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banking

  • 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 [...]

  • UK fintech Zempler Bank snapped up for less than half previous valuation

    February 12, 2026

    London-based fintech Zempler Bank has been snapped up by Nigeria’s biggest bank in a deal that has slashed the firm’s valuation, City AM can reveal. The small business lender – formerly known as Cashplus – has been acquired by The Access Bank UK with a price tag of around £3.45p per share. The sale represents [...]

  • Close Brothers MD: I started my career working for Gordon Ramsay

    February 12, 2026

    Chiara Caldwell, managing director at Close Brothers, tells us how she went from fine dining to banking in Square Mile and Me.

  • Lloyds to close 95 more bank branches across UK

    February 11, 2026

    Lloyds Banking Group is set to make a further full to its branch network with 95 sites face the shutter. The FTSE 100 banking giant announced the fresh closures on Wednesday, which will affect Lloyds, Halifax and Bank of Scotland sites. The closures will take place between May 2026 and March 2027. Lloyds will take [...]

  • Barclays boss calls for political ‘stability’ as banker’s pay packet swells to £15m

    February 10, 2026

    The boss of British banking giant Barclays has called for “stability” across the political landscape as the Labour government’s future faces uncertainty. CS Venkatakrishnan, the bank’s chief executive who is known as Venkat, faced questions on the turmoil in Number 10 after Barclays published its full-year earnings report. “From the point of view of businesses [...]

  • 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 [...]

  • Barclays kicks off £15bn shareholder bonanza after profit rises

    February 10, 2026

    Barclays kickstarted plans to dish out heaps of cash to shareholders on Tuesday after the bank’s profit breezed ahead of expectations for the 2025 financial year. The FTSE 100 giant launched a fresh £1bn share buyback after pre-tax profit soared 13 per cent in the last 12 months to £9.1bn. This came ahead of internal [...]

  • 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 [...]

  • Natwest shares sink after bank unveils £2.7bn wealth deal

    February 9, 2026

    Natwest has beat its banking rivals to snap up wealth manager Evelyn Partners and laid out plans to kick off a new round of shareholder returns. The FTSE 100 banking giant, which returned to privatisation last year, said it had sealed a £2.7bn deal to purchase the firm from its private equity owners Permira and [...]

  • Starling founder Anne Boden cuts stake in £4bn fintech

    February 6, 2026

    The founder of UK fintech Starling has slashed her stake in the digital bank during a secondary share sale, City AM can reveal. Anne Boden, who launched Starling in 2014 after stints at Allied Irish Banks and Lloyds, cut her holdings in the digital bank to near 2.7 per cent from a previous 4.3 per [...]

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