HSBC completes exit from French retail market as boss hails ‘positive start’ to 2024 January 2, 2024 "This represents an important milestone in our strategic vision for Europe," HSBC's chief executive Noel Quinn said.
‘Systemic shocks should be anticipated’: how will the financial system fare in 2024? January 2, 2024 Although interest rates are unlikely to go any higher, risks remain as borrowers will continue to roll off contracts agreed when interest rates were near zero.
UK banks’ costs in focus in 2024 as interest rates go from boon to burden January 1, 2024 UK banks' cost control will be a key focus in 2024 as the tailwind from high interest rates gives way to mounting margin pressure, analysts have told City PM
Seven things banks will be looking out for in 2024 December 31, 2023 A challenging year is in the offing for lenders – from regulatory reform to fraud crackdowns
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
The four fintech unicorns the UK created in 2024 December 27, 2023 At £14.58bn, total funding remains higher than in both 2019 and 2020, but far below levels seen over the last two years. Funding for UK tech hit a high of £32.48bn in 2021.
In memoriam: Two chancellors, Parky, Sir Bobby, business leaders and celebs we lost in 2023 December 26, 2023 As City PM looks ahead to the next 12 months, we reflect on those who have departed this year, and the impact they continue to have.
Lord Adair Turner rejoins Oaknorth as digital bank mulls IPO December 24, 2023 Digital challenger bank Oaknorth has appointed former City watchdog boss Lord Adair Turner to be its chair as it mulls an IPO.
The ‘debanking’ saga: What happened and where do the banks stand now? December 24, 2023 UK banking rules are in the midst of a shake-up after a turbulent year which saw former Ukip leader Nigel Farage spark a crisis at one of Britain’s largest banks.
New laws ‘guarantee’ privacy for digital pound users amid Britcoin concerns December 22, 2023 The Treasury and Bank of England are attempting to smooth concerns over snooping on digital pound spending, with upcoming legislation set to protect user privacy.
