OakNorth: Shareholders to be handed £40m as US expansion boosts profit Banking Profit at challenger bank OakNorth has surged thanks to its expansion into the USA, it has been revealed. The London-headquartered digital bank has reported a pre-tax profit of £214.8m for 2024, up from the £187.3m it posted for the previous 12 months. Over the year, OakNorth provided more than £2.1bn in gross new lending to [...]
Chase tops UK banking charts Personal Finance According to an Ipsos poll, Chase UK is the top-rated consumer bank in Britain. It joins digital banks Monzo and Starling, which have long topped the charts. Kuba Fast, Chase’s UK CEO, said: “These results are a testament to the fantastic people we have and our commitment to putting customers at the heart of everything [...]