Deloitte: UK Gen Z and Millennials delaying milestones and living ‘payslip to payslip’ May 13, 2026 British Gen Z and Millennials are delaying major life decisions as they live “payslip to payslip”, according to data shared exclusively with Morning Wire from Big Four giant Deloitte. The data, based on findings from 806 respondents as part of the firm’s annual Gen Z and Millennial Survey, revealed that around 40 per cent of [...]
Norwegian billionaire forced back to London in £285m Deutsche Bank dispute May 12, 2026 Norwegian billionaire Alexander Vik has been ordered to return to the City to be interrogated about his hidden assets during a 13-year-long legal dispute with Deutsche Bank. The bank first sued the business mogul’s company, Sebastian Holdings, in 2009 after the company suffered a series of losses on foreign exchange and equities trade deals during [...]
FCA struggles with rising whistleblower caseload May 8, 2026 The City has seen a jump in whistleblowing alongside a slowdown in the number of cases being closed in signs the UK’s financial watchdog is struggling to handle the caseload. The volume of whistleblowing reports rose by nearly 30 per cent in the UK in the first three months of the year to hit a [...]
Standard Chartered registers $190m charge on Iran war April 30, 2026 Standard Chartered’s impairment charges jumped in the first quarter as the bank set aside a hefty sum to cover volatility in the Middle East. The FTSE 100 giant booked $296m in credit impairment charges, with $190m of this coming from “precautionary management overlays” related to the war in Iran. The Asian-focused bank’s activity in the [...]
‘Wake-up call’ for UK financial firms as internal control failures drive £1bn fines April 24, 2026 UK financial services firms, which faced £1bn worth of fines since 2021 for internal control failings, should be “seriously concerned”, says the Chartered Institute of Internal Auditors (CIIA). More than half of the 97 Financial Conduct Authority (FCA) enforcement cases analysed by CIIA relate to firms “not getting the basics right”, with many linked [...]
Mayer Brown: Capital solutions are rewriting the rulebook April 23, 2026 Partner content, in association with international law firm Mayer Brown Historically, capital solutions were often associated with distressed situations or urgent deleveraging. Now, they are being rebranded as growth catalysts. According to Mark Evans, partner at international law firm Mayer Brown, businesses are increasingly relying on capital solutions not only to bolster corporate balance sheets but also [...]
Inside the fintech industry’s pensions gambit April 22, 2026 The fintech industry are on the offensive and in this week’s column Samuel Norman gives an insight into the sector’s lobbying calls for pension fund allocation. London has found itself brought to a halt this week. One may have thought the Tube strikes would bring Square Mile to a standstill, too. But the lack of [...]
Lady Mayor: It’s not right to pretend I’m no different to my male predecessors March 8, 2026 After debuting as London's first 'Lady Mayor', Susan Langley was inundated with emails telling her how she had inspired young girls.
Who is Kevin Warsh, the man expected to become the next Fed chair? January 30, 2026 US President Donald Trump has said he will name his pick for Federal Reserve chair on Friday, ending months of speculation over who will replace Jerome Powell at the head of the US central bank. Trump said on Thursday evening that he would confirm the name of his candidate “tomorrow morning”, somebody who “is very [...]
Bailey warns of ‘urgent need’ to improve resilience in non-bank finance January 28, 2026 The Governor of the Bank of England has warned of an “urgent need” to improve the resilience of the sprawling network of financial firms lending beyond the traditional banking sector. Andrew Bailey said that the financial sector was significantly more robust than it had been before the financial crisis, but warned that regulators still faced [...]