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By: Samuel Norman

Senior City Reporter Samuel is a Senior City Reporter covering banking and fintech as well as stories on capital markets and economics. He also leads on City AM's morning liveblog from 7am everyday. He has previously written for the Daily Mail and The i Paper and worked for Sky News as an election stringer. He enjoys writing in-depth analysis of major blue-chip firms and start-ups and also industry trends. He can be contacted at samuel.norman@cityam.com and posts on LinkedIn and X at x.com/samnormanwrites.

All 1552 Articles
  • Jaguar Land Rover reboots US car exports despite tariff woes

    May 3, 2025

    Jaguar Land Rover has begun sending cars to the US again after halting shipping on the back of President Donald Trump’s trade war. The first batch of vehicles headed to the US in nearly a month shipped out from the UK on Wednesday, as first reported by The Times. The British firm paused deliveries across [...]

  • FTSE 100 on track for longest winning streak ever

    May 2, 2025

    The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April.  Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]

  • Standard Chartered shares rise as wealth arm booms after market unrest

    May 2, 2025

    Standard Chartered shares edged up after the firm smashed profit expectations in the first quarter, but warned of the upcoming impact of geopolitical tensions. The bank’s stock rose nearly one per cent during early trading on Friday. The FTSE 100 lender booked $2.1bn (£1.6bn) in pre-tax profit, up from $1.9bn in the same period last [...]

  • Shell: FTSE 100 giant’s shares rise after unveiling buyback and profit hit

    May 2, 2025

    Shell recorded a sharp fall in first-quarter profits on Friday, after crude oil priced weakened amid geopolitical uncertainty. The FTSE 100 oil giant recorded adjusted earnings of $5.58bn (£4.2bn) for the first three months of the year. Whilst this surpassed analyst expectations of $4.96, it marked a stark fall from the $7.73bn reported for the [...]

  • Natwest shares jump as stamp duty rush and market chaos boost income

    May 2, 2025

    Natwest beat analysts’ first-quarter profit expectations after market volatility and a rush to beat stamp duty boosted takings. The FTSE 100 giant booked a £1.8bn pre-tax profit, surpassing the £1.6bn pencilled in by analysts. Shares in the lender rose over three per cent during early trading on Friday. Total income rose 3.8 per cent to [...]

  • Bank of America analysts slap ‘buy’ rating on Barclays shares

    May 1, 2025

    Bank of America analysts gushed over Barclays’ first-quarter performance, reiterating their ‘buy’ rating on the stock. Analysts said that while geopolitical-related concerns ahead of results were understandable, the lender “printed a strong set of numbers”. The FTSE 100 bank booked a £2.7bn pre-tax profit, ahead of the £2.5bn pencilled in. This was boosted by income [...]

  • HSBC on hunt for new chair as Mark Tucker to retire by year-end

    May 1, 2025

    HSBC chair Mark Tucker will retire by the end of 2025 after an eight-year stint at the lender, the bank has said. Europe’s biggest lender said Tucker would continue as a strategic adviser to Georges Elhedery, the lender’s chief executive, in his retirement. The Board’s Nomination and Corporate Governance Committee said it is already on [...]

  • Post Office extends banks’ cash deal as MPs call for mandated acceptance 

    May 1, 2025

    The Post Office has reached a five-year banking deal with lenders and building societies to keep cash services running amid a continued retreat of banks from the high street. This renewed deal follows research commissioned by the company, which found nine in ten people believe it is important to maintain access to cash. The partnership [...]

  • Lloyds’ finance boss slams ring-fencing amid waning growth forecast

    May 1, 2025

    Lloyds‘ finance boss raised the alarm on lenders’ ability to help drive growth due to restrictions from the ring-fencing regime. The bank trimmed its UK GDP expectations and has projected a rise in unemployment in the latest warning sign for the health of the British economy. The FTSE 100 giant pencilled in 0.2 per cent [...]

  • Lloyds costs soar as lender increases provisions after tariff turmoil

    May 1, 2025

    Lloyds Banking Group’s profit took a hit in the first three months of the year as the domestic-focused bank’s operating costs soared. The FTSE 100 giant, which includes Lloyds, Halifax and Bank of Scotland, met analyst expectations for pre-tax profit at £1.5bn – marking a seven per cent drop from the first quarter of 2024. [...]

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