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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ECB poised to cut interest rates in divergence from Fed and Bank of England

May 27, 2024

The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next week, with two key officials saying it is time to lower borrowing costs.
Elon Musk: Battle over £44bn payday looking tougher for Tesla boss

May 27, 2024

Tesla is facing a shareholder revolt over plans to award boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm's second-largest investor behind Musk himself now advised to block the deal.
Starling investor eyes £10bn valuation for bank as tech business takes off

May 27, 2024

One of Starling Bank's top investors has said the digital lender could reach a valuation of nearly £10bn within the next few years on the back of fees from its recently launched tech business.
Why buy-now pay-later firms are still waiting for regulation three years on

May 27, 2024

As officials from the Treasury and Financial Conduct Authority sat down with a buy-now pay-later (BNPL) boss to chat through their impending regulatory clampdown last year, frustration boiled over.
‘Constant deadlines, zero work-life balance’: Concern over 100-hour weeks after two deaths at Bank of America

May 25, 2024

Working conditions for junior staff at some of the world’s largest investment banks have once again hit the headlines following two deaths this month at Bank of America.
HSBC fined £6.2m for unfairly treating customers in financial difficulty

May 23, 2024

HSBC has been slapped with a £6.2m fine by the UK financial regulator over failures in its treatment of customers who were in arrears or experiencing financial difficulty.   
Nationwide CEO: No plans for more big acquisitions after £2.9bn Virgin Money deal

May 23, 2024

The chief executive of Nationwide has said the lender is not considering any more big-ticket acquisitions, with Britain's largest building society already busy enough finalising its £2.9bn takeover of Virgin Money.
Investec sets aside £30m for FCA motor finance review

May 23, 2024

London-listed South African banking group Investec has set aside £30m to cover potential costs from a City regulator probe into unfair car loans that could leave the motor finance industry on the hook for billions in compensation fees.
Nationwide customers to enjoy £385m account windfall after bumper year

May 23, 2024

Nationwide plans to pay around £385m directly into customers' accounts as Britain's largest building society continues to enjoy bumper earnings on the back of higher interest rates.
Virgin Money shareholders approve £2.9bn Nationwide takeover despite analyst warnings

May 22, 2024

Virgin Money shareholders have given the green light for the bank to be acquired by Nationwide for £2.9bn, paving the way for the UK's biggest banking merger since the financial crisis.

Smithfield Christmas Meat Auction: London’s oldest festive tradition returns

Joshua vs Paul: A defining moment in evolution of sport entertainment

Central London Alliance Launches Podcast to Debate London’s Opportunities and Obstacles for Growth

By: Lars Mucklejohn

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