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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Business ‘debanking’ complaints nearly double in a year as MPs warn of ‘unfair’ account closures

April 22, 2024

The number of official complaints over business "debanking" has almost doubled in the last year, new figures show, as MPs accuse lenders of "unfairly" closing customers' accounts.
Banks, retailers and tech giants dominate big blue-chip results week

April 21, 2024

A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.
Tom Hayes: Ex-Libor trader compares himself to Alan Bates as calls grow for appeal to go to Supreme Court

April 21, 2024

Tom Hayes, the ex-banker jailed for rate-rigging, has said he was "scapegoated" and compared himself to Post Office campaigner Alan Bates amid calls for his appeal to go to the Supreme Court.
Unilever struggles to find buyer big enough for its ice cream empire

April 21, 2024

Consumer goods giant Unilever may be forced to hold on to part of its multibillion-pound ice cream operations as the business' massive size makes it difficult to offload.
Ocado faces investor calls to abandon London listing for New York

April 21, 2024

Ocado has reportedly discussed with investors the possibility of moving its listing from London to New York in what would be yet another major blow to the capital's beleaguered bourse.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders

April 20, 2024

The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Coventry Building Society agrees terms to buy Co-op Bank for £780m

April 18, 2024

Coventry Building Society has agreed terms to buy The Co-operative Bank for £780m as a wave of consolidation sweeps through the mid-sized banking sector.
City group calls for scrutiny of UK regulators’ impact on competitiveness against international peers

April 18, 2024

Greater comparison of the UK's financial regulators to their international counterparts is needed to better evaluate their secondary objective for competitiveness and growth, a top City body has argued.
Lendinvest: Property fintech ‘cautiously optimistic’ for return to profitability in 2025

April 18, 2024

Property fintech LendInvest has said it expects to report full-year results in line with market expectations and is "cautiously optimistic" for a return to profitability in 2025, as the mortgage market rebounds.
Highest monthly car insurance rates ‘very hard’ to justify, industry boss admits

April 17, 2024

A boss at the trade body for British insurers told MPs today that the highest rates paid by motorists for monthly cover are “very hard” to justify, as the industry faces criticism for hiking prices amid the cost of living crisis.

Deloitte confirms tax head to replace Richard Houston

Will AI replace gambling as Premier League front-of-shirt preference?

Rolls-Royce to launch ultra-exclusive Coachbuild Collection

By: Lars Mucklejohn

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