Inflation is falling, but will that make a difference? May 28, 2024 The headline fall in price rises has been championed as good news by Rishi Sunak. But Brits may feel somewhat less cheerful.
Starling investor eyes £10bn valuation for bank as tech business takes off May 27, 2024 One of Starling Bank's top investors has said the digital lender could reach a valuation of nearly £10bn within the next few years on the back of fees from its recently launched tech business.
Why buy-now pay-later firms are still waiting for regulation three years on May 27, 2024 As officials from the Treasury and Financial Conduct Authority sat down with a buy-now pay-later (BNPL) boss to chat through their impending regulatory clampdown last year, frustration boiled over.
‘Constant deadlines, zero work-life balance’: Concern over 100-hour weeks after two deaths at Bank of America May 25, 2024 Working conditions for junior staff at some of the world’s largest investment banks have once again hit the headlines following two deaths this month at Bank of America.
Moscow: Court cancels seizure of JP Morgan funds in VTB dispute May 24, 2024 A Russian court has cancelled the seizure of part of JP Morgan's assets in an ongoing dispute with a Russian bank over sanctioned money
Coventry Building Society and Co-op Bank £780m tie-up confirmed May 24, 2024 The combined group will be led by David Thorburn as Chairman and Steve Hughes as Chief Executive Officer.
Vemi Money – Banking on an Ethical Future May 23, 2024 | Sponsored With consumers becoming ever more discerning about where they shop, eat and more broadly spend their money – the financial services sector is no more insulated from these trends than any other. Service providers in various industries have now long understood the need to show how their products and services align with their customers’ values [...]
British Cycling and Lloyds Bank announce long-term partnership May 23, 2024 British Cycling and Lloyds Bank have announced a long-term deal which will see the high street bellwether feature as a lead partner of the two-wheeled discipline. As part of the deal Lloyds will become the title sponsor of the Tour of Britain with their logo on the Great Britain Cycling Team. It is understood to [...]
HSBC fined £6.2m for unfairly treating customers in financial difficulty May 23, 2024 HSBC has been slapped with a £6.2m fine by the UK financial regulator over failures in its treatment of customers who were in arrears or experiencing financial difficulty.
Nationwide CEO: No plans for more big acquisitions after £2.9bn Virgin Money deal May 23, 2024 The chief executive of Nationwide has said the lender is not considering any more big-ticket acquisitions, with Britain's largest building society already busy enough finalising its £2.9bn takeover of Virgin Money.