equity unit

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HSBC launches new fintech venture in China after Hong Kong fallout

The move comes amid criticism of the bank over its support of a controversial new law

Former WorldSpreads CEO fined and banned over market abuse

The misstatements amounted to £15.9m by 31 March 2011 - WSL was unable to meet this client money liability which ultimately led to its collapse

RBS chair tells BoE to scrap restrictions on dividends

Howard Davies said the 'banking sector is not investible' if it cannot pay out dividends to shareholders

Double the number of UK households struggle to pay bills, ONS says

Since the beginning of the pandemic, 11% of adults said it was difficult or very difficult to pay household bills

European stocks could be ready for a comeback

While the US appears to be struggling to keep the virus contained, Europe stands out for the progress it’s made

FCA suggests continued support for customers facing difficulties due to Covid-19

The regulator said that any extension to payment deferrals should not impact a customer's credit score

Jeffrey Epstein’s long-time associate Ghislaine Maxwell arrested on federal charges

The charges also raised questions about Epstein’s relationships with politicians and business leaders, including former President Clinton, President Trump, Britain’s Prince Andrew, Bill Gates, law professor Alan Dershowitz and Barclays Chief Executive Jes Staley

Credit Suisse funds under review financed Nissan, Kellogg – and a Mogadishu hotel owner

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Swiss bank says it is reviewing funds sponsored by SoftBank-backed Greensill Capital, which helps companies manage short term cash flow

Carlyle tech fund gets stake in Czech language translation software provider

Memsource’s management team, including founder and CEO David Canek, will remain as shareholders in the business

Here’s how Wirecard went from tech star to bankrupt

Prosecutors are probing whether the electronic-payments giant used fictitious revenue to inflate its sales and fool investors; a missing $2bn

Citi exec Ybarra warns virus-fuelled surge in banking to fade until 2022

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'We’re more or less tied to the economy. We will have to wait until 2022 to see growth again'

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