Tom Hayes and Carlo Palombo: Leading politicians say ex-bankers’ rate-rigging appeal should go to Supreme Court April 3, 2024 Three senior politicians have called for two ex-bankers jailed for rigging interest rates to have their appeal heard by the Supreme Court.
As Morgan Stanley commits to Canary Wharf is the hub turning a corner? April 3, 2024 Morgan Stanley has agreed to stay in Canary Wharf for another 14 years, in a welcomed boost for the east-London banking district following a string of high profile departures.
Nationwide branch ads starring Dominic West banned by watchdog as misleading April 3, 2024 Adverts for Nationwide starring actor Dominic West have been banned by the advertising regulator for misleading consumers that the lender would not close branches like its rivals.
Here are the top five stocks on the FTSE 100 this year March 30, 2024 As the first quarter of 2024 comes to an end, City A.M. looks at the top five best-performing stocks on the FTSE 100 so far this year.
Adnams: Alcohol giant names first female chief in its 150-year history March 28, 2024 Beer, spirits and hospitality group Adnams has hired its first female chief executive in its more than 150-year history.
Tom Hayes: Court upholds Libor conviction as top MP warns London now an ‘outlier’ March 27, 2024 The Court of Appeal has upheld the conviction of former Libor trader Tom Hayes today after he spent years in prison for rate-rigging – with one MP saying the decision made the capital an “outlier” compared to other financial capitals. On Wednesday, Lord Justice Bean read out a press summary at the Court of Appeal, [...]
More s**t than ever before – 2023 was the worst year for sewage spills on record March 27, 2024 Toxic chemicals that remain in ecosystems for decades pollute every stretch of English rivers.
Buy now, fail later? Banks struggle to cash in on Klarna’s success March 27, 2024 Natwest recently confirmed it would axe its buy-now pay-later scheme. Industry experts suggest the move could be a sign of things to come as traditional lenders struggle to gain a foothold in the market.
The Co-operative Bank to slash 400 jobs in cost-cutting drive March 26, 2024 The Co-operative Bank has announced that it plans to cut around 400 jobs as the lender looks to reduce costs.
Closing the gap: Now is the time to give women the money they need March 26, 2024 A mile marker for all start-ups is funding, but for so many female founders, it has become less of a marker of success and more of a roadblock.