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Banking

  • CAB Payments chair seeks to reassure investors after share dive

    October 29, 2023

    The chairwoman of CAB Payments has sought to reassure investors over the newly listed fintech firm's prospects after its shares plunged last week.

  • Alison Rose made ‘honest mistake’: Natwest-backed review into Farage scandal

    October 27, 2023

    An internal review into the conduct of former Natwest boss Dame Alison Rose has concluded the CEO made an "honest mistake" when she leaked confidential information about Nigel Farage's finances to the BBC.

  • FTSE 100 close: London slumps as Natwest shares crater after Rose review

    October 27, 2023

    London’s FTSE 100 closed the week down almost one per cent, while Natwest’s shares plummeted on the outcome of its review into former boss Dame Alison Rose. The capital’s premier bluechip index ended the day well in the red, after showing signs of being steady throughout most of Friday. By midday it was up around [...]

  • Natwest: Inconsistent Farage report will only make things worse for Rose and the bank

    October 27, 2023

    Natwest hoped the Travers Smith report would see the bank move on from the Alison Rose Nigel Farage scandal. It might have made things worse, says editor Andy Silvester

  • Natwest shares sink: Vital profitability indicator slips but interim boss hails ‘strong bank’

    October 27, 2023

    Natwest saw net interest margin fall below 3 per cent but profitability remains good across the year

  • Who is Morgan Stanley’s new CEO Ted Pick?

    October 26, 2023

    Here’s what you need to know about Morgan Stanley's new CEO Ted Pick and what he faces in his new role.

  • Morgan Stanley: Ted Pick wins race to replace long-time chief James Gorman at Wall Street bank

    October 26, 2023

    Morgan Stanley’s Ted Pick won the race to succeed long-time CEO James Gorman and promised to stick to the blue chip Wall Street firm’s strategy as it navigates a deal-making slump and uncertain economic outlook. The investment bank said Gorman, who has held the top job since 2010 and steered the bank in the aftermath of the [...]

  • Standard Chartered share price dives as slowing Chinese economy and real estate crisis drag on performance

    October 26, 2023

    China's growing real estate crisis ensured that Standard Chartered performed worse than expected in the third quarter.

  • How can we make a success of change management in our ever – changing world?

    October 26, 2023

    Our world is being continually reshaped by shifting economic realities, rapid technological advances, evolving customer expectations and the transition to more sustainable business models. So, it is clear that if we are to drive greater creativity and innovation within our organisations, we need to be highly effective at embracing, managing, and exploiting the force of [...]

  • Former bookie Mark Blandford launches new lending project targeting UK SMEs

    October 26, 2023

    Mark Blandford, founder of online gambling firm Sportingbet, has launched a new venture targeting small and medium sized businesses in the UK, City A.M. can reveal.

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