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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
  • CMC Markets soars 26 per cent after raising income guidance as volatility pulls traders back to its platforms

    January 8, 2024

    CMC Markets has raised its full-year operating income guidance after noting better market conditions.

  • CFOs are more confident – but the UK’s low productivity is a growing concern

    January 8, 2024

    Finance chiefs at Britain's largest firms have shown increased confidence in the economy as their concern shifts away from inflation and high interest rates to geopolitical risks and the UK's low productivity.

  • Major BP investors pushing for BAE chief to be next CEO

    January 7, 2024

    Several major investors in BP have reportedly urged the oil and gas giant to approach Charles Woodburn, boss of defence firm BAE Systems, about becoming its next chief executive.

  • Bob Diamond says Barclays should be ‘radical’ on investment bank amid calls to ditch division

    January 7, 2024

    Former Barclays chief executive Bob Diamond has called on the lender to be “radical” with its investment bank by either putting more money into the business or selling it.

  • Grant Thornton axed from top flight of audit supervision after removing high-profile clients

    January 7, 2024

    Accountancy firm Grant Thornton has been cut from the industry watchdog’s top tier of audit supervision after removing a number of high-profile clients.

  • Don’t give up on St James’s Place, Hargreaves Lansdown, Abrdn and Schroders just yet, says broker

    January 4, 2024

    There are signs of hope for asset and wealth management firms in 2024 despite structural issues battering the industry, according to one broker, as the prospect of near-term interest rate cuts offers a boost to investment performance.

  • UK banks set for strong earnings in 2024 despite margin pressures, S&P says

    January 4, 2024

    UK banks are set to see strong earnings in 2024, according to ratings agency S&P, due to robust credit fundamentals and easing margin pressures.

  • Selfridges co-owner’s luxury Alpine villa targeted in row over unpaid taxes: reports

    January 4, 2024

    Austrian real estate tycoon Rene Benko, the co-owner of Selfridges, faces losing his alpine home after tax authorities placed a security on it to cover years of allegedly unpaid taxes.

  • Government quietly lowers stake in Natwest as it crystallises loss for taxpayers

    January 3, 2024

    The government has quietly sold nearly 1.03 per cent of its shares in Natwest as it continues to reduce its stake in the bank since bailing it out during the financial crisis.

  • Brits urged to act as a quarter have never switched savings account despite record rates

    January 3, 2024

    Savers have been urged to be more proactive as new research shows that nearly a quarter have never switched to a different savings account or opened an additional one.

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