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Banking

  • Natwest shares soar as lender lifts performance forecasts 

    October 25, 2024

    Shares in Natwest has soared today after the group's third quarter profit grew by 26 per cent, as the lender reported solid growth driven by its lending

  • Bullying and harassment cases rise at City firms, FCA finds

    October 25, 2024

    There has been a sharp rise in non-financial misconduct at firms, according to a survey by the City regulator, but strikingly, the data revealed these companies took no action in more than half of investigations.

  • Collapsed Sentinel Broadcast hits Lloyds Bank with commercial fraud lawsuit

    October 24, 2024

    Liquidators of broadcasting equipment company Sentinel Broadcast have launched legal action against Lloyds Bank, the latest legal battle in the fallout of the company

  • UK banking complaints nearly double amid credit card and motor finance woes

    October 24, 2024

    Official UK banking complaints almost doubled in the first half of 2024 as consumers hit out against firms' handling of credit cards and motor finance.

  • Pensionbee maintains positive earnings as fintech raises cash for US growth

    October 24, 2024

    PensionBee sustained positive adjusted earnings last quarter while the online retirement savings provider raised £20m for US expansion.

  • Barclays shares hit nine-year high as investment bank helps profit beat forecasts

    October 24, 2024

    Barclays' shares have hit their highest level in nine years after a rebound in investment banking helped its profit beat expectations for the third quarter.

  • London widens lead over New York in green finance rankings

    October 24, 2024

    London has kept its title as the world’s top centre for green finance for a third year, according to an influential think tank, as New York fell further down the rankings.

  • Moneybox: Fintech’s valuation surges after reporting profit

    October 23, 2024

    Moneybox has secured a £550m valuation ahead of a secondary share sale, after the savings and investment platform moved into annual profitability.

  • Lloyds finance chief calls for ‘pro-growth’ Budget amid fears of bank tax raid

    October 23, 2024

    Lloyds Banking Group’s finance chief has suggested tax rises on UK banks could hinder lending and investment as the sector braces for a possible raid in the government’s maiden Budget next week. Speaking after Lloyds’ third quarter results this morning, William Chalmers said banks are already among Britain’s biggest taxpayers and the FTSE 100 group [...]

  • Lloyds Bank: Lender beats profit estimates as consumers prove resilient

    October 23, 2024

    Lloyds Banking Group has beaten profit estimates as the lender set aside less than expected for souring loans and saw improved consumer confidence.

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