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 writes off stake in former UK fintech darling Monese

October 1, 2024

HSBC has written off its holding in British fintech Monese just two years after taking a $35m stake in the firm.
Nationwide completes Virgin Money takeover to create high street banking titan

October 1, 2024

Nationwide has completed its £2.9bn takeover of Virgin Money in the UK's biggest banking merger since the financial crisis amid increasing consolidation among mid-sized lenders.
James Halstead: Flooring supplier nears ‘dividend king’ status with 49th straight yearly hike

October 1, 2024

Flooring manufacturer James Halstead is nearing "dividend king" status after hiking investor payouts for almost 50 years straight.
Peel Hunt warns of market slowdown ahead of UK Budget and US election

October 1, 2024

City investment bank Peel Hunt has flagged a slowdown in UK capital markets activity as investors nervously await the results of the Budget and US election.
Clearbank eyes flurry of new products amid ‘huge demand’ for fintech

September 30, 2024

ClearBank is eyeing up a string of new business lines after hitting profitability and taking its first steps towards international expansion.
Is Unicredit about to kickstart a wave of European bank mergers?

September 27, 2024

UniCredit is facing stiff opposition from the German government amid speculation that it could launch a multibillion-euro takeover bid for Frankfurt-based Commerzbank.
Revolut to join UK bank fraud helpline after surge in complaints

September 27, 2024

Revolut is among three new firms signing up to the banking industry’s answer to 999 after it emerged that it had outstripped all the UK's major banks in official fraud complaints.
Schroders names new finance chief and elevates investment boss to board

September 26, 2024

Schroders has named a new chief financial officer and elevated its chief investment officer to the board in the FTSE 100 asset manager’s latest leadership reshuffle. Meagen Burnett, currently the firm’s chief operating officer, is due to take over the CFO role from Richard Oldfield, who is preparing to succeed outgoing chief executive Peter Harrison. [...]
‘Intense’ consumer duty rules driving up regulatory pressure on City, KPMG says

September 26, 2024

The Financial Conduct Authority's "intense" supervision of its flagship consumer duty regime is driving an increase in regulatory pressure felt by City firms, according to KPMG.
Bank of England mulls ‘further steps’ to boost City’s global competitiveness

September 26, 2024

The UK's banking regulator is mulling "further steps" to boost the City's international competitiveness as one of its top brass hailed a "broadly welcoming" response to its softening of bank capital rules.

Budget knocks confidence to two-year low amid ‘deteriorating conditions’

Frank Warren’s Queensberry hired to bring punch to Derby Festival

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

By: Lars Mucklejohn

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