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By: Samuel Norman

City Reporter Samuel is a City Reporter for City AM covering banking, fintech and more across the City. He is a gold-standard NCTJ qualified journalist who's previously worked at the Daily Mail and Sky News. He can be contacted at samuel.norman@cityam.com and posts at x.com/samnormanwrites.

All 1038 Articles
  • Bitpanda set to shake up UK crypto market after FCA approval

    February 12, 2025

    European crypto platform Bitpanda is set to expand operations across the UK following approval from the City regulator. The Financial Conduct Authority (FCA) has permitted Bitpanda to bring its suite of 500 cryptocurrencies to the UK market.  Bitpanda’s entry adds to the increasing pressures across traditional banks as they face competition from the modern abilities [...]

  • Natwest: FTSE 100 bank’s share price scoops ten-year high

    February 11, 2025

    Shares in Natwest were touching a ten year high on Tuesday morning, ahead of the bank posting its annual results on Friday.   At market open, share price was at 442.70p edging towards the high of 445.85p achieved in February 2015.  The lender hit its highest share price since 2015 last month, and continued to rally [...]

  • Sadiq Khan: Home-working risks London ‘hollowing out’

    February 11, 2025

    Sir Sadiq Khan has raised the alarm on working from home, saying London “cannot afford” to be a city where “the centre has been hollowed out”. The London Mayor urged employers to consider the post-lockdown effect on commuters across the capital, as first reported by the BBC. Khan added unease regarding the amount of young [...]

  • AIM-listed companies stall on gender diversity

    February 11, 2025

    AIM-listed companies have been accused of having their “head in the sand” when it comes to ensuring gender diversity on company boards after new research revealed representation to have stalled. The number of women holding directorships in AIM companies remained at one in six over the last year, according to an annual gender diversity report [...]

  • Lloyds partners with ‘Duolingo of money’ to target Gen Z

    February 10, 2025

    Lloyds Bank has partnered with fintech platform Doshi to improve young people’s financial literacy through “gamified learning”. The Big Four bank is launching a six month pilot, targeting 18 to 24 year-olds to make financial education “fun and accessible”.  Doshi’s founder Daniel Rose told City AM high street banks do not have “much time left” [...]

  • Danske Bank shares surge after record profit haul

    February 7, 2025

    Shares in multinational lender Danske Bank surged on Friday after the lender beat forecasts with record annual profits. In its full-year results, Denmark’s biggest bank said it had raked in profits of £2.6bn on the back of a boost in “customer activity” along with low loan losses . The bank, which has had offices in [...]

  • Lloyds places thousands of jobs under review in tech overhaul

    February 7, 2025

    Lloyds Banking Group has placed thousands of jobs in its IT division under review as the lender races to beef up its engineering teams and modernise its digital banking offer, City AM can reveal. The FTSE 100 bank told some 6,000 tech and engineering staff on Wednesday that their jobs may be at risk of [...]

  • What the Bank of England interest rate cut means for your money

    February 6, 2025

    Consumers need “careful financial planning in the months ahead” after the Bank of England cut interest rates on Thursday, wealth manager Quilter has warned. Financial planner at Quilter Holly Tomlinson said the 25 basis point cut will be “good news” for borrowers, whilst savers will be stung by lower returns on deposits.  Tomlinson said: “Banks [...]

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