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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

All 1164 Articles
  • City firms face increasing regulatory burden from post-Brexit overhauls

    March 20, 2024

    City firms are facing increased regulatory pressure, according to new data shared exclusively with City A.M., as the UK and EU diverge on financial services rules.

  • One year on from Credit Suisse deal, $100bn UBS finally has the scale to take on Wall Street

    March 19, 2024

    Swiss banking giant UBS has reinforced its status as one of the world's leading wealth managers after its market capitalisation sailed past $100bn shortly before the first anniversary of its landmark deal to acquire rival Credit Suisse.

  • Banks commit to more hubs as government demands improved cash access

    March 19, 2024

    The UK's biggest high street banks have pledged to identify nearly 200 new places for shared banking hubs and upgrade dozens of locations after calls from the Treasury to improve access to cash.

  • Pet retailer Jollyes’ former owner Kester Capital sees robust demand for new fund

    March 19, 2024

    Kester Capital's latest fund has closed £50m ahead of target at £200m as the low mid-market private equity firm attracts new blue-chip institutional investors.

  • Sabre Insurance: Motor insurer posts record premium income on the back of price hikes

    March 19, 2024

    Sabre Insurance has posted a record premium income after the motor insurer reaped the benefits of price hikes while offsetting the impact of claims inflation.

  • Close Brothers plans to bolster finances by £400m for FCA motor finance probe

    March 19, 2024

    Close Brothers has outlined measures that could boost its capital position by around £400m as the merchant banking group faces potential compensation costs tied to a Financial Conduct Authority (FCA) review into historic unfair car loans.

  • Prime London house prices languish at decade low as wealthy turn to renting

    March 19, 2024

    Prime property prices in the capital have remained at 2014 levels, according to new data, while the market's rental segment sees a boost.

  • Nationwide’s Virgin Money bid heralds new era for mutuals’ challenge to big banks

    March 18, 2024

    Nationwide, the world's largest building society, is gearing up for the UK's biggest banking tie-up since the financial crisis as it looks to finalise a £2.9bn takeover deal for high street rival Virgin Money in the coming weeks.

  • Monzo reportedly in talks to sell stake to Singaporean state fund

    March 18, 2024

    Digital challenger bank Monzo is reportedly close to landing a roughly $50m (£39.3m) funding round with a Singaporean sovereign wealth fund, just weeks after securing a near-£4bn valuation.

  • UK credit card debt jumps as household finances squeezed in warning sign for the economy

    March 18, 2024

    Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.

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