Bank of Ireland’s UK arm hit with £3.8m fine for fraud failures February 19, 2026 The Bank of Ireland’s UK arm has been slapped with a hefty fine after failing to hit the deadline by over a year to implement an anti-fraud service. The lender was hit with a £3.7m fine from the Payments Systems Regulator (PSR) for missing the deadline by 14 months for a “vital” service that would [...]
Rolls-Royce shares hit new high as FTSE 100 rallies to record February 18, 2026 Rolls-Royce was among a whole host of City heavyweights storming higher on Wednesday helping the FTSE 100 seal another record. The aerospace giant jumped 2.2 per cent to 1,325.50p taking it to a new all-time high ahead of January’s previous peak of 1,305.00p. The move came as defence titan BAE System jumped near four per [...]
US alternatives giant leads £150m refinancing at debt-laden Very February 16, 2026 The credit giant that took control of Very from the Barclay family has arranged a £150m funding package for the online retailer ahead of a potential £2bn sale. Carlyle helped arrange an extension and renewal of debt-laden Very’s key credit lines, in a move it said helps secure the group’s long-term funding until 2029. The [...]
Natwest and Lloyds shares lead FTSE 100 rally after bruising week February 16, 2026 Natwest led a rally across Britain’s banking giants on Monday morning as lenders patched their wounds after a bruising week on the stock market. The bank topped the FTSE 100’s risers at the starting bell, gaining over four per cent in early trading to 603.60p. Barclays was shortly behind, advancing over 2.5 per cent to [...]
Allegion to Attend 2026 Barclays Industrial Select Conference February 12, 2026 Allegion plc (NYSE: ALLE) President and CEO John H. Stone will discuss the company’s long-term strategy at the 2026 Barclays Industrial Select Conference on Thursday, Feb. 19. The conference will be held at Loews Miami Beach Hotel. A live listen-only webcast will be accessible via Allegion’s investor website at investor.allegion.com or directly by clicking here. [...]
Patria Prepares Next Vintage of Latin America Private Credit Strategy to Capture Structural Scarcity in Corporate Lending February 11, 2026 Builds on successful close of US$314 million dedicated Latin America private credit vintage and expands Patria’s 26-year, US$12.3* billion AUM regional credit platform Highlights: Patria is preparing the next vintage of its Latin America private credit strategy, targeting an under-levered corporate credit market where reliable capital is scarce. Across more than 210 private credit and structured transactions, Patria has deployed more than US$3.1 billion across 24 industries and seven countries and delivered a historical unlevered IRR of 14.3% (USD deals), with consistent performance driven by structure and selectivity, not macro timing. The portfolio reflects a focus on senior secured, US dollar-denominated loans structured with robust collateral, covenants, and cash-flow protections for mid-market and family-owned borrowers. As of 31 December 2025, the fund deployed more than 70% of capital into 14 transactions. Private credit represents less than 1% of a roughly US$2.3 trillion Latin American corporate credit system1, reflecting limited institutional allocation and a small number of scaled, dedicated managers.
Global Counsel loses more clients as Epstein scandal deepens February 11, 2026 The crisis engulfing the lobbying firm founded by Peter Mandelson, Global Counsel, deepened on Tuesday, after three more of its blue-chip clients parted ways with the advisory over its links to co-founder Mandelson and the convicted sex trafficker Jeffrey Epstein. City AM understands that pensions giant Phoenix, Tesco and Bank of America have all severed [...]
GitLab Transcend Showcases How Intelligent Orchestration Helps Accelerate Innovation Velocity Across the Software Lifecycle February 11, 2026 Keynotes by GitLab Chief Executive Officer Bill Staples and Chief Product and Marketing Officer Manav Khurana highlighted the company’s strategy and innovations Customer and partner sessions featured Southwest Airlines® and Oracle Cloud Infrastructure group Demonstrations of AI agents working across the software lifecycle, a virtual hackathon for developers to create custom agents, and a new assessment program to help organizations chart their modernization path for software development
Barclays boss calls for political ‘stability’ as banker’s pay packet swells to £15m February 10, 2026 The boss of British banking giant Barclays has called for “stability” across the political landscape as the Labour government’s future faces uncertainty. CS Venkatakrishnan, the bank’s chief executive who is known as Venkat, faced questions on the turmoil in Number 10 after Barclays published its full-year earnings report. “From the point of view of businesses [...]
Barclays kicks off £15bn shareholder bonanza after profit rises February 10, 2026 Barclays kickstarted plans to dish out heaps of cash to shareholders on Tuesday after the bank’s profit breezed ahead of expectations for the 2025 financial year. The FTSE 100 giant launched a fresh £1bn share buyback after pre-tax profit soared 13 per cent in the last 12 months to £9.1bn. This came ahead of internal [...]