London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Nationwide customers to enjoy £385m account windfall after bumper year May 23, 2024 Nationwide plans to pay around £385m directly into customers' accounts as Britain's largest building society continues to enjoy bumper earnings on the back of higher interest rates.
Natwest share sale shelved as election brings government to a halt May 22, 2024 The much-talked-about Natwest share sale has been put on ice due to the election
Virgin Money shareholders approve £2.9bn Nationwide takeover despite analyst warnings May 22, 2024 Virgin Money shareholders have given the green light for the bank to be acquired by Nationwide for £2.9bn, paving the way for the UK's biggest banking merger since the financial crisis.
Jefferies and Investec poach top investment bankers from Citi May 22, 2024 Wall Street giant Jefferies and South African group Investec have poached two top investment bankers from rival Citigroup to bolster their UK operations.
Arbuthnot: Historic bank posts steady lending growth this year after bumper 2023 May 22, 2024 Arbuthnot Banking Group has reported steady loan and deposit growth in 2024 as it continues to benefit from higher interest rates.
Millions or billions? Citi fined £62m after trader gets mixed up May 22, 2024 The UK's banking and financial regulators have slapped Wall Street titan Citigroup with a £61.6m fine for trading systems and controls failures.
Close Brothers shares drop as motor finance arm deals with two FCA reviews May 22, 2024 Shares in merchant banking group Close Brothers fell as much as 6.6 per cent on Wednesday morning as its motor finance business faces compensation costs tied to two market-wide reviews from the Financial Conduct Authority (FCA).
Brits lost more than £1bn to fraudsters last year as purchase scams hit record high May 22, 2024 Brits lost more than £1bn to fraudsters last year, new figures show, as purchase scams surge to a new record and social media firms face tough questions over the high levels of fraud originating on their platforms.
Court of Appeal denies Tom Hayes’ Supreme Court bid, but certified points leaves the door open to apply directly May 21, 2024 Former Libor trader Tom Hayes application to take his case to the highest court in the UK was refused by the Court of Appeal
Payments regulator slams Visa and Mastercard for merchant fee hikes but forgoes price caps May 21, 2024 The UK payments regulator has found "little evidence" that fee hikes by Visa and Mastercard on retailers have majorly improved the quality of service, adding that the card giants do not face effective competition.