Last updated: May 22, 2018

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TSB boss says sorry for banking chaos

Customers remain locked out of their accounts and are unable to make payments as chaos continues. BBC News – Business

Lloyds Banking Group to close 49 branches

About 1,200 jobs are affected by the closures, but the bank says staff will be redeployed where possible. BBC News – Business

Germany seeks clarity on risk reduction for banking union

The European Commission late last year offered a watered-down plan to decrease risks in the banking sector in a bid to break years of stalemate over the plan Business RSS

China to step up banking oversight in ‘arduous’ fight on financial risks

BEIJING (Reuters) – China will step up oversight in the banking sector this year to reduce financial risks, the country’s banking regulator said, stressing that long-term efforts would be needed

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