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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Clearbank reports first annual profit as deposits double and customers boom

April 4, 2024

Clearbank has posted its first annual profit on the back of growth in fees, customers and deposits as its clients attracted business with competitive interest rates and sought security following high-profile bank failures last year.
Tom Hayes and Carlo Palombo: Leading politicians say ex-bankers’ rate-rigging appeal should go to Supreme Court

April 3, 2024

Three senior politicians have called for two ex-bankers jailed for rigging interest rates to have their appeal heard by the Supreme Court.
AIM-listed Alpha Group plots move to London’s main market as fintech looks to expand

April 3, 2024

AIM-listed fintech and consultancy firm Alpha Group International has confirmed its intention to move to the premium list of the London Stock Exchange's main market.
Peel Hunt expects second straight annual loss amid tough dealmaking market but sees green shoots

April 3, 2024

Peel Hunt expects to report a second straight annual loss for its last financial year as the investment bank grapples with a reduced appetite for dealmaking and IPOs.
Nationwide branch ads starring Dominic West banned by watchdog as misleading

April 3, 2024

Adverts for Nationwide starring actor Dominic West have been banned by the advertising regulator for misleading consumers that the lender would not close branches like its rivals.
World’s richest people revealed as top 20 add $700bn to their wealth

April 2, 2024

The world's 20 richest people have added around $700bn to their combined wealth over the last year, according to Forbes latest rich list.
Bank of England examining claim Metro Bank put customers’ money at risk with ‘pirated software’

April 2, 2024

The Bank of England is examining a claim that Metro Bank “pirated” a US company's software and put customers’ data at risk, City A.M. has learnt.
Brits lose more than £2.6bn to investment scams since 2020, pension body warns

April 2, 2024

Britons have lost more than £2.6bn to investment fraud since the start of 2020, according to new research, as experts warn of the rise of scams originating on social media.
UBS to launch new share buyback as Credit Suisse deal continues to pay off

April 2, 2024

Swiss banking giant UBS has promised to launch a new share buyback programme of up to $2bn, after suspending its previous plan last year following its acquisition of former rival Credit Suisse.
Donald Trump’s social media company posts $58m annual loss despite $8bn stock market valuation

April 1, 2024

Former US president Donald Trump's social media firm has reported a $58m loss for 2023, despite its valuation soaring to more than $8bn in its stock market debut last week.

Britain is using AI, but wants a human boss

Could jet fuel shortages stop fans going on holiday to Fifa World Cup?

5 amazing things to see at the Barbican’s 1996 exhibition

By: Lars Mucklejohn

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