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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Synthomer shares soar after polymer firm sees ‘cautiously encouraging’ start to 2024

March 12, 2024

Shares in chemicals group Synthomer soared 31 per cent on Tuesday in their biggest one-day jump ever after the firm said trading so far this year had been "cautiously encouraging", despite reporting a fall in revenue.
Starling Bank poaches Big Six energy boss ahead of planned London listing

March 12, 2024

Digital challenger Starling Bank has appointed OVO boss Raman Bhatia as its permanent chief executive, taking over from interim CEO John Mountain.
Mortgage arrears surge 50 per cent to seven-year high as Brits squeezed by higher rates

March 12, 2024

The proportion of UK mortgages in arrears rose to its highest level since 2016 at the end of 2023, according to data from the Bank of England, as borrowers are squeezed by high interest rates and household costs.
Impax posts rise in assets under management despite ESG exodus

March 12, 2024

ESG-focused Impax Asset Management has reported an uptick in assets under management (AUM) as the wider sector grapples with higher outflows from sustainable funds.
Old Mutual expects up to 45 per cent jump in profit on ‘exceptional growth’ in new business

March 12, 2024

Pan-African financial services group Old Mutual has said it saw profits surge as much as 45 per cent last year due to “exceptional growth” in new business.
Cashplus: Digital challenger to rebrand as Zempler Bank this summer

March 12, 2024

Challenger bank Cashplus will rebrand as Zempler Bank this summer to reflect its range of digital products and authorisation as a bank.
Silicon Valley Bank one year on: Is another banking crisis around the corner?

March 12, 2024

One year on from the collapse of Silicon Valley Bank - could another crisis be around the corner?
Vanquis shares crater as bank issues profit warning amid surge in third-party claims

March 11, 2024

Shares in Vanquis Banking Group tumbled as much as 43 per cent on Monday morning after the specialist lender said it expects profit to come in "substantially lower" than analysts' estimates in 2024 from costs tied to restructuring and a surge in third-party claims.
Griffin: UK’s newest bank lands £19m funding round as it looks to scale

March 11, 2024

Griffin, the UK’s newest fully operational bank, has secured a $24m (£19m) funding round as it looks to take on new customers for its Banking as a Service (BaaS) platform.
London fintech Flagstone notches £108m US private equity funding as it eyes international expansion

March 11, 2024

UK fintech savings platform Flagstone has landed £108m funding from US private equity firm Estancia Capital Partners as it looks to tackle savings inertia and ramp up international expansion.

Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

Royal Ascot worth £140m to UK economy

The best places to eat sandwiches in Lisbon, from bifanas to pregos

By: Lars Mucklejohn

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