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Banking

  • JP Morgan: Labour election win would be ‘positive’ for markets

    June 10, 2024

    Wall Street giant JP Morgan is forecasting a "net positive" impact on markets if Labour wins the UK general election on 4 July.

  • Average mortgage ‘shelf-life’ cut in half as lenders raise rates

    June 10, 2024

    The average "shelf-life" of a UK mortgage has nearly halved in a month, new data shows, as lenders raise rates on home loans.

  • Barclays in Moorgate vandalised as three arrested in apparent Palestine protest

    June 10, 2024

    Three men have been arrested over the spraying of red paint on a Barclays branch in Moorgate, following several previous incidents linked to pro-Palestine activists.

  • Over £366bn ‘sitting in accounts earning one per cent or less’

    June 10, 2024

    More than £366 billion is languishing in UK current and savings accounts earning returns of 1% or less, according to analysis.

  • Inside UK banks’ arms race against fintech start-ups

    June 8, 2024

    The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.

  • Tandem Bank profitable for second year in a row as growth continues

    June 7, 2024

    Tandem Bank has reported a jump in earnings and customer numbers.

  • Natwest boss open to acquisitions as he predicts more consolidation in UK banking

    June 6, 2024

    The chief executive of Natwest has said the state-backed lender is open to acquisitions as he predicts more consolidation in the UK banking market over the coming years.

  • Sunak eyes UK honours for JPMorgan boss Jamie Dimon and ex-Google chair Eric Schmidt

    June 6, 2024

    Rishi Sunak has reportedly put forward long-serving JPMorgan Chase boss Jamie Dimon and ex-Google chair Eric Schmidt for UK honours ahead of the general election on 4 July.

  • ‘We wrestle on’: S&U blames regulatory pressure for ‘significant’ profit hit

    June 6, 2024

    S&U has said profit will come under pressure due to FCA changes in the near term.

  • Square Mile and Me – The Bank of London CEO Anthony Watson: It’s still revolutionary to be visibly gay in banking

    June 6, 2024

    Anthony Watson, CEO of The Bank of London, tells us why the City still has a long way to go to improve LGBT inclusivity.

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