Nato and Europe must be ‘stronger,’ JP Morgan’s Dimon tells Davos January 21, 2026 The world’s most influential banker has said the world is “simply not safe” and called for a stronger Nato and Europe in a chilling warning to the economic elite at Davos. Speaking at the World Economic Forum, JP Morgan’s top boss Jamie Dimon said the eyes of the world “woke up” after Russia’s invasion of [...]
Bank bosses brace for interrogation in FTSE 100 lenders’ earnings season January 21, 2026 Britain’s banking heavyweights are gearing up to report full-year earnings with top bosses set to face the crunch on the progress of their overhaul strategies. Lloyds chief Charlie Nunn will be the first of the City’s top bankers to go under the microscope when the FTSE 100 giant releases its annual report on 29 January. [...]
Goldman Sachs leads Wall St boom amid trading frenzy and deal-making January 16, 2026 Wall Street giants were riding high following this week’s round of earnings updates after months market volatility and deal-making helped take trading revenue to record highs. Goldman Sachs led the surge pocketing $4.3bn in equities trading revenue in the last three months of the year – a record for Wall Street banks. Meanwhile, the banks [...]
Bankers and bots: City lenders to face scrutiny on AI ambitions January 15, 2026 Banks have been tipped as a big winner of AI integration but face a major test in selling their tech narrative to investors. As City lenders gear up to report their 2025 financials, shareholders will be looking past balance sheets for progress on digital ambitions. “This may be the year the market makes up its [...]
Prudential names HSBC veteran Douglas Flint as new chair January 14, 2026 Prudential has tapped the former chairman of banking juggernaut HSBC Douglas Flint as its new chair. The London-listed financial services giant said on Tuesday Flint would succeed retiring Shriti Vadera, who has been in the post since January 2021. Flint served as HSBC’s chair from 2010 to 2017, following a stint as group finance director [...]
Jamie Dimon warns markets are under-estimating global risks January 13, 2026 The boss of JP Morgan, Jamie Dimon, has warned global markets not to underestimate current risks, as the US banking giant hiked its provisions for bad loans. The world’s most influential banker said that whilst the US economy had remained “resilient” and consumer and business trends were “generally healthy,” ongoing risks persisted. “Markets seem to under-appreciate [...]
UBS scouting for new top boss with Sergio Ermotti to exit next year January 13, 2026 UBS Group is on the hunt for a new chief executive with the banking giant’s current top boss lined up for an exit next year. Sergio Ermotti, who has led the near-£112bn bank since he was rehired in 2023, is expected to depart in April 2027. The veteran financier had pledged to lead UBS “at [...]
Lloyds shares to offer best cash-back rate in Europe, analysts say January 9, 2026 Lloyds shareholders are set for a bumper few years as analysts predict the bank will continue to splash cash on dividends and buybacks. The bank has been tipped to move to a half-year buyback, in a move that will majorly ramp up the money it hands back to investors. In 2025, Lloyds beat out its [...]
Peers warn ‘passive’ Treasury not aware of private credit risks January 9, 2026 The Treasury is being too passive about the risks posed to the economy by the rapid growth of private credit in the UK, according to an influential group of peers who accused ministers of “handing out the donkey work” of overseeing the sector to regulators. In fresh report examining the systemic risk posed by private [...]
HSBC to cough up £230m over dividend tax-fraud claims January 8, 2026 European banking juggernaut HSBC is set to cough up nearly £230m to settle an investigation relating to tax-fraud claims. The FTSE 100 titan was accused of helping foreign investors evade taxes on dividends through a sophisticated financial manoeuvre known as ‘cum-cum’ trading. This relates to a series of transactions between 2014 and 2019, which were [...]
