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  • 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.

  • Red Engine: Flight Club Darts and Electric Shuffle owner secures £60m boost

    April 9, 2024

    Red Engine, the company behind Flight Club Darts and Electric Shuffle, has agreed a £60m funding boost to help it expand further across the globe.

  • Barclays launches legal challenge over motor finance claim

    April 8, 2024

    Barclays is launching a legal challenge against the Financial Ombudsman Service (FOS) over a ruling that it unfairly paid commission to a car finance broker, Sky News’ Mark Kleinman first reported.  In January, the Financial Conduct Authority (FCA) announced it was launching a probe into historic commission arrangements dating back to 2007, when the FOS [...]

  • Tom Hayes’ lawyer accuses Court of Appeal judge of conflict of interest

    April 3, 2024

    Lawyer Karen Todner has written to the court highlighting Mr Justice Bryan's position on the appeal panel after she discovered he sat one of the previous EURIBOR interlocutory appeals for Christian Bittar.

  • 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.

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