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: London rallies after Bank of England holds interest rates

November 2, 2023

The blue-chip FTSE 100 rose 1 per cent to 7,418.89 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, rose 1.6 per cent to 17,465.50.
SMEs crushed by lack of funding as MPs scrutinise lenders on borrowing

November 1, 2023

One in ten small and medium-sized businesses (SMEs) that have struggled to access financing eventually folded, according to a survey of 500 business leaders, as MPs scrutinise the sector's lenders.
Atom Bank raises further £100m from shareholders, shakes off valuation hit as London IPO looms

November 1, 2023

Atom Bank has completed an £100m equity raise from its long-term shareholders as the digital lender prepares for a likely IPO.
Here are the top banks most impacted by fraud — and worst at reimbursing their customers

October 31, 2023

APP scams, which involve the victim making the payment themselves, accounted for 40 per cent of fraud losses in 2022.
FTSE 100 close: London pares gains as BP slump offsets inflation hope

October 31, 2023

London's FTSE markets climbed on Tuesday morning as investors received another boost from falling food inflation but oil giant BP slumped after a poor set of results.
Who is PwC’s new global chair Mohamed Kande?

October 30, 2023

Kande's appointment marks a break from PwC's pattern of choosing its US head to become global chair.
Banks slammed for ‘doing as little as they can get away with’ to help savers

October 30, 2023

The UK's biggest banks are "trying to do as little as they can get away with" to help savers as interest rates look set to stay high, a top Tory MP has said.
Investment bank downgrades Natwest amid profit warnings, share price slip and leadership questions

October 30, 2023

Natwest's stock fell 1.8 per cent in London on Monday morning after reporting third-quarter results on Friday.
Banks face tougher competition as profits boost from higher rates fades

October 30, 2023

The UK’s major listed banks have warned that the tailwind from high interest rates that has driven bumper profits over the past year is coming to an end as lenders compete to offer better deals to customers. Barclays, Lloyds, NatWest, Standard Chartered and Santander reported third-quarter earnings last week, while HSBC released its results today. [...]
Square Mile’s job market shrinks as firms cut costs

October 30, 2023

Job openings in the City's financial services sector have fallen for the second consecutive quarter as firms respond to high costs and overhiring.

Sainsbury’s threatens to crack down on shoplifters caught swapping eggs

What next for LIV Golf and Newcastle United after Saudi PIF strategy shift?

The watch podcast disrupting the ‘pale, male and stale’ image

By: Lars Mucklejohn

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