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CS Venkatakrishnan will next week deliver the UK bank’s first major strategic update since 2016

Moving the deck chairs around in reorganisation will not necessarily improve profitability

Banks expected to improve fixed-rate deals ahead of forecast Bank of England rate cut in August

Overall bonus pool at British lender down 3% after ‘lower financial outcomes’

Project Minerva also examined more radical options including raising capital for an acquisition

Plus, the UK’s Takeover Panel feels the dealmaking pain and an Austrian property mogul’s debts come back to bite

UK bank’s retail division also declined as benefits from higher interest rates wane

Investor interest in debt yielding about 9.6% comes after UBS received $36bn of demand last week

Students and staff are putting pressure on college bursars to find a greener bank