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By: Lars Mucklejohn

Banking and Fintech Reporter Lars Mucklejohn is a reporter at City A.M. covering banking and fintech. For tips and stories, he can be contacted at lars.mucklejohn@cityam.com and posts at x.com/LarsMucklejohn

All 1164 Articles
  • Exclusive: Top economists forecast Bank of England to cut rates as soon as March

    December 28, 2023

    The Bank of England is tipped to start cutting interest rates as soon as March, according to a City A.M. poll of top economists, as the central bank faces mounting criticism for being too hawkish in its monetary policy.

  • McKinsey defers partners’ bonuses as dealmaking dries up

    December 24, 2023

    Partners at management consultancy McKinsey have reportedly voted to defer part of their bonuses as the company sees a slowdown in demand for its services amid a slump in corporate deals.

  • Lord Adair Turner rejoins Oaknorth as digital bank mulls IPO

    December 24, 2023

    Digital challenger bank Oaknorth has appointed former City watchdog boss Lord Adair Turner to be its chair as it mulls an IPO.

  • FTSE 100 soars to three-month high as inflation data bolsters case for interest rate cuts

    December 20, 2023

    A sharp fall in inflation added further fuel to a Christmas rally as London's FTSE 100 closed at its highest level since 20 September on Wednesday.

  • Revolut reportedly set for £1.5bn in revenue on higher European interest rates

    December 20, 2023

    Revolut is set to see revenue of more than £1.5bn in 2023, according to an investor presentation seen by Bloomberg, as the pan-European fintech receives a boost from higher interest rates.

  • Shares in banks and housing firms rise on sharp inflation slowdown

    December 20, 2023

    Shares in banks and housebuilders jumped on Wednesday morning after fresh inflation data came in lower than expected, boosting hopes for interest rate cuts in the first half of next year.

  • Exclusive: Record number of women starting businesses despite funding challenges

    December 19, 2023

    A record number of female-owned companies have been created this year

  • Brits hit with double whammy as credit card costs and loan rates are highest in years

    December 19, 2023

    The cost of credit card borrowing has reached its highest level in at least 17 years while Britons also face decade-high personal loan rates, according to data from financial information website Moneyfacts.

  • UBS shares jump after Cevian bets £1bn on Credit Suisse merger success

    December 19, 2023

    Cevian Capital, Europe’s largest activist investor, has taken a €1.2bn (£1bn) stake in UBS in a bet that the lender will double its share price after taking over Credit Suisse.

  • City’s newest investment bank bemoans high interest rates as ‘drag on demand’ for UK equities

    December 19, 2023

    New bank and wealth manager Cavendish Financial has reported continued losses in its maiden set of results as it struggles with a dealmaking slump but said activity is picking up.

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