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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Treasury plans talks with Revolut as fintech giant favours US listing

August 16, 2024

The UK government is seeking to highlight London's attractiveness in planned talks with Revolut, as Britain's biggest fintech reportedly favours the US for a potential blockbuster IPO.
UK retail sales tick up in July after summer discounts and Euros boost

August 16, 2024

Friday's data is among a raft of economic figures released this week that will provide key indicators for Bank of England policymakers as they decide whether to cut interest rates in September.
UK water firms could face £2bn in fines over next five years, Moody’s warns

August 15, 2024

UK water companies could be hit with a total of roughly £2bn in fines over the next five years, Moody's has estimated, warning that more demanding proposals from the industry regulator increase risk in the sector.
Monzo celebrates fourth year on top of bank satisfaction rankings

August 15, 2024

Monzo has once again taken first place in an official league table measuring whether customers would recommend their bank to friends and family, with the firm marking four years in the top spot. The digital-only bank, founded in 2015, has topped the Competition and Markets Authority’s (CMA) biannual current account satisfaction ranking since August 2020, [...]
OneSavings Bank shares tumble as rising mortgage competition prompts guidance downgrade

August 15, 2024

Shares in FTSE 250 lender OneSavings Bank (OSB) dropped as much as 19 per cent on Thursday after the group lowered its forecasts for the full year on the back of rising competition in the mortgage market.
UK economy grows 0.6 per cent in second quarter, in line with expectations

August 15, 2024

The UK economy grew in line with expectations in the second quarter of 2024, as it continued to bounce back from a shallow recession.
Citi removes EU-imposed bonus cap for top London bankers

August 14, 2024

Citigroup has become the latest Wall Street bank to scrap an EU-imposed bonus cap, paving the way for it to award bigger payouts to some of its top London staff.
Can the UK’s stock market produce another £200bn company?

August 14, 2024

Seismic events or a shift in valuations are likely necessary for more UK stocks to be worth £200bn, analysts have told City A.M., after Astrazeneca became the first company in six years to pass the milestone.
FCA fines Cyprus-based trading broker £276,100 for ‘pressuring’ customers to put money at risk

August 14, 2024

The City regulator has fined Cyprus-based trading broker Forex TB Limited £276,100 for failing to treat its customers fairly and providing unauthorised investment advice.
Secure Trust Bank upgrades cost-cutting target as FCA review weighs on earnings

August 14, 2024

Secure Trust Bank has ramped up cost-cutting efforts, while a review by the City regulator affecting its vehicle finance arm weighed on the firm's earnings in the first half of 2024.

Mandelson was ‘denied security clearance’ yet stayed in US ambassador post

Trump-hating Fifa World Cup fans should have costs paid if denied visa

The Galvin brothers: Our Toast the City award means the world

By: Lars Mucklejohn

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