Formula 1 signs Standard Chartered up as major partner January 27, 2026 Standard Chartered has penned a deal with Formula 1 to become the motor sport’s wealth management and investment banking partner. The City of London-headquartered firm will be involved with Formula 1 as part of a multi-year deal, with Standard Chartered’s branding set to feature trackside. The bank’s chief of corporate and investment banking, Roberto Hoornweg, [...]
Motor finance, Madoff fraud, tax fears – bank shares defy the noise October 31, 2025 A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog investors are rewarding the FTSE 100’s top lenders for another bumper quarter. The FTSE 350 banks index has risen nearly four per cent this month and is up 17 per cent for the [...]
Standard Chartered shares hit 12-year high after income upgrade October 30, 2025 Banking giant Standard Chartered has upgraded its income target for the full-year after its booming wealth business powered profit higher. The FTSE 100 lender posted a pre-tax profit of $1.8bn (£1.36bn) in the three months to September, ahead of the $1.5bn pencilled in by analysts. Shares in the bank jumped to a 12-year high after [...]
FTSE 100 Live: OpenAI plots IPO, Shell kicks off $3.5bn buyback October 30, 2025 Good morning from the City AM liveblog team. The war of words between banks and private credit ratcheted up on Wednesday, after a trio of bosses from private lenders rounded on claims their industry played a pivotal role in a string of recent debt-related collapses, branding it “misinformation”. During a fiery evidence session in the [...]
Analysts dampen outlook for FTSE 100 banks as tax clouds gather October 21, 2025 The UK’s top banks are gearing up for a third-quarter reporting season where all eyes will be on the Labour government’s second Autumn Budget. Speculation of a bank tax hike has dominated chatter around the sector in recent months and elevated fears across the City. It also comes alongside flaring tensions between the lending industry [...]
FTSE suffers worst day since April amid credit market jitters October 17, 2025 The FTSE 100 suffered its worst session since April on Friday, after a sell-off in US regional banks caused jitters to sweep through global equities markets. Banks led losses on the UK’s blue-chip index as a risk-off mood prevailed across the world, with bond yields falling and the price of gold hitting yet another all-time [...]
Mining has its mojo back – will London miss out? October 15, 2025 After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]
Spotlight turns to FTSE 100 clients of Peter Mandelson’s advisory firm after government sacking September 12, 2025 After Peter Mandelson’s dramatic ousting from government over his close relationship with paedophile Jeffrey Epstein, the firms that chose to partner with his consultancy Global Counsel have come under the spotlight. More than two dozen major corporations hired Global Counsel to conduct lobbying services over the past two years, disclosures from the Office of the [...]
Natwest and Lloyds shares lead £8bn plunge amid bank tax fears August 29, 2025 Shares in a number of Britain’s biggest banking giants tumbled on Friday as speculation that Rachel Reeves would use the sector for an easy cash grab ramped up. Natwest topped the FTSE 100’s fallers, losing over five per cent. Meanwhile, Lloyds was down nearly four per cent, Barclays just over two per cent, whilst HSBC [...]
Standard Chartered shares rally after US rejects whistleblower claims August 22, 2025 Shares in Standard Chartered rallied on Friday after it emerged the US government has rejected whistleblower claims that it breached sanctions rules. Allegations over the banking giant’s practices had courted the attention of US president Donald Trump, who last week took to Truth Social to post a link to an article about the claims published [...]