By: Samuel Norman

City Reporter Samuel is a City Reporter who joined City AM at the beginning of 2025. He has a gold-standard NCTJ qualification and covers banking, fintech, financial markets and more across the City. Previously he has written for the Daily Mail, The i Paper and worked for Sky News. He can be contacted at samuel.norman@cityam.com and can be found on LinkedIn and at x.com/samnormanwrites.

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Arbuthnot: Lender has ‘key advantage’ ahead of Bank of England rate cuts

April 8, 2025

Arbuthnot Banking Group is well-positioned for further interest rate cuts from the Bank of England, according to analysts despite its profit dropping by more than £10m during its latest financial year. The lender booked a £35.1m pre-tax profit in its full-year results – a drop of over £10m from 2023. Arbuthnot’s net interest margin – [...]
How global market chaos took hold – from Asia, across Europe and into the US

April 8, 2025

In what was nothing short of a horror show; global markets endured a volatile day of trading on Monday as Trump doubled down on his tariff agenda. The session began in the Asia-Pacific where, before the UK had even woken up, stock markets plummeted on a scale not seen in decades. In his ‘Liberation Day’ [...]
Bitcoin plummets as chaos of Trump’s tariffs spread to crypto

April 7, 2025

The chaos of Trump's tariffs has spread across Bitcoin and the cryptocurrency market, with digital assets taking a hit.
Barclays, HSBC, Bank of America bosses hold crisis tariff talks

April 7, 2025

Chief executives at the world’s biggest banks have held talks on the fallout of Trump’s tariff onslaught. Bosses from Bank of America, HSBC, Barclays and Citi discussed the global chaos triggered by Trump’s ‘Liberation Day’ in a call on Sunday, according to Sky News’ Mark Kleinman. The call was organised by the Bank Policy Institute [...]
FTSE 100 companies to bolster top bosses’ pay and accelerate reviews

April 7, 2025

FTSE 100 companies are looking to bolster executive pay and fast-track review periods in a bid to remain competitive with US peers, according to fresh research from Deloitte. The firm’s report showed 24 of 55 companies that published their annual reports for 2024 have sought shareholder approval for new pay policies. This is up from [...]
Barclays and Natwest stock plunge warns of ‘looming global recession’

April 7, 2025

The FTSE 100’s banking giants have weighed on the index since Trump’s tariff onslaught and analysts have warned their losses could be a global recession indicator. Barclays plummeted nearly five per cent during midday trading on Monday. The lender has lost nearly 20 per cent in the last five days. Meanwhile, Natwest sank over seven [...]
HSBC and Standard Chartered shares sink as ‘outsized’ Asian tariffs bite

April 7, 2025

Shares in banking giants HSBC and Standard Chartered have taken a significant hit as the global trade war ramps up. HSBC was down nearly three per cent in early trading on Monday. The lender’s losses in the last five days have now topped 15 per cent. Meanwhile, Standard Chartered plunged nearly four per cent, with [...]
UK fintech Clearbank bolsters fee income amidst European expansion

April 7, 2025

London-based fintech Clearbank announced full-year results for the first time at group level following the business’ expansion across Europe. The firm, which is an enabler of real-time clearing and embedded banking, reported a 63 per cent increase to £53.3m in its fee-based income. Total deposits managed by the fintech reached £10.8bn – up 77 per [...]
Close Brothers shares crash as analysts expect ‘refined’ motor finance ruling

April 4, 2025

Shares in FTSE 250 lender Close Brothers fell as much as eight per cent on Monday as the landmark motor finance hearing came to a close. At the Supreme Court case, Close Brothers attempted to overturn the Court of Appeal’s October ruling that it was unlawful for banks to pay a commission to a car [...]
FTSE 100 sinks as S&P 500 and Dow Jones plummet on open

April 4, 2025

The pain continued for global markets on Friday, as the S&P 500 and Dow Jones joined the FTSE 100 in the red. The FTSE 100’s downturn deepened following China’s announcement of 34 per cent retaliatory tariffs against the US. The index closed at 8,063.12, making a 4.9 per cent loss. This marked the FTSE 100’s [...]

You cannot be serious! Smashed John McEnroe racket set to be sold at auction

You cannot be serious! Smashed John McEnroe racket set to be sold at auction

Golf, events and bags of nostalgia at Newport’s Celtic Manor

By: Samuel Norman

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