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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TP ICAP: Broker’s shares jump to three-year high after profit beat and fresh buyback

August 7, 2024

Shares in inter-dealer broker TP ICAP jumped as much as 15 per cent on Wednesday after its half-year profit beat market expectations and it launched a third share buyback programme.
Wealth manager Quilter posts record adjusted profit as investors’ nerves ease

August 7, 2024

FTSE 250 wealth manager Quilter has reported a record adjusted profit amid a recovery in net inflows and improvements in global equity markets.
Legal & General beats profit estimate and raises dividend amid strategic overhaul

August 7, 2024

Legal & General (L&G) has raised its dividend as its profit for the first half of 2024 exceeded expectations, after its new chief promised a "simpler" future.
Exclusive: Tories spent £10m exploring scrapped Natwest retail offer

August 7, 2024

The Conservative government spent around £10m exploring a now-scrapped plan to sell part of its stake in Natwest to retail investors, with the bank footing most of the bill, City A.M. can reveal.
UK fintech investment almost triples in first half of 2024 as sector outperforms Europe

August 6, 2024

Investment in the UK's fintech sector almost tripled in the first half of 2024, new data shows, as a slew of major deals helped the country retain its title as the centre of European fintech funding.
Biggest UK lenders including Natwest, Lloyds and Nationwide could fail safely in a crisis, Bank of England says

August 6, 2024

The Bank of England has said any major UK lender could be safely wound down in a crisis without causing disruption to banking services or forcing a taxpayer bailout.
Principality Building Society’s profit nearly halves as lower rates offset mortgage boost

August 6, 2024

Principality Building Society, the largest mutual lender in Wales, has seen its profit nearly cut in half as mortgage price wars and looming interest rate cuts dragged on its lending margins.
Abrdn records net inflows as fund manager prepares to appoint new chief

August 6, 2024

Abrdn has reported improved flows and progress on its cost-saving efforts as the fund manager gears up to appoint a new chief executive.
US recession fears ease but markets remain firmly in the red

August 5, 2024

US stocks cratered on Monday as the prospect of a recession in the world's largest economy spooked investors across the globe and tech giants were hit by a mass sell-off.
Hargreaves Lansdown extends takeover deadline for third time

August 5, 2024

Hargreaves Lansdown has for the third time extended the deadline for a group of private equity bidders to make a firm £5.4bn takeover offer during a crucial week for the UK’s biggest retail investment platform.

Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

Royal Ascot worth £140m to UK economy

The best places to eat sandwiches in Lisbon, from bifanas to pregos

By: Lars Mucklejohn

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