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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FTSE 100 close: Midcap index storms up nearly 3.5 per cent and pound surges after US inflation data

November 14, 2023

London's FTSE 100 was flat in early trading on Tuesday as investors mulled fresh jobs data showing higher-than-expected wage growth.
Europe’s £10bn cum-ex tax scandal set to rumble Square Mile after key ruling

November 13, 2023

Banks and investors in the Square Mile are set to be hit with more claims over Europe's biggest ever tax scam following a key ruling last week.
Brits urge government to do more on overseas territory tax havens as diplomats to meet with MPs

November 13, 2023

Nearly three-quarters of Britons think the government should do more to tackle economic crime in the country's overseas territories, according to a survey, as diplomats prepare to meet with MPs in London this week.
US bank stocks fall to record low against S&P 500 as sector hurts from bond crash

November 12, 2023

US bank stocks have plunged to an all-time low relative to the S&P 500 index as lenders continue to feel the impact of the banking crisis that erupted earlier this year.
Metro Bank added to FCA’s financial crime watchlist

November 12, 2023

Metro Bank has been added to the City regulator's financial crime watchlist, the lender confirmed, posing another headache for the bank as it looks to rebuild after securing a major refinancing deal.
Lloyds tells Big Tech to do more to tackle surge in crypto scams

November 10, 2023

Lloyds Bank has issued an "urgent warning" over a surge in cryptocurrency scams and called on Big Tech companies like Meta to do more to tackle the issue.
‘Watershed moment’: Nationwide cuts mortgage rates to sub-five per cent – while arrears keep climbing

November 9, 2023

Nationwide has launched the first two-year fixed mortgage below five per cent since June as lenders face pressure to offer better deals in a fiercely competitive market.
Santander UK appoints veteran of 18 years as CFO following surge in profit

November 9, 2023

Santander UK has appointed Angel Santodomingo as its new chief financial officer (CFO), replacing Duke Dayal, following a jump in profit for Spain's biggest lender.
B&M sees rise in sales and plans wave of store openings

November 9, 2023

B&M has reported a rise in sales as customers are squeezed by high inflation and the discount retailer plans a wave of new stores, including those formerly owned by collapsed rival Wilko.
The Big Four plan to cut 1,800 jobs – but are there more layoffs to come?

November 9, 2023

The Big Four firms - KPMG, PwC, Deloitte and EY - have confirmed plans for nearly 1,800 jobs cuts this year. Is that the end or will the layoffs continue?

Mahmood urges Labour figures to ‘focus on day job’ amid Burnham speculation

How Formula 1 is reengineering car branding

Lotus Esprit is back as a £430k carbon fibre restomod

By: Lars Mucklejohn

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