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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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.

Trump promises to hit Iran very hard, after president vows to never surrender

Fifa’s credibility is shot because it can’t decide what it wants to be

Ford Mustang Sutton CS800DH review: Taming a wild horse

By: Lars Mucklejohn

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