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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Regulator confirms U-turn on maximum amount banks must refund fraud victims

September 25, 2024

The UK’s payments regulator has confirmed an last-minute U-turn on the maximum amount banks and fintechs will have to reimburse fraud victims under a new regime, after heavy industry lobbying and pressure from ministers.
Sainsbury’s to sell ATM machines after exiting core banking business

September 25, 2024

Sainsbury’s has agreed to sell its ATM machines to operator Notemachine three months after offloading most of its banking business to Natwest.
Funding Circle co-founder to step down from lender’s board

September 25, 2024

The co-founder and former chief executive of small business lender Funding Circle has said he will step down from the company's board next month.
Moneyfarm: Acquisitions and swelling client base help wealth manager’s assets surpass £4bn

September 25, 2024

Digital wealth manager Moneyfarm has reported a jump in assets for the first half of 2024, helped by acquisitions and a swelling client base.
Apron: London fintech taps Checkout founder and Apple iPhone co-creator for $30m funding

September 25, 2024

London fintech Apron has raised $30m in Series B funding to boost hiring and launch a slew of new accounting and payment tools for small businesses.
HSBC considers naming first female CFO in bank’s 159-year history

September 24, 2024

HSBC is reportedly considering naming its first female chief financial officer in its 159-year history, with Pam Kaur said to be a favourite for one of the top jobs at Europe's biggest bank.
FCA to ‘intensify engagement’ with City over controversial ‘name and shame’ plans

September 24, 2024

The Financial Conduct Authority (FCA) is planning to "intensify" its engagement with the City in the coming months over controversial plans to ‘name and shame’ firms under investigation.
Mortgage Advice Bureau shares jump as firm hails ‘growing market momentum’

September 24, 2024

Shares in Mortgage Advice Bureau jumped as much as 15 per cent on Tuesday morning after the financial services firm hailed "growing market momentum" after a "highly challenging 2023".
Revolut to launch retail wealth app in challenge to Robinhood and Etoro

September 24, 2024

Revolut is launching a standalone app based on its wealth management offering as Europe’s most valuable fintech looks to challenge Robinhood and Etoro in the retail investor market. The Revolut Invest app will offer more than 4,000 financial instruments, including from US and European stocks, bonds, commodities and exchange-traded funds, the London-based company said. Equity [...]
Bank of London: Questions persist over unicorn’s finances and governance

September 24, 2024

In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.

Monzo slammed for ‘shaming’ end of year reviews

If international rugby’s fatal flaw is not financial, what is it?

Ford Mustang Sutton CS800DH review: Taming a wild horse

By: Lars Mucklejohn

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