Finance

Andrea Gacki has served as director of FinCEN since 2023. She’s the second top anti-money laundering regulator in the last five years to leave and join Citibank.

A former Goldman Sachs senior officer has been awarded £1.45 million for sex discrimination and unfair dismissal after he was ‌fired while on parental leave.

Motorists in the UK are warned petrol prices are likely to hit 160p per litre from Friday, a new record since the start of the Iran war.

Ireland’s National Asset Management Agency (Nama) is set to be formally dissolved with immediate effect, the government has announced.

Santander could be hit with legal action after attempts to force its new TSB workforce into the office three days a week.

Draft legislation published by HMRC last week introduces an explicit obligation on taxpayers to take ’reasonable action’ to correct errors once they are identified.

Barclays has highlighted “opportunities” to profit from a devastating food crisis that could leave more than 100 million people hungry.

Asked whether the finance industry has enough safeguards in place to remain stable if an AI bubble unravels, Schindler said: “I do hope so.”

The number of millionaires in the UK has fallen to the lowest level since the financial crisis, according to new analysis.

Thailand’s SEC filed a criminal complaint against crypto exchange Bitkub and two ex-directors for concealing a $53 million theft of customer assets in their 2021 financial reports.

The Bank of England is expected to keep interest rates unchanged again next week, despite fresh uncertainty in the Middle East.

Dragons’ Den star Tej Lalvani has agreed to sell his family’s vitamins empire to a US private equity giant in a deal worth around £1bn.

The UK Government is committed to making sure pensioners whose only income is their pension will not pay income tax, the Treasury has said.

UK borrowing costs soared yesterday amid a global bond market rout sparked by a surge in the oil price back above $100.

British Gas owner Centrica has said it will cut 1,300 jobs over the next two years as part of its ongoing turnaround efforts.

A US-based crypto mining venture raised about $22 million from more than 380 investors, then spent just 13 cents of every dollar on its purported mining operation, the SEC alleges.

Dozens of the UK’s richest people are already preparing to leave the UK amid fears that Andy Burnham could introduce widespread changes to the tax system, LBC has been warned.

Martin Lewis has issued his first message to Britain’s new chancellor, offering his help to tackle the “many outstanding consumer issues” facing the UK economy.

Britain’s biggest defence companies have seen a £4bn boost to their value since the surprise appointment of John Healey as chancellor.

A travel firm has gone bust after 28 years of trading, with all holidays cancelled and customers scrambling to get their money back.

British Steel has been taken into public ownership in what the government said was a bid to "protect UK steelmaking".

Anyone who has ever owned cryptocurrency is being urged to review their tax records ahead of new reporting rules coming into force next year.

Electric vehicle (EV) owners will be taxed for driving abroad under Labour’s pay-per-mile plan.

Wealthy Britons are preparing to leave the country if Ed Miliband becomes chancellor and launches a new tax raid on the rich, The Telegraph can reveal.