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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Standard Chartered shares jump to six-month high as bank breezes past profit estimates

May 2, 2024

Standard Chartered has sailed past estimates with a 25 per cent jump in profit on the back of interest rate hikes and a solid performance from its trading and wealth divisions.
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations

May 2, 2024

Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
Petition against DWP’s plans for bank ‘mass spying’ powers nears 200k signatures

May 2, 2024

An online petition calling on the UK government to abandon plans for "mass bank spying powers" has received more than 167,000 signatures as privacy campaigners slam new measures to combat fraud.
Barclays starts to cut hundreds of jobs in cost-saving bid and investment bank shake-up

May 1, 2024

Barclays has reportedly started cutting hundreds of roles, including at its investment bank, as the group looks to cut costs and improve its share price.
Takeover bids, millionaire CEOs and angry members: Building societies are looking a lot like the big banks

May 1, 2024

Runaway profits, big-ticket acquisitions and bumper executive pay rises, Britain's building societies are starting to look a lot like banks.
Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed

May 1, 2024

Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud and "unaffordable and irresponsible lending".
BBVA approaches TSB owner over £60bn Spanish bank merger

April 30, 2024

Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest bank in Spain, has approached smaller domestic rival Banco Sabadell over a merger that could create a group worth roughly €70bn (£60bn).
Klarna offloads London entrepreneur’s shopping tech after just three years

April 30, 2024

Fintech firm Klarna has sold assets in virtual shopping business Hero to Swedish video commerce platform Bambuser for around £1.1m just three years after buying the entire company for a reported £137m.
Who are the runners and riders to succeed Noel Quinn as HSBC boss?

April 30, 2024

In a shock announcement this morning, Noel Quinn announced that he is drawing the curtain on a nearly four-decade career at HSBC. So who are the leading contenders to succeed him as chief executive of Europe's largest bank?
Santander UK profit slides amid mortgage price war and rate cut expectations

April 30, 2024

Santander UK has reported a 29 per cent slump in profit as the boost from higher interest rates fades and a fiercely competitive mortgage market forces it to offer better deals to customers.

Mahmood urges Labour figures to ‘focus on day job’ amid Burnham speculation

How Formula 1 is reengineering car branding

Lotus Esprit is back as a £430k carbon fibre restomod

By: Lars Mucklejohn

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