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.

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FTSE 100 Live: Stocks jittery as Trump eyes Iran ‘grand bargain’; Reeves to meet Bessent

April 15, 2026

Good morning and welcome back to the City AM liveblog. Hopes of peace talks in the Middle East were back on the table this morning, though markets weren’t holding there breathe after weeks of bait-and-switches. Donald Trump described the war with Iran as “close to over” during an interview with Fox news. “I think it’s [...]
Clearbank deposits balloon amid growth at Revolut and Coinbase

April 15, 2026

The banking backbone behind the likes of Revolut and Coinbase has recorded a surge in deposits and revenue as client activity hit record levels Clearbank, which launched in 2017 to provide banking infrastructure and embedded services to challengers, posted a 65 per cent jump in deposits in 2025, reaching £17.8bn. The growth came as the [...]
Why Nationwide’s £7m boss was worth splashing the cash for

April 15, 2026

Nationwide splashed the cash on it’s top boss, Debbie Crosbie, in this week’s column Samuel Norman asks if they got their monies worth. Nationwide has been proclaimed Britain’s best bank. The UK’s largest building society – which is, in fact, not a bank due its status as a mutual – has been handed the crown [...]
‘Complex risks’: Jamie Dimon strikes cautious tone as JP Morgan profit beats target

April 14, 2026

JP Morgan boss Jamie Dimon struck a cautious tone on Tuesday as the Wall Street bank revealed a major bump to its bottom line on the back of a boom in investment banking. The US banking giant recorded a net income of $16.5bn in the first-quarter, up 13 per cent from the same period in [...]
Barclays and Deutsche most at risk to private credit ‘profit blow’

April 14, 2026

Fears that private credit could spell trouble for the global financial system have been further amplified following a new report that forecasts losses associated with the sector could slash profits at top European banks. Banking giants Deutsche and Barclays rank among “most exposed” banks to a private credit reckoning due to their north of three [...]
Wall Street bankers’ bonuses leapfrog City in ‘less impressive’ year

April 14, 2026

Wall Street bankers have leapfrogged ahead of the City as the industry’s swelling bonus pot proved “far less impressive” than prior expectations. In the US, the average bonus scored was $154,344 (£114,00) in 2025, marking a 5.85 per cent uplift from the year prior. This also topped the industry average growth of 4.4 per cent. [...]
BP toasts to ‘exceptional’ oil trading after Iran volatility

April 14, 2026

Energy giant BP has forecast “exceptional” results in its oil trading division after a period of volatility in prices triggered by the war in the Middle East. The FTSE 100 oil major said upgraded its outlook on Tuesday, which marks a sharp recovery from the “weak” performance reported in the final quarter of 2025. The [...]
FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins

April 14, 2026

Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]
Goldman Sachs beats trading haul record by $1bn after Iran volatility

April 13, 2026

Goldman Sachs equities traders have beaten their all-time quarterly high as the Wall Street titan revealed a major market haul amidst the volatility triggered by the Middle East. The banking giant’s stock division reaped $5.3bn (£3.9bn) in revenue for the first quarter of the year, surpassing the previous record of $4.3bn secured by the bank [...]
Gocardless axes 90 jobs as UK fintech targets profitability

April 13, 2026

UK fintech Gocardless has taken the chop to its workforce as the firm sets its sights on breaking into the black in the new financial year. The London-based firm, which specialises in bank-to-bank payment solutions, said it had made a redundancy provision for around 90 roles in the year ending 30 June 2025. This led [...]

Tour de France Femmes: World famous cycling race plunged into bra row

Tour de France Femmes: World famous cycling race plunged into bra row

Vauxhall Mokka GSE review: on-track in the most surprising car of 2026

By: Samuel Norman

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