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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Complaints about banks’ handling of fraud hit record high

November 27, 2024

Official complaints about banks' handling of fraud have hit a quarterly record as the sector comes under new rules to reimburse scam victims.
UK proposes earlier banker bonuses in bid to boost competition

November 26, 2024

UK regulators have officially laid out plans for the country’s top bankers to get their bonuses years earlier in a bid to boost competition with rival jurisdictions. The Bank of England’s Prudential Regulation Authority (PRA) and City watchdog the Financial Conduct Authority (FCA) published proposals on Tuesday to reduce the bonus deferral period for most [...]
Monzo names new finance chief in hint at listing plans

November 26, 2024

Monzo has appointed former Nubank executive Tom Oldham to be its chief financial officer as the digital challenger bank hinted at its IPO ambitions.
Canaccord Genuity launches strategic review of UK wealth arm

November 26, 2024

Investment bank Canaccord Genuity has reportedly launched a strategic review of its UK wealth management business amid a barrage of consolidation in the sector.
London maintains tech capital crown but New York threatens

November 26, 2024

London has kept its title as the tech capital of the world in a closely-watched league table, while New York edged closer to reclaiming the crown.
Co-op Bank unveils £90m dividend ahead of Coventry sale

November 26, 2024

The Co-operative Bank is to pay out £90m to investors after reporting lending growth in the third quarter, ahead of a £780m tie-up with Coventry Building Society.
Neobroker Lightyear to launch ISAs in challenge to Hargreaves Lansdown

November 25, 2024

Neobroker Lightyear has received approval from the City regulator to launch as a fully-fledged investment firm in the UK amid intensifying competition in the sector.
Halma shares hit three-year high as FTSE 100 firm breaches record £1bn revenue

November 21, 2024

Shares in safety products conglomerate Halma soared to a three-year high on Thursday after the FTSE 100 group's first-half revenue surpassed £1bn for the first time.
HSBC poaches Citi veteran to lead Innovation Banking

November 21, 2024

HSBC has poached Citigroup veteran Emily Turner to be chief executive of its Innovation Banking arm, formerly known as Silicon Valley Bank UK. Turner is due to join the bank in February, subject to regulatory approval, succeeding Erin Platts – who will join investment firm Octopus Ventures in the new year. A 13-year veteran of [...]
UK inflation set to jump above target in headache for Rachel Reeves

November 18, 2024

UK inflation is expected to have surged above the Bank of England's two per cent target in October, bolstering a cautious approach to cutting interest rates in the months ahead.

Ageing workforce puts London’s specialty insurance sector at risk

Exclusive: Welsh Rugby Union risks £4m hit as 55,000 Six Nations tickets unsold

How to look fabulous on your ski holiday (and save thousands)

By: Lars Mucklejohn

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