UK fintech job vacancies surge as investors flock back to London June 17, 2024 London is driving a surge in UK fintech recruitment this year, data shared exclusively with City PM shows, as start-ups push for rapid growth and enjoy green shoots in investment after a rough couple of years.
TSB shifts Square Mile hub as staff defy work from home expectations June 16, 2024 The controversial work-from-home trend, catalysed by the Covid-19 lockdowns, has drawn criticism by some business leaders and politicians.
Zopa Bank targets current accounts and SME lending as London listing beckons June 15, 2024 Zopa Bank is set on stepping up its challenge to the likes of Starling, Monzo and Revolut, while expanding its suite of products ahead of a hotly-anticipated stock market float.
Barclays suspends sponsorship of Latitude, Isle of Wight and Download festivals after Israel protests June 14, 2024 Barclays has suspended its sponsorship of all Live Nation festivals for 2024 after artists pulled out in protest against the bank providing financial services to defence firms supplying Israel.
Barclays ordered to review exposure to private equity June 14, 2024 The UK's main banking regulator has reportedly instructed Barclays to review its leveraged finance unit amid growing concern over how lenders are measuring their exposure to private equity.
CAB Payments confirms new boss less than a year after disastrous London float June 14, 2024 CAB Payments has confirmed that veteran banker Neeraj Kapur has taken over as its new chief executive.
Nationwide urges members to back tripling of chief’s maximum bonus June 14, 2024 Nationwide is urging members to vote in favour of tripling of its boss' maximum long-term bonus as the building society looks to bring her remuneration opportunity more in line with its high street rivals.
Bankers fired for ‘simulating’ being at their keyboards June 14, 2024 Wall Street bank Wells Fargo has fired more than a dozen employees for allegedly faking being at their keyboards, as financial firms crack down on non-compliance among hybrid workers.
Lloyds to reopen new City headquarters this year as it cuts office space June 13, 2024 Lloyds Banking Group plans to move thousands of workers back into a refurbished City base later this year as it focuses on reducing office space.
Virgin Money warns of margin and cost pressures as Nationwide merger looms June 13, 2024 Virgin Money has posted a rise in profit but warned of margin pressure and limited cost savings, as it gears up for a mega-merger with Nationwide.
