Consumer group names TSB, Co-op Bank and Monzo as worst major banks for mobile app security April 24, 2024 The group reviewed the apps and websites of Britain's 13 largest current account providers between January and February, with assistance from computer security experts.
Natwest shareholders approve proposal to buy back 15 per cent of shares from government April 23, 2024 Natwest shareholders have approved the bank's proposal to buy more of its stock from the government to accelerate its privatisation, potentially leaving the Treasury with fewer shares to offer retail investors.
Revolut plans advertising partnerships as it seeks new revenue streams April 23, 2024 Revolut is planning to monetise customer data through advertising partnerships as the firm looks to diversify revenue streams on its path to more sustainable profitability.
Goldman Sachs flies top London banker to Paris in latest post-Brexit relocation April 23, 2024 Goldman Sachs has relocated one of its top European investment bankers from London to Paris as part of a shake-up in the group's regional structure following Brexit.
Tom Hayes: Leaked documents cast doubt on Libor appeal decision April 22, 2024 After a court dismissed ex-bankers Tom Hayes and Carlo Palombo appeals last month, a new leaked document on the definition of Libor cast doubts on the ruling
Allica Bank: Fintech darling reports first annual profit as loan book swells to £2bn April 22, 2024 Allica Bank has reported its first annual profit since launching in 2020, with its revenue more than doubling on the back of bumper lending growth, a surge in deposits and a boost from higher interest rates.
London-listed JTC buys First Republic trust administration unit in JP Morgan carve out April 22, 2024 London-listed firm JTC has struck a deal to acquire one of First Republic's trust administration arms from JPMorgan Chase for $21m.
Meet the fund managers: Lessons from 40 years in the investment industry April 22, 2024 In Morning Wire's weekly series, Elliot Gulliver-Needham sits down with David Coombs, head of multi-asset investments at Rathbones.
Business ‘debanking’ complaints nearly double in a year as MPs warn of ‘unfair’ account closures April 22, 2024 The number of official complaints over business "debanking" has almost doubled in the last year, new figures show, as MPs accuse lenders of "unfairly" closing customers' accounts.
Banks, retailers and tech giants dominate big blue-chip results week April 21, 2024 A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.