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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London edges closer to New York in battle for financial centre top spot

September 24, 2024

London is closing in on New York for the title of the world's top financial centre, according to a survey by an influential think tank, as the capital pulled away from its European rivals.
Panmure Gordon suffered £7.2m loss before merger with Liberum

September 23, 2024

Panmure Gordon continued its loss-making streak in the year before its merger with City rival Liberum in the latest sign of factors influencing consolidation among Britain’s corporate brokers. The investment bank posted a £7.2m loss for the 12 months ending on 31 December 2023, according to newly-filed accounts. This compares to a £16.3m loss in [...]
HSBC to sell German private banking arm to BNP Paribas

September 23, 2024

BNP Paribas has struck a deal to acquire HSBC's German private banking arm as the French lender looks to expand in wealth management and the London-based giant continues its pivot to Asian markets.
Fidelity and Abrdn among backers of new investment platform trade body

September 22, 2024

Fidelity and Abrdn are among the big names to have joined a new trade body for online financial sites as the industry faces regulatory scrutiny and a government shake-up.
US Fed’s preferred inflation metric set to validate jumbo rate cut

September 22, 2024

Crucial US inflation data is poised to back up the Federal Reserve's jumbo interest rate cut as investors question where other central banks will follow in its footsteps.
London readies for Raspberry Pi’s first results as a public company

September 22, 2024

Raspberry Pi's first set of results since its much-hyped London IPO will be in focus for UK investors this week in a test for the capital's reputation as a listing venue for tech firms.
Singapore’s wealth fund snubs regulated UK utilities amid Thames Water crisis

September 22, 2024

Singapore's sovereign wealth fund has reportedly told the government that it will not invest in regulated UK water, electricity and gas utilities due to unpredictable rules on infrastructure, in a blow for Labour's economic strategy.
Thames Water creditors plan emergency funding for troubled utility

September 22, 2024

Thames Water's lenders are reportedly preparing to plough more than £1bn of emergency funding into the embattled utility before the end of 2024 in an effort that could keep it out of government hands.
FCA chief encourages more risk-taking among firms to boost financial inclusion

September 19, 2024

The chief executive of the Financial Conduct Authority has said more risk-taking among firms is needed to push a "step change" in the UK's financial inclusion, which could also boost economic growth.
Lloyd’s of London names Treasury veteran Charles Roxburgh as chair

September 19, 2024

Lloyd's of London has named Treasury veteran Charles Roxburgh as its next chair, taking over one of the City's most prestigious posts from Bruce Carnegie-Brown.

Employment Rights Bill will become law – as Tories vow to repeal it

Padel match booking firm raises £4.5m in major fund raise

The Best Christmas Competitions and Festive Offers This Season

By: Lars Mucklejohn

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