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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Etoro could snub London for New York IPO despite UK focus

March 10, 2024

UK-focused stock trading platform Etoro is exploring a New York IPO at a valuation of more than $3.5bn (£2.7bn) despite doing most of its business in Europe.
Richard Branson ‘set for £650m payout’ from potential Nationwide takeover of Virgin Money

March 10, 2024

Sir Richard Branson is set to receive upwards of £650m from a potential takeover of his challenger bank Virgin Money by Nationwide, it has been estimated.
Primarybid ditches UK consumer app to ramp up international expansion

March 10, 2024

London-based retail investment platform PrimaryBid is preparing to cut its UK consumer app in order to increase spending on overseas expansion.
Metro Bank’s costs in focus as lender embarks on major restructuring

March 9, 2024

Investors will be looking for more clues on Metro Bank's revamped strategy next week as the lender prepares to draw a line under a year that saw it rescued from potential collapse.
Ban NDAs used to ‘cover up’ sexual harassment in the City, MPs urge

March 8, 2024

Non-disclosure agreements (NDAs) that have been “misused” to “cover up” sexual harassment in the Square Mile should be banned, MPs have urged, in a damning set of findings on sexism in the financial services industry.
Admiral posts 23 per cent jump in profit on price hikes but lowers dividend

March 7, 2024

Insurer Admiral has posted a surge in profits as it reaped the benefits of price hikes, offsetting the impact of higher claims inflation.
Aviva: Costs down, profits up, and a private healthcare boom as Britain gives up on the NHS

March 7, 2024

Insurance giant Aviva has posted a rise in annual profits as it rewards shareholders with a £300m buyback and upgraded dividend guidance.
Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest UK mortgages and savings provider

March 7, 2024

Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn.
Spring Budget 2024: High earners set to pay more tax under band freeze, analysis suggests

March 6, 2024

Chancellor Jeremy Hunt has announced that National Insurance will be cut by 2p to lower the tax burden ahead of a general election. But analysis from investment platform AJ Bell has found that high earners are set to pay more overall under the government's tax band freeze.
Spring Budget 2024: Hunt plans Natwest government share sale this summer as Farage says debanking row ‘far from over’

March 6, 2024

Chancellor Jeremy Hunt has outlined plans for the government to begin selling part of its stake in Natwest to the general public "at the earliest opportunity" this summer, as part of wider efforts to boost stock market investment.

Harry Potter and the Cursed Child suffers £10m hit

Newcastle Red Bulls, Dupont and ITV: Top rugby business stories of 2025

City AM The Magazine nominated for top awards

By: Lars Mucklejohn

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