Healey warns banks that UK faces ‘challenging’ fiscal picture but stays tight-lipped on tax

Chancellor refuses to give executives from banks including Barclays, HSBC and NatWest any guidance on whether they will face Budget tax increases

Palmer Luckey’s Erebor surges to more than $7bn in deposits since launch

Start-up bank for technology industry seeks to fill the void left by the collapse of Silicon Valley Bank

Billionaire Newhouse family rules out Condé Nast sale

Steven Newhouse says publishing dynasty will not give up magazines including Vogue, The New Yorker and Vanity Fair

France’s BPCE buys ‘friendly’ stake in Spain’s Sabadell

7% acquisition bolsters Spanish bank a year after hostile approach from domestic rival BBVA collapsed

AI models used in bank cyber attacks, warns South Korea’s president

Lee Jae Myung highlights public anxiety over what one official calls a ‘completely new kind of crisis’