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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 1316 Articles
  • FTSE 100 giant ICG bulks up as demand for alternatives grows

    July 16, 2025

    Global alternative asset manager Intermediate Capital Group (ICG) experienced a strong first quarter of its 2025 financial year, as investor appetite for private equity-style returns continued to grow. The London-listed firm raised $3.4bn (£2.5bn) in the three months to June 30. This was led by ICG’s Europe IX fund, which targets mid-caps across the region, [...]

  • Rachel Reeves launches major fintech push to galvanize listings

    July 15, 2025

    Rachel Reeves has laid out the government’s plans to make the UK the world leader in fintech in the Chancellor’s latest effort to attract a fleet of listings from the industry.  Reeves today unveiled the Treasury’s Financial Services Growth and Competitiveness Strategy, in which she laid out her vision to make the UK the “world’s [...]

  • Rachel Reeves accelerates deregulation push in Leeds Reforms

    July 15, 2025

    Rachel Reeves has laid out plans to “rewire” the financial services system in a deregulation push as part of her Leeds reforms package. The Chancellor said the plans will make the UK the number one destination for financial services businesses by 2035 as the government “doubles down on the UK’s global strengths”. The Leeds Reforms [...]

  • Bank of England unveils shake up of financial crisis banking rules

    July 15, 2025

    The Bank of England has unveiled a sweeping package of reforms aimed at easing the regulatory burden on smaller and mid-sized banks, marking a major shakeup of the post-financial crisis rulebook.  The central bank’s changes include a one-year delay to key parts of the Basel 3.1 reforms – the UK’s version of international banking rules [...]

  • Starling mulls US listing in blow to Rachel Reeves’ fintech push

    July 15, 2025

    The finance boss of Starling Bank has confirmed the firm is open to a US listing in a blow to Rachel Reeves’ hopes for a fintech-powered London market revival. Declan Ferguson, the chief financial officer of Starling, said the fintech had not formed a “concrete view” on which market the neobank would be most suited [...]

  • Robert Walters: Recruiter’s income slumps as tariff pressures bite

    July 15, 2025

    Recruiter Robert Walters took a hit to income in the second quarter of 2025 as economic pressures weighed on hiring. The group recorded a 13 per cent slump in net fee income to £72.7m as “macroeconomic uncertainty became more pronounced”. Fee income from specialist professional recruitment fell 14 per cent to £60.7m. Meanwhile, recruitment outsourcing [...]

  • Close Brothers drops brewery arm amid operations overhaul

    July 15, 2025

    Close Brothers is set to sell off its specialist service provider division for the beer industry as the banking group continues to overhaul operations. The FTSE 250 listed group established Close Brewery Rentals Limited (CBRL) in 2007, which provides keg and cask rental, leasing, and management services for breweries and beverage producers. The division offers [...]

  • Exclusive: Panmure Liberum to ‘reinvigorate’ City market with banking tie-up

    July 15, 2025

    Investment bank Panmure Liberum has joined forces with Nedbank in a push to expand their reach across equity capital markets and drive dual-listings across the UK and South Africa. London-headquartered Panmure will collaborate with Nedbank’s corporate and investment banking division to produce equity research across UK and South African markets. The deal aims to provide [...]

  • Rachel Reeves eyes boost for first-time buyers with mortgage reforms 

    July 15, 2025

    Rachel Reeves will today unveil a fleet of reforms in a bid to boost home ownership as she plans to slash ‘financial red tape’. Speaking in Leeds ahead of her Mansion House address, the Chancellor will announce plans for the Prudential Regulation Authority (PRA) to increase high loan-to-income mortgages (over 4.5 times a buyer’s income) [...]

  • Natwest boss: No path to growth without financial services

    July 14, 2025

    The boss of banking juggernaut Natwest has issued a final plea to Rachel Reeves on the eve of her Mansion House speech, urging the Chancellor to fully unleash financial services’ growth potential. Paul Thwaite, Natwest’s chief executive, said there was “no path to growth without [financial services]” as he called for Reeves to make key [...]

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