Firms work up a risk appetite as they expect rates to fall next year December 11, 2023 Board directors will take more risk and focus on potential acquisition opportunities next year thanks to an expected fall in interest rates and inflation.
From branch closures to ‘debanking’ – Which bank faces the highest number of complaints? December 10, 2023 The UK's high street lenders have faced a tsunami of complaints this year from concerns about branch closures to customer service. But which bank faces the most complaints?
Santander UK boss calls on Big Tech to reimburse fraud victims December 10, 2023 Santander UK chief executive Mike Reigner has called on social media giants, particularly Meta, to take more responsibility for reimbursing victims of fraud amid a boom in online scams.
Meet the UK’s Young Banker of the Year December 9, 2023 The winner, Nick Herd of Sainsbury's Bank, was presented with a £1,000 prize and an additional £1,000 for a charity of his choice.
Around 500 jobs at risk at Nationwide in head office shake-up December 8, 2023 Nationwide has said around 500 workers are at risk of redundancy as part of an overhaul of head office operations at the building society.
Labour no longer ‘sneering at business’ as it calls in City grandees December 8, 2023 The Labour party has said it is no longer “sneering at business” as it announced 10 new advisers for the City, including the chief of the London Stock Exchange and former chair of the Financial Conduct Authority.
‘Damp Squib’? Treasury hits back after Edinburgh Reforms slammed by MPs December 8, 2023 The Treasury has hit back at an assessment of its landmark Edinburgh Reforms for the City, which were today labelled a “damp squib” in a scathing attack by an influential group of MPs.
FCA: Banks could be forced to enshrine cash access as branch cuts press on December 7, 2023 Banks and building societies will be forced to ensure customers have access to cash amid fears that the shift to digital payments is shutting out swathes of the population, under new rules tabled by the Financial Conduct Authority (FCA) today.
Woodside and Santos in talks to form Australian oil giant December 7, 2023 Combining two of Australia's largest oil and gas producers would be the largest corporate deal in the country for several years
Investment banks search for any port in a storm amid City’s dealmaking slump December 7, 2023 A listings drop off has hurt smaller investment banks and brokers. Now they may be looking for deals and combinations of their own.