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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Jefferies and Investec poach top investment bankers from Citi

May 22, 2024

Wall Street giant Jefferies and South African group Investec have poached two top investment bankers from rival Citigroup to bolster their UK operations.
Arbuthnot: Historic bank posts steady lending growth this year after bumper 2023

May 22, 2024

Arbuthnot Banking Group has reported steady loan and deposit growth in 2024 as it continues to benefit from higher interest rates.
Millions or billions? Citi fined £62m after trader gets mixed up

May 22, 2024

The UK's banking and financial regulators have slapped Wall Street titan Citigroup with a £61.6m fine for trading systems and controls failures.
Close Brothers shares drop as motor finance arm deals with two FCA reviews

May 22, 2024

Shares in merchant banking group Close Brothers fell as much as 6.6 per cent on Wednesday morning as its motor finance business faces compensation costs tied to two market-wide reviews from the Financial Conduct Authority (FCA).
Brits lost more than £1bn to fraudsters last year as purchase scams hit record high

May 22, 2024

Brits lost more than £1bn to fraudsters last year, new figures show, as purchase scams surge to a new record and social media firms face tough questions over the high levels of fraud originating on their platforms.
Vitesse: London insurtech lands £73m funding round led by US private equity giant KKR

May 21, 2024

London-based insurtech Vitesse has secured a new $93m (£73.2m) funding round to support its expansion in the US.
Payments regulator slams Visa and Mastercard for merchant fee hikes but forgoes price caps

May 21, 2024

The UK payments regulator has found "little evidence" that fee hikes by Visa and Mastercard on retailers have majorly improved the quality of service, adding that the card giants do not face effective competition.
Will TSB be the next challenger bank to go up for sale?

May 20, 2024

A potential sale of TSB Bank is back in focus as its Spanish parent company Sabadell grapples with a rare hostile takeover attempt by larger domestic rival BBVA.
Astrazeneca to build huge new cancer drug plant in Singapore

May 20, 2024

Astrazeneca has said it will invest $1.5bn (£1.2bn) to build a manufacturing facility in Singapore to produce antibody drug conjugates (ADCs), a next-generation cancer treatment.
Nine in 10 landlords raise rents for existing tenants

May 20, 2024

Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.

‘I thought this would be drama-free’: Games Workshop pockets tariff reprieve

Gianni Infantino: Democrats ask to quiz Fifa boss over Trump ‘corruption’ allegations

Why the Bank of England museum is a one-of-a-kind

By: Lars Mucklejohn

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