Lord Adair Turner rejoins Oaknorth as digital bank mulls IPO December 24, 2023 Digital challenger bank Oaknorth has appointed former City watchdog boss Lord Adair Turner to be its chair as it mulls an IPO.
The ‘debanking’ saga: What happened and where do the banks stand now? December 24, 2023 UK banking rules are in the midst of a shake-up after a turbulent year which saw former Ukip leader Nigel Farage spark a crisis at one of Britain’s largest banks.
New laws ‘guarantee’ privacy for digital pound users amid Britcoin concerns December 22, 2023 The Treasury and Bank of England are attempting to smooth concerns over snooping on digital pound spending, with upcoming legislation set to protect user privacy.
Revolut finally publishes 2022 accounts but UK banking licence remains elusive December 22, 2023 The fintech company has filed its long-awaited accounts for 2022, but a UK banking lisence remains out of reach.
Royal Bank of Canada’s £8bn bid for HSBC approved December 22, 2023 The Canadian government has green-lit a $10.2bn (£8bn) bid by the Royal Bank of Canada (RBC) for HSBC's domestic unit, HSBC Canada.
Co-op Bank enters exclusive talks with Coventry Building Society December 21, 2023 The Co-op Bank has entered exclusive talks with Coventry Building Society which could pave the way for a merger in the months to come.
Barclays to stay at iconic Canary Wharf HQ until 2039 in boost for London banking district December 21, 2023 Canary Wharf Group said the bank had agreed a five year lease extension on its tower One Churchill Place.
Tony Dalwood: Why Gresham House is ditching the London Stock Exchange December 21, 2023 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, chief executive of Gresham House, Tony Dalwood, explains why he’s leaving the London Stock Exchange. Rugby, says former Saracens fullback Tony Dalwood, can teach you a thing or two about business. “Teamwork, leadership qualities – and you know how [...]
It’s Quiz-mas! How will you score in Deloitte’s big economics quiz of the year? December 20, 2023 The answers and a brief explanation of the factors at work are at the end of this note. Obviously, our readers won't be cheating....
Revolut reportedly set for £1.5bn in revenue on higher European interest rates December 20, 2023 Revolut is set to see revenue of more than £1.5bn in 2023, according to an investor presentation seen by Bloomberg, as the pan-European fintech receives a boost from higher interest rates.