Sexism in the City: London investment and insurance firms still struggling with gender pay gap, MPs told November 15, 2023 The financial sector continues to struggle with a gender pay gap and lack of female representation at senior levels, trade body representatives have told MPs
Regulators call out big banks for ‘suddenly closing or suspending’ charity accounts November 15, 2023 Charities are being unfairly "debanked", according to regulators, who have called on high street lenders to improve their "substandard" services for the sector.
Lloyd’s of London on edge of ‘long-term’ deal to stay in HQ until 2041 November 15, 2023 Lloyd's of London is edging on a deal to remain in its One Lime Street headquarters for 10 years longer than its original lease agreement.
UBS boss says bank is in ‘second phase’ of Credit Suisse merger that will ‘not change anything’ November 15, 2023 Ermotti is set to announce a strategy for the merged banks in February but is battling high costs as he winds down Credit Suisse’s unprofitable businesses while fully integrating its key Swiss banking unit.
Should firms be worried about Nigel Farage’s hope for a ‘debanking’ class action? November 15, 2023 Complaints about bank account closures have surged this year, according to the latest figures from the Financial Ombudsman.
Deutsche Bank appoints company veteran to head UK and Ireland following Numis deal November 14, 2023 Deutsche Bank has chosen long-serving Vathany Vijayaratna to become chief executive of its UK and Ireland division effective immediately, subject to regulatory approval.
Wise sees 280 per cent boost in profit from high interest rates November 14, 2023 Wise has reported a 280 per cent increase in profit as high interest rates continue to boost the foreign exchange fintech's income.
Europe’s £10bn cum-ex tax scandal set to rumble Square Mile after key ruling November 13, 2023 Banks and investors in the Square Mile are set to be hit with more claims over Europe's biggest ever tax scam following a key ruling last week.
Brits urge government to do more on overseas territory tax havens as diplomats to meet with MPs November 13, 2023 Nearly three-quarters of Britons think the government should do more to tackle economic crime in the country's overseas territories, according to a survey, as diplomats prepare to meet with MPs in London this week.
Former Hambro Perks CEO makes comeback with new firm November 13, 2023 The new business marks the first significant move by Perks since he abruptly stepped down from Hambro Perks in April.