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

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HSBC share price slides after RBC downgrades stock

November 22, 2023

Shares in HSBC fell as much as 1.8 per cent today after RBC cut its recommendation on the stock, forecasting a $5bn headwind from falling interest rates.
Banking giant warns of bonus cuts if staff work from home too often

November 22, 2023

A banking giant has demanded slow to return staff get back to the office - and bonus packages will be cut if they work from home too often
Former Natwest fraud chief left after moonlighting for law firm that brings scam victim claims

November 21, 2023

Natwest’s former head of fraud prevention quietly left his role earlier this year after the group found out he was moonlighting at a law firm specialising in bringing scam victim claims against banks.
Savings rates fall for first time in more than two years as banks slash deals

November 21, 2023

Fixed savings rates have fallen across the board for the first time in more than two years, according to new data, as inflation cools and the Bank of England hold interest rates.
Abrdn chief reportedly wanted to sell struggling £368bn investment arm

November 20, 2023

Abrdn’s chief executive, Stephen Bird, wanted to sell the company’s troubled investment management division last June, according to Financial News.
Chancellor to allow ISAs to hold fractional shares in effort to boost investment: report

November 20, 2023

Chancellor Jeremy Hunt is reportedly set to announce major changes to individual savings accounts in his autumn statement on Wednesday in an attempt to boost investment in UK companies.
Bank of England rate cuts should be underway by August, economists predict

November 20, 2023

Some 79 per cent of the 19 experts surveyed believe that the central bank will have started cutting or begin to cut interest rates by August next year.
Nationwide boss Debbie Crosbie rules out Natwest CEO job

November 19, 2023

Nationwide's chief executive Debbie Crosbie has ruled out a move to Natwest as the troubled bank looks for a new boss.
Monzo close to deal with Alphabet for up to £500m funding round: report

November 19, 2023

Alphabet, the parent company of Google, is reportedly in talks to acquire a major stake in digital bank Monzo in a boost for Britain’s fintech sector.
UK banking industry set to become ‘less competitive’ as taxes surge to new highs

November 17, 2023

The banking sector contributed £41bn in the year to March, up £2.2bn from the previous year, according to the annual report from PwC for banking trade body UK Finance.

Consumer confidence collapses as Iran war provokes inflation fears

London Marathon could have 100,000 runners in 2027

Here’s the most beautiful Wetherspoons pub in London

By: Lars Mucklejohn

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