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By: Samuel Norman

Senior City Reporter Samuel is a Senior City Reporter covering all the top financial institutions from retail banks to fintechs as well as stories on capital markets and economics. He has broken stories on some of the biggest names in the City and regularly writes in-depth analysis pieces on companies and industry trends. Samuel also leads on City AM's morning liveblog from 7am everyday. He writes a weekly column found in print and online on Wednesdays. He can be contacted at samuel.norman@cityam.com and posts on LinkedIn and X at x.com/samnormanwrites.

All 1619 Articles
  • Public trust in pensions declines for the first time in five years

    May 14, 2025

    The government is facing a fresh headache in its pension reform plans as new research shows trust in the industry declined for the first time in five years. Average trust in the industry has dipped to 5.23 out of 10, from a peak of 5.26, according to the fifth Trust and Confidence Index released by [...]

  • Exclusive: JP Morgan’s City of London office vandalised

    May 14, 2025

    JP Morgan’s London office was left in ruin on Wednesday morning after a brutal act of vandalism.  Victoria Enbankment staff were met with smashed windows and an assault of red paint across building walls upon reaching their office.  Security had cordoned off all entrances to the bank, with staff exiting through guarded side doors.  JP [...]

  • Rank: Grosvenor casino owner hits jackpot as laws relaxed

    May 14, 2025

    Rank Group – the owner of UK-based chain Grosvenor casinos – is set to ramp up the number of gaming machines in its casinos after the government said it would relax gambling laws. Shares in the group soared nearly eight per cent on Wednesday morning. The firm said the government’s review of the 2005 Gambling [...]

  • Vanquis shares jump after recovery from complaints storm

    May 14, 2025

    Shares in Vanquis Banking Group rose on Wednesday after the firm said it had swung back into profitability following a major blow from complaints in 2024. The London-listed bank’s stock was up nearly seven per cent as markets opened, trading above 75p. The Bradford-based lender recorded £2bn in net receivables, the total money expected to [...]

  • FCA to rip up insurance rules in drive for growth

    May 14, 2025

    The Financial Conduct Authority has outlined plans to ditch “outdated or duplicated” insurance rules in a bid to help firms reduce costs and drive competition. The City regulator’s fresh proposals would hand firms greater responsibility over reviewing the value of their product. This would involve companies using the risks and characteristics of each individual product [...]

  • Zopa Bank: UK fintech raises £80m with its first LSE bond listing

    May 14, 2025

    Zopa Bank has raised £80m in its first-ever London Stock Exchange bond listing as it gears up to launch current accounts. The fintech will transfer to an unlisted public company within six months following the transaction as it inches closer to the possibility of a float on the LSE. The oversubscribed fundraise was completed on the [...]

  • Revolut, Allica, Zopa: Analysts back ‘enduring value’ of UK fintech

    May 13, 2025

    UK fintech received a wealth of praise from Peel Hunt analysts in a fresh sector note following a year of rapid growth for the industry. Fintech firms booked record profits in 2024 and have transitioned from disrupting the banking climate to direct competition with traditional lenders. Revolut topped 52.5 million customers in 2024, surpassing Europe’s [...]

  • Treasury meets Monzo and Revolut bosses amid plea for London listings

    May 13, 2025

    The Treasury courted top UK fintech names including Monzo and Revolut on Tuesday in hopes of convincing the country’s most valuable unicorns into listing on the London Stock Exchange. Emma Reynolds, economic secretary to the Treasury, met with bosses from Monzo, Revolut, Clearscore and Oaknorth. Chief executive of the London Stock Exchange Dame Julia Hoggett [...]

  • Barclays: Shares in FTSE 100 giant near decade high after upgrade

    May 13, 2025

    Barclays has received a major boost after the FTSE banking giant posted a bumper first quarter, driven by a strong performance in its investment arm. Analysts at RBC have upgraded Barclays’ shares, slapping a 340p target price on the stock – a 14 per cent increase.  Shares edged up 0.2 per cent during early trading [...]

  • FTSE 100 banks Lloyds and Natwest set to profit despite lower interest rates

    May 13, 2025

    Amidst a backdrop of waning interest rates, FTSE 100 banking giants such as Lloyds and Natwest look set to continue to profit, according to analysts. Lenders’ takings from net interest income (NII) remained steady in the first quarter, even after the Bank of England chopped interest rates four times to 4.5 per cent.  Since then, [...]

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