The City of London was supposed to have been set free by Britain’s departure from the EU. That’s not how it’s turning out. / In a reversal of the roles they've been used to playing, Britain is demanding the EU toughen up rules, worried about the threat of another financial crisis.

Morgan Stanley has been accused of making up a fake job title for one of its employees in an attempt to trick EU regulators into believing it had moved top execs to Europe to meet post-Brexit rules.

MPs have branded a post-Brexit shake-up aimed at boosting growth in the financial sector a "damp squib". / The Treasury Committee said since the "Edinburgh Reforms" package was set out, there has been little progress.

The man who speaks for the City knows the bankers can’t do without Europe.

The cap on bankers' bonuses is being removed as part of a post-Brexit shake-up of UK financial rules, it has been confirmed.

Bankers’ bonuses are currently capped at 100 per cent of their annual salary, or double that with shareholder approval.

Wealth managers seeking new bases from which to serve European clients have landed on Luxembourg, with the Grand Duchy seen as a natural successor to London.

Brussels’ former Brexit chief urges collaboration on shared challenges and reflects on tumultuous talks.

Anti-Brexit campaigner Gina Miller was told a bank account for her political party would close without explanation.

At least 10 banks, building societies and credit card firms have now decided to close accounts held by Brits living abroad in Europe as a result of Brexit, MoneySavingExpert.com has found – with Nationwide and Co-op Bank among the latest to announce closures. We've full info below on what banks are doing, plus help on what to do if you're affected.

The success of Paris in luring banks from London after Brexit has exceeded expectations and is increasingly reflected in France’s balance of payments, the central bank said.

The shift of banking activities to Paris from London after Brexit is starting to have a measurable impact on France’s trade in financial services, and the dynamic is likely accelerate, according to the country’s central bank.

The banks pay huge amounts of tax. If they lose business, then Britain’s economy will suffer.

The ECB has met with banks in recent weeks, who have now been told which staff need to move over the next few years to meet new Brexit rules.

Barclays PLC is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.

Barclays Plc expects to increase its headcount in Paris by about two thirds in the next two to three years, as the French capital increasingly becomes the main trading hub in continental Europe for global lenders after Brexit.

The financier and former Tory donor says leaving the EU was a plan by the rich to make themselves richer and the poor poorer.

Citigroup Inc. is preparing to shift more business into the European Union on the back of fresh guidance from regulators this week, a top banker in the region said.

The men behind Trussonomics and Brexit, the two great man-made catastrophes of recent years, are to be honoured for their ‘great work’.

The last week of upheaval in the banking world is proof of the importance of a competitive landscape; we must do more to ensure a level playing field for smaller banking players, writes Karen Bradley.

A whole host of issues arising from the UK's departure from EU are still unsolved after the latest Budget, City commentators note. / Issues ranging from the future of the government's rulebook and the banker bonus cap to London's status as a listings venue and a regulatory deal with the EU were not referenced in Hunt's 15 May speech, City leaders have noted.

Trade body Make UK adds to pressure on Rishi Sunak as it calls for reset of relationships with Europe. / Business leaders say frayed relations with the EU are costing the British economy, as suppliers in the bloc grow more cautious about doing business with post-Brexit Britain.

New banking regulations could increase the cost of small business lending by around a third and “fundamentally change” the market as debate around the implementation of international banking rules in the UK intensifies.

Senior Italian government officials say that the economic and social turbulence in Britain that has followed the withdrawal from the EU has been eye-opening, writes Kim Sengupta.

A POST-BREXIT “bonfire of banking rules” planned by the UK Government risks driving up food and energy prices even further, campaigners have warned.