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      Financial services to plough cash into UK defence in 2026

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Banking

  • Secure Trust Bank shrugs off economic headwinds as it recovers from 2023

    May 16, 2024

    Secure Trust Bank has reported swelling loan and deposit books as the lender aims to reach £4bn in net lending and grow its profits after a challenging 2023.

  • London’s global edge has kept it punching well above its weight

    May 16, 2024

    You’ve got the job, you’ve told your friends, you’ve even put it on your LinkedIn – and then it all falls apart. Something of a nightmare, and not just for the ego but it’s happening to foreign-born graduates of UK universities with visa issues. HSBC and Deloitte are the latest to pull job offers, driven [...]

  • Mark Kleinman: FCA row risks casting shadow over City set-piece

    May 16, 2024

    Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.

  • London-listed Georgian banks’ shares tank after country approves divisive ‘foreign agent’ law

    May 15, 2024

    Both Georgia-focused banks listed in London saw their share prices crater on Wednesday after the country's parliament approved a divisive new "foreign agent" law, derailing what had been a strong performance for the lenders so far this year.

  • Shawbrook Bank delivers steady lending growth as specialist focus pays off

    May 15, 2024

    Specialist lender Shawbrook has reported an increase in loans and deposits as it steps up its challenge to the big banks.

  • Vanquis Bank fights legal battle against claims management firm in attempt to stem losses

    May 15, 2024

    Specialist lender Vanquis Banking Group is involved in legal proceedings against a claims management company that it partially blamed for a profit warning earlier this year.

  • Virgin Money faces potential shareholder revolt over £2.9bn Nationwide deal

    May 14, 2024

    Virgin Money shareholders could be getting a better deal as part of the £2.9bn takeover bid from Nationwide, analysts have said ahead of a vote on the offer next week.

  • Santander hit by data breach affecting customers and staff

    May 14, 2024

    Spanish bank Santander has said data managed by an external party was recently accessed without permission, affecting some of its clients and all of its current staff.

  • Government rejects bid to ban NDAs in all harassment cases after sexism in the City probe

    May 14, 2024

    The government has refused a recommendation from an influential group of MPs to ban the use of non-disclosure agreements (NDAs) in all harassment cases, following its probe into sexism in the financial services sector.

  • Credit Suisse-UBS merger: Withers preps Hong Kong arbitration claim against Switzerland

    May 14, 2024

    Law firm Withers is prepping an international arbitration against the Swiss government for its role in the merger of Credit Suisse and UBS

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