Tim Wallace

(Contributor)

Tim Wallace is a former City A.M. reporter.

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Giant German lender Deutsche Bank last night said it is putting aside €1.5bn (£1.1bn) to pay for litigation costs incurred [...]

23 April
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Profits jumped 16 per cent at BNY Mellon in the first quarter, as the world’s largest custody bank benefited from increased [...]

23 April
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128

PROFITS fell at Lloyds’ private bank last year, its accounts showed yesterday, as the unit reshuffled its business structure.

23 April
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287

RISING incomes and flatlining prices are easing the squeeze on British households in the run up to the General Election, figures [...]

23 April
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Payday lender Wonga is planning to replace its toxic brand with a  new name and a range of products beyond its core payday lending [...]

22 April
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Wonga is likely to pick a dull name to deflect attention in future, brand consultants told City A.M.

22 April
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666

Wealthy British pensioners added £37bn to the economy in leisure and hospitality spending last year, according to research from [...]

22 April
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Everyman Media Group raised £20m in a share placing yesterday, announcing it had successfully tapped up investors for funds [...]

21 April
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No party is set to win a majority at the General Election next month, and analysts at investment bank UBS predict a minority [...]

21 April
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Payday borrowers could be left without credit, as lenders are forced to cut back business on delays to authorisation from the [...]

21 April
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229

A pair of peer-to-peer sites came together in a funding operation yesterday which underlines the growing clout of the alternative [...]

21 April
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589

Security group G4S has scrapped quarterly reporting of its financials, taking advantage of rules which came into force last year [...]

21 April
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195

CONSUMERS are enjoying a boom year as prices stay flat and wages rise, according to analysts at Deloitte who say it could be [...]

20 April
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905

Embattled Alliance Trust boss Kath­erine Garrett-Cox won the support of a series of business bosses over the weekend, as the [...]

20 April
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A big retail offering of Lloyds shares is on the cards.

20 April
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