Rathbones’ blunder boosts banks in the race for the UK’s rich

An internal review that found regulatory compliance shortcomings sent the stock down 17%

Germany’s financial watchdog removes three Berenberg bosses

BaFin’s move comes as country’s oldest lender reports possible breaches of corporate governance

EU set to remove barriers to banks’ cross-border capital flows

Draft report by European Commission aims to boost performance of lenders in bloc compared with US rivals

Bank of England plans to dilute capital rules for investment banks’ trading activities

UK regulator also publishes parameters of how it will stress-test private credit markets

Medallia’s collapse turns private credit into a private equity problem

Private lenders that once fancied themselves as ‘coupon clippers’ had better be prepared to run companies as equity owners