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 1061 Articles

Rich people’s problems: Confidence in economy hits record low among wealthy Brits

February 13, 2025

Confidence in the economy among high net worth Brits has tanked since the election of a Labour government last summer, according to data from the Saltus Wealth Index. The study, which questioned 2,000 people in the UK with assets of £250,000 or more, revealed just under half – 48 per cent – of these so-called [...]
Barclays and Natwest to set tone for Big Four banks in year ahead

February 12, 2025

As Britain’s Big Four banks prepare to post annual results, analysts expect “strong” performances, but warned of long-term challenges. Barclays and Natwest will lead the first round of results this week, with the pair reporting on Thursday and Friday respectively. This will be followed by HSBC on February 19 and Lloyds on February 20. The [...]
Goldman Sachs scraps diversity rule that ‘served its purpose’

February 12, 2025

Goldman Sachs has scrapped a diversity rule which barred it from advising all male, all white boards on company flotations. The now-ditched rule stated the investment bank would only help a business sell its shares on a stock exchange if it had two board members that fitted diversity requirements – one of whom had to [...]
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 [...]

Greggs deals help Gerald Ronson’s forecourt business post £100m profit

PM Starmer asked to back £500m Alexandra Palace darts injection

The chimp paradox and City wellbeing: managing your emotional brain at work

By: Samuel Norman

All 1061 Articles

Subscribe