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David Cameron “repeatedly pushed” the Bank of England and the Treasury to “risk up to £20bn in taxpayer cash to help Greensill Capital”, The Guardian reports.

The Financial Times says China’s central bank has asked lenders to rein in credit supply, following concerns that a surge of lending to help the country recover from the coronavirus pandemic could cause financial instability.

The banks Nomura and Credit Suisse have warned of large losses after a fire sale of more than $20bn (£14.5bn) of Chinese and US stocks as their client Archegos Capital Management was forced into a...

The Sunday Times claims that a “scandal-hit banker” enriched himself through a loans scheme after then-PM David Cameron gave him special access to Whitehall departments and agencies.

The Financial Times reports that Europe’s top banking regulator has asked the continent’s lenders for details of their exposure to stricken Greensill Capital and its key client GFG Alliance.

Chancellor Rishi Sunak will offer individual grants of up to £18,000 as part of a £5bn rescue scheme to prevent bankruptcies, The Observer reports.

The Financial Times says companies have raised $400bn (£291bn) in the first three weeks of 2021, as stimulus packages from governments and central banks “cascade across capital markets”.

The Financial Times reports that investment banks across the world generated a record $124.5bn (£92.2bn) in fees this year as companies raced to raise money in order to survive the coronavirus pandemic.

Nearly 40% of nurses have been forced to go without meals or use food banks due to low pay, according to the Metro. Niaomi Gordon, a 32-year-old nurse who has suffered with long-COVID, spoke to the...

The Financial Times says three of the world’s top central bankers have predicted the breakthrough on a coronavirus vaccine would lift the uncertainty weighing on the global economy.

‘Banks act to stifle home loan boom’ is the headline on the Financial Times, referring to attempts to ease the rush of buyers taking advantage of the stamp duty holiday.

And executives at technology group SoftBank have revived talks about taking it private, according to the Financial Times. There are reportedly frustrations over the drop in SoftBank’s $115bn (£89.86bn) equity valuation compared with the value...

The Financial Times leads with comments from the governor of the Bank of England, Andrew Bailey, who says there is still plenty of financial firepower left to fight the impact of COVID-19.

The Financial Times reports that Santander slumped to an €11.1bn loss in this year’s second quarter – the first loss in the Spanish bank’s 163-year history – in the wake of the coronavirus pandemic.

The Financial Times reports on the fallout from the coronavirus pandemic in the European finance sector, saying banks are preparing to allocate £23bn to cover loan losses.

The Financial Times reports that a top civil servant had warned the government against investing $500m (£392m) in a bankrupt satellite operator – but Downing Street pushed ahead still. 

The Times leads on comments from the Bank of England’s chief economist, who says the UK economy has bounced back faster than expected, with the coronavirus recession likely to be half as bad as the...

The Financial Times reports that investment banking fees rocketed to a record $57bn in the first six months of the year, boosted by a series of lucrative debt sales during the coronavirus crisis.