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THU 15 OCTMorning1:38 PM

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BIZThe Guardian

US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account

Photo: Uma Sanghvi/AP

Move comes as Senator Elizabeth Warren condemns Barclays response to questions over ex-boss’s ties to sex offender US lawmakers have unveiled a new bill to hold Wall Street’s “Epstein-connected” bosses to account for helping finance the late sex offender’s crimes. It came as top Democratic senator Elizabeth Warren condemned the UK bank Barclays for “dodging responsibility” over its failure to vet former boss Jes Staley and his ties to the once well-connected billionaire.

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BIZBBC News

Banks say Healey is planning Budget tax raid on their profits

Senior banking executives have told the BBC they expect the sector to be "on the menu" when the chancellor announces his Budget in two weeks' time. John Healey has described the banks as part of "the crown jewels" of the UK economy, yet has refused to rule out a raid on the sector. The biggest four banks collectively made around £15bn profit in the first six months of this year, leading to calls from trade unions and others for additional taxes.

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