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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Revolut books record profit on higher interest rates and surge in users

July 2, 2024

A major boost to Revolut's profitability would come from a UK banking licence, allowing it to offer products like mortgages and credit cards in its home market - where it recently hit nine million customers.
Motor finance test cases against Close Brothers and Firstrand head to Court of Appeal

July 2, 2024

A test case containing three cases relating to motor finance commission will be heard at the Court of Appeal this week.
Panmure Liberum adds two new units and names top team after merger

July 1, 2024

Panmure Liberum has launched two new divisions and confirmed its executive team after the completion of the landmark merger between two of the City's leading brokers.
Currensea: Travel card fintech smashes crowdfunding target in just four hours

July 1, 2024

London fintech Currensea has smashed its online crowdfunding target after just four hours as the travel debit card company looks to pounce on a rebound in demand for overseas holidays.
Ineos Energy favours US and Denmark expansion as Britain puts ‘pain’ on industry

July 1, 2024

The chief executive of Ineos Energy has said the business will prioritise expansion in the US and Denmark over Britain, arguing that the country's politicians have put "pain" on the oil and gas sector.
Citi was drug trafficking duo’s favourite bank, DEA officials say

July 1, 2024

Senior US law enforcement officials have argued a pair of drug traffickers opted to launder money through Citigroup as they considered the bank's fraud controls "more favourable".
Morgan Stanley to join Wall Street rivals in scrapping bonus cap for UK staff

July 1, 2024

Morgan Stanley is planning to follow its Wall Street rivals in scrapping an EU-imposed cap on bonuses for its top UK bankers.
Apax X sells stake in Spanish real estate platform to private equity firm Cinven

July 1, 2024

The Apax X Fund, backed by investment trust Apax Global Alpha (AGA), has sold its minority stake in idealista, a Spanish online real estate classifieds platform, to private equity firm Cinven.
Banks, homebuilders and retailers in focus as London markets brace for Labour election victory

June 30, 2024

The UK general election is in focus this week as investors brace for a widely expected Labour landslide that could share price moves across the FTSE 100.
Boots chief steps down after owner shelves sale plans again

June 30, 2024

The chief executive of Boots is stepping down after the high street pharmacy chain's US parent company once again shelved plans to sell the business.

Sainsbury’s threatens to crack down on shoplifters caught swapping eggs

What next for LIV Golf and Newcastle United after Saudi PIF strategy shift?

The watch podcast disrupting the ‘pale, male and stale’ image

By: Lars Mucklejohn

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