Ex Goldman chief: I smell another financial crisis March 2, 2026 Goldman Sachs’ top boss throughout the 2008 financial crisis has sounded the alarm that the global economy was drawing closer to another crash. Billionaire investment banker Lloyd Blankfein, who served at the helm of Goldman from 2006 until 2018, said: “I don’t feel the storm, but the horses are starting to whinny in the corral.” [...]
HSBC bonus pot swells to 14-year record despite profit hit February 25, 2026 HSBC announced its bonus pot had swelled to an over decade high on Wednesday despite the bank recording a hit in annual profit as hefty impairment charges helped offset a boom in the bank’s wealth management operations. The FTSE 100 banking titan recorded a seven per cent drop in pre-tax profit for the annual year, [...]
‘I see people doing dumb things’: Jamie Dimon warns of crisis-style AI reckoning February 24, 2026 The world’s most influential banker has drawn parallels to the time before the global financial crisis amid inflated asset prices and peers doing “dumb things”. Jamie Dimon, the top boss of Wall Street behemoth JP Morgan, said: “Unfortunately we did see this in ‘05, ‘06, ‘07, almost the same thing. “The rising tide lifts all [...]
Standard Chartered hikes investor returns despite profit miss February 24, 2026 Standard Chartered handed out bumper investor returns following its full-year results despite the London-listed bank missing its profit target pencilled in by analysts. The Asian-focused lender recorded a two per cent uptick in pre-tax profit to $814m, falling below analyst expectations of $1.1bn. The miss came as net interest income performed weaker-than-expected, slumping 12 per [...]
Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown February 24, 2026 In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]
Natwest hikes dividend after profit hits post-financial crisis high February 13, 2026 Natwest laid out plans to splash the cash to shareholders in its full-year earnings report on Friday as the bank’s profit reached its highest since the 2008 financial crisis. The FTSE 100 banking giant – which returned to private ownership in the last year – recorded pre-tax profit of £7.7bn in 2025 financial year, up [...]
Standard Chartered shares fall as finance boss exits for Apollo February 10, 2026 The finance boss of Standard Chartered has made a swift exit from the bank as he takes up a top job at asset manager Apollo. Diego De Giorgi, who joined the bank in September 2023 before becoming chief financial officer in January 2024, stepped down to lead Apollo’s European, Middle East and Africas region. The [...]
Why Natwest splashed the cash for a slice of the wealth management pie February 10, 2026 Natwest has opened its wallet for its biggest deal since the financial crisis, as the bank revives its appetite for acquisitions after the remaining government-owned shares in the business were finally sold. But after the FTSE 100 firm watched its share price sink into the red on Monday, will there be a sense of buyer’s [...]
TSB’s profit soars ahead of Santander takeover February 6, 2026 Profit at high street lender TSB soared in the latest financial year as the bank slashed costs ahead of its landmark takeover by Santander. TSB’s pre-tax profit hit £350.4m in 2025, a 20.7 per cent jump from the year prior. The growth was fuelled by rising income streams and falling costs, even as the bank [...]
Secure Trust Bank sells motor finance arm after £21m hit February 5, 2026 Specialist lender Secure Trust Bank has offloaded its motor finance arm, becoming the latest UK bank to retreat from the sector, which has been wrapped up in scandal. The bank sold its remaining vehicle finance loan book to European Alternative Investment Fund Manager LCM Partners in a move expected to increase the bank’s CET1 ratio – a [...]