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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Bankers fired for ‘simulating’ being at their keyboards

June 14, 2024

Wall Street bank Wells Fargo has fired more than a dozen employees for allegedly faking being at their keyboards, as financial firms crack down on non-compliance among hybrid workers.
Tesco sales rise as falling inflation fuels grocery shopping splurge

June 14, 2024

Supermarket giant Tesco has reported another strong period of growth.
Lloyds to reopen new City headquarters this year as it cuts office space

June 13, 2024

Lloyds Banking Group plans to move thousands of workers back into a refurbished City base later this year as it focuses on reducing office space.
Virgin Money warns of margin and cost pressures as Nationwide merger looms

June 13, 2024

Virgin Money has posted a rise in profit but warned of margin pressure and limited cost savings, as it gears up for a mega-merger with Nationwide.
Banks struggle on compliance with staff Whatsapp bans as regulators dish out heavy fines

June 13, 2024

Investment banks are increasingly struggling to get workers to comply with bans on using Whatsapp for business communication, a new survey suggests, after a slew of heavy regulatory penalties.
Wise: Fintech’s shares crater as it forecasts slower income growth

June 13, 2024

Money transfer firm Wise's shares have cratered after it forecast a slowdown in income growth this year, as the boost it received from historic interest rate hikes dies down.
Revolut to move headquarters to heart of Canary Wharf as it awaits UK banking licence

June 13, 2024

Revolut has struck a deal to move its global headquarters to one of Canary Wharf's most prominent buildings as the fintech giant grows its presence in London's financial district amid a long struggle to secure a UK banking licence.
EY UK boss Hywel Ball kickstarts leadership race after stepping down

June 12, 2024

Hywel Ball, head of Ernst & Young's (EY) UK business, has told partners at the firm that he will step down as chair, kickstarting a race for one of the most prestigious jobs in British professional services.
City watchdog clamps down on e-money firm Astropay owned by Uruguay’s first-ever billionaires

June 12, 2024

The City watchdog has imposed restrictions on a fintech firm owned by Uruguay’s first-ever billionaires as it tries to improve standards in a more lightly regulated segment of the payments industry.
‘I’m £5,000 down’: Co-op Bank apologises after duplicate payments glitch

June 12, 2024

The Co-operative Bank has apologised to customers after complaints that a glitch had caused payments to be taken twice from some small business accounts.

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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