Santander announces plans for £4.7bn shareholder distribution following record results February 19, 2024 Santander announced that it will seek to pay out £4.7bn to shareholders just weeks after the bank unveiled record annual profits in 2023.
Lloyds set for uptick in annual profits as investors look for clues on motor finance probe February 17, 2024 Lloyds Banking Group is set to report an uptick in annual profits next week on the back of higher interest rates, with its cost control, impairments and exposure to an FCA motor finance probe in focus.
Former Goldman Sachs analyst given 22-month prison term for insider trading February 16, 2024 A former Goldman Sachs analyst who was found guilty of six counts of insider trading and three counts of fraud has been sentenced to 22 months in prison.
Paul Thwaite: Who is the veteran tasked with steadying Natwest after the Farage debanking scandal? February 16, 2024 Natwest has appointed Paul Thwaite as permanent chief executive after a tumultuous year. Who is the man tasked with steadying the ship?
Nigel Farage threatens Natwest with legal action unless it settles his compensation claim February 16, 2024 Nigel Farage threatens Natwest new CEO Paul Thwaite with legal action with an aim to make "sale of shares very difficult", unless the bank settles "an ongoing compensation claim with him"
Natwest confirms Paul Thwaite as new boss with £1.2m annual salary February 16, 2024 Paul Thwaite has been confirmed by Natwest's board to be the new group CEO, as he is set to take home a £1.1m pay package
Natwest notches highest profit since 2007 as bank feels interest rate boost February 16, 2024 The group said it had recorded an operating profit of £6.2bn for 2023, up 20 per cent on 2022's recorded figures.
Goldman Sachs: Former analyst guilty of insider trading and fraud February 15, 2024 A former Goldman Sachs analyst has been found guilty of six counts of insider trading and three counts of fraud following a London trial brought by the Financial Conduct Authority (FCA).
Close Brothers faces uncertain future as FCA motor finance probe sparks crisis February 15, 2024 Close Brothers shares collapsed on Thursday after it cancelled its dividend for the current financial year and announced that 2025 payouts would be placed under review amid a City watchdog probe into motor finance - a major part of its business model.
Barclays reportedly considering bid for Societe Generale’s UK private bank February 15, 2024 Barclays is reportedly weighing up a bid for Societe Generale’s UK private bank as part of efforts to diversify its business model.