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Banking

  • Natwest boss open to acquisitions as he predicts more consolidation in UK banking

    June 6, 2024

    The chief executive of Natwest has said the state-backed lender is open to acquisitions as he predicts more consolidation in the UK banking market over the coming years.

  • Sunak eyes UK honours for JPMorgan boss Jamie Dimon and ex-Google chair Eric Schmidt

    June 6, 2024

    Rishi Sunak has reportedly put forward long-serving JPMorgan Chase boss Jamie Dimon and ex-Google chair Eric Schmidt for UK honours ahead of the general election on 4 July.

  • ‘We wrestle on’: S&U blames regulatory pressure for ‘significant’ profit hit

    June 6, 2024

    S&U has said profit will come under pressure due to FCA changes in the near term.

  • Square Mile and Me – The Bank of London CEO Anthony Watson: It’s still revolutionary to be visibly gay in banking

    June 6, 2024

    Anthony Watson, CEO of The Bank of London, tells us why the City still has a long way to go to improve LGBT inclusivity.

  • Monzo and Starling diverge on European expansion plans

    June 5, 2024

    The UK's two leading digital-only banks are diverging in their approach to international expansion as they target new markets ahead of expected stock market listings.

  • Paragon Banking: Buy-to-let specialist posts surge in profit and raises buyback

    June 5, 2024

    Paragon Banking Group, one of Britain's leading buy-to-let mortgage lenders, has reported a surge in profit and boosted its share buyback programme, despite a drop in home loan volumes as higher interest rates put off borrowers.

  • Cash is King: New banknotes of King Charles III enter circulation, but it may be a while before you see one

    June 5, 2024

    Banknotes carrying a portrait of King Charles III will be issued for the first time, but with a move towards a cashless society, it may be some time before you see the note in person

  • Barclays throws its weight behind fast-growing London wealthtech

    June 4, 2024

    London-based fintech WealthOS has raised £4m in an investment led by Barclays.

  • Wise among best fintech stocks in global top 25, broker says

    June 4, 2024

    Wise is among the best names in a group of top 25 global fintech stocks, according to a leading broker, as the money transfer firm is expected to post strong growth this year.

  • Standard Chartered accused of helping Iran-linked terrorist funders

    June 4, 2024

    Standard Chartered is alleged to have facilitated billions of dollars worth of transactions for Iran-linked entities, including funders of terrorist groups, according to fresh US court filings.

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