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banking

  • UBS and Credit Suisse complete merger

    May 31, 2024

    The merger of UBS and Credit Suisse is now formally complete.

  • Natwest buys back more shares from HM Treasury

    May 31, 2024

    Natwest has bought back another lump of shares from the UK government.

  • Starling investor eyes £10bn valuation for bank as tech business takes off

    May 27, 2024

    One of Starling Bank's top investors has said the digital lender could reach a valuation of nearly £10bn within the next few years on the back of fees from its recently launched tech business.

  • Coventry Building Society and Co-op Bank £780m tie-up confirmed

    May 24, 2024

    The combined group will be led by David Thorburn as Chairman and Steve Hughes as Chief Executive Officer.

  • Virgin Money shareholders approve £2.9bn Nationwide takeover despite analyst warnings

    May 22, 2024

    Virgin Money shareholders have given the green light for the bank to be acquired by Nationwide for £2.9bn, paving the way for the UK's biggest banking merger since the financial crisis.

  • Arbuthnot: Historic bank posts steady lending growth this year after bumper 2023

    May 22, 2024

    Arbuthnot Banking Group has reported steady loan and deposit growth in 2024 as it continues to benefit from higher interest rates.

  • Close Brothers shares drop as motor finance arm deals with two FCA reviews

    May 22, 2024

    Shares in merchant banking group Close Brothers fell as much as 6.6 per cent on Wednesday morning as its motor finance business faces compensation costs tied to two market-wide reviews from the Financial Conduct Authority (FCA).

  • Brits lost more than £1bn to fraudsters last year as purchase scams hit record high

    May 22, 2024

    Brits lost more than £1bn to fraudsters last year, new figures show, as purchase scams surge to a new record and social media firms face tough questions over the high levels of fraud originating on their platforms.

  • 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.

  • Weatherbys: Horse racing private bank doubles profit on higher rates and expansion

    May 9, 2024

    The private bank Weatherbys has been boosted by higher interest rates and demand for its services.

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