Nationwide and Virgin Money face mounting opposition to £2.9bn merger April 16, 2024 Nationwide's bid to acquire high-street rival Virgin Money is facing mounting opposition from members and analysts ahead of a shareholder vote.
Former Blackburn Rovers footballer sues HSBC for £2m over loan negligence April 15, 2024 Former professional footballer Matt Jansen has launched a legal challenge claiming banking giant HSBC lost him over £2m on property loan agreements during the 2008 financial crash.
Former Manchester United star files £750k claim against St. James’s Place representative April 15, 2024 Earlier this year, his legal team at Thomas Mansfield Solicitors filed a claim to the Financial List of the High Court against London-based Klipp Wealth Management (KWM Wealth).
The Very Group: Moody’s changes outlook on online retailer owned by billionaire Barclay family April 12, 2024 Moody's has changed its outlook on The Very Group from stable to negative despite it securing major investment and named a new chief executive.
Regulator warns firms over provisions for motor finance claims April 12, 2024 It said it had "observed firms taking different approaches to account for the potential impact of previous use of DCA on their financial resources."
Blackrock fails appeal to cut tax bill on £10.8bn Barclays deal April 11, 2024 The Blackrock Group has lost an appeal to reclaim tax from HM Revenue and Customs (HMRC) on its 2009 $13.5bn (£10.8bn) acquisition of Barclays Global Investors. The asset manager’s structure Blackrock Holdco 5, LLC was used to acquire the North American investment management business of Barclays Global Investors from Barclays Bank in December 2009. At [...]
FTSE 100: Investors should increase their exposure says Barclays April 10, 2024 Equity markets have been on a strong run over the past year or so, with tech firms in particular driving a large part of the gains.
Big US banks JPMorgan, Citi and Wells Fargo to benefit from slower Fed interest rate cuts April 9, 2024 JP Morgan, Citi and Wells Fargo will all update investors on their performance so far this year with attention likely to be firmly fixed on their guidance for the year.
The Very Group hires former Fenwick boss as new chief April 9, 2024 The Very Group has appointed the former boss of department store chain Fenwick as its new chief executive.
Barclays: Tiktok and Instagram ‘no spend challenge’ helps push non-essential spending to two-year low April 9, 2024 Non-essential spending slumped to its lowest level in over two years, a new report has found, as Brits partaking in a popular no-spend challenge bruises restaurant and retail trade.