The UK currently wears the fintech crown – but complacency will quickly lose it February 12, 2024 The UK's fintech scene is thriving now, but that doesn't mean we can afford to rest on our laurels, writes Kelly Devine.
Direct Line looks to recover from torrid 2023 with new chief starting next month February 9, 2024 Winslow will rake in an annual salary of £820,000 and a pension allowance of nine per cent, with additional perks on offer. He will succeed Jon Greenwood, who had served as acting chief executive.
Barclays to snap up Tesco’s banking arm for £600m as retailer looks to unlock value for customers and shareholders February 9, 2024 Barclays has announced that it has agreed with Tesco to acquire the supermarket's retail banking business.
Is the US heading towards another regional banking crisis? February 8, 2024 US regional banks are back in the headlines amid fears that very recent history is repeating itself.
Talent crisis: Insurers are struggling to attract new staff. Could painting and TikToks be the answer? February 6, 2024 Insurance firms are in need of new blood. But the industry - innovative and exciting once you're in it - is struggling to cut through to the next generation.
Post Office scandal provides a chance to review the benefits of cooperatives January 30, 2024 The scandal at the Post Office means the spotlight has now fallen on the societal value of businesses – and cooperatives provide a great alternative business model, write Rose Marley and Andrew Whyte The Post Office Horizon Scandal dominated public consciousness in the wake of the popular ITV drama series and the ongoing public inquiry [...]
Wells Fargo warns over interest rate cuts despite boost in profits January 12, 2024 Wells Fargo said it had topped profit expectations for the fourth-quarter of the year today but warned that predicted interest rate cuts could dampen profits in the year ahead.
JP Morgan and Bank of America profits shrink as US banks pay for SVB failure January 12, 2024 JP Morgan’s profits shrank in the final three months of the year as the lender paid out $2.9bn for the rescue of smaller regional banks in the US.
Regulator to investigate historic claims on car finance commissions January 11, 2024 "There is significant dispute between some firms and consumers on whether firms have breached legal and regulatory requirements," the FCA said.
The stocks to watch in London in 2024: Defence, housebuilders and clean energy January 4, 2024 Several firms roared ahead of the market in 2023 - but which could be the stocks to watch in London this year?