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  • A ski holiday in Obergurgl Austria, where the US ski team train

    January 15, 2024

    Simon Miller went skiing in Obergurgl, where the US ski team train

  • UK banks could face major losses over FCA motor finance review

    January 15, 2024

    UK banks could be on the hook for billions in compensation, according to analysts, after the City watchdog announced a review into unfair costs on discretionary car finance commissions.

  • City’s jobs market slows at fastest rate since 2008, survey suggests

    January 15, 2024

    According to recruitment firm Morgan McKinley, there were 42 per cent fewer jobs available in the financial services sector in the fourth quarter of last year than a year earlier.

  • Howden hails business as insurance brokers ramp up partnership with British and Irish Lions

    January 15, 2024

    Founder of City insurance group Howden has insisted that “business is on fire” as it prepares to announce its annual results next month. “It was another very strong year for us,” founder and chief executive David Howden told City A.M. “You’ll see that we have already announced a couple of other critical acquisitions in Europe [...]

  • Investors look set to pour cash into infrastructure following BlackRock acquisition

    January 15, 2024

    Top investors on both sides of the Atlantic could be set to pump cash into the $1trillion infrastructure market as governments ramp up pressure on the private sector for investment.

  • Capita hits back as pension holders look to sue over Russian-linked cyber attack

    January 14, 2024

    Capita is facing legal action over last year's cyber attack, but denies there is any valid basis for a claim.

  • Cameron: We’ll strike the Houthis again if attacks continue

    January 14, 2024

    The UK is “prepared to back our words with actions”, David Cameron has said, after military action was taken against the Houthis over their attacks in the Red Sea.

  • Explainer: How Russia is dodging oil sanctions and what the West is doing about it

    January 13, 2024

    G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect

  • 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.

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