HSBC hires ex-Citi exec Ida Liu for private banking
HSBC has recruited former Citi veteran Ida Liu to head its global private banking division, aiming to strengthen its wealth management services for ultra-high-net-worth clients.
Category : Search result: banking compliance
PayPal Applies for US Banking Licence Amid Deregulation Push
PayPal has filed for a US banking licence, aiming to boost small business lending. The move follows Trump's deregulatory reforms, attracting UK fintechs like Revolut and Starling to also eye the American market.
Jeweller killed wife in psychotic episode, inquest finds
A coroner ruled a jeweller suffered a psychotic episode after stopping his medication before killing his wife of 32 years. The inquest heard of mental health service failings. Read the full report.
Australia's Under-16 Social Media Ban: The Inside Story
Australia's world-first social media ban for under-16s takes effect 10 December. Discover how the law passed swiftly and which major platforms have agreed to comply.
Barclays promotes 118 to Managing Director
Barclays Bank has announced a significant internal promotion round, elevating 118 employees to the role of Managing Director. Discover the key names and divisions driving this strategic move.
HSBC ends chair search, Citi appoints new UK M&A heads
HSBC concludes its search for a new chair, while Citigroup reshuffles its UK investment banking leadership. Get the latest on major moves in London's financial sector.
SMEs losing thousands in poor bank interest rates
UK small businesses are missing out on thousands in interest from their banks. Discover how switching to a challenger bank could boost your returns and earn cashback.
Lloyds boss says capital rules are slowing UK growth
Lloyds Banking Group CEO Charlie Nunn argues post-crisis deleveraging has hampered the UK economy. The Bank of England has now eased capital rules, citing robust bank strength.
HSBC Appoints Brendan Nelson as Permanent Chair
HSBC names Brendan Nelson as its new permanent chair after a year-long search, a move seen as a safe but surprising temporary fix for the banking giant. Discover the details and City reaction.
Citigroup promotes 276 to managing director globally
Citigroup has elevated 276 bankers to managing director in its latest annual promotion round, a key move in CEO Jane Fraser's strategic overhaul. Discover the regional breakdown and strategic focus.
JPMorgan promotes European ECM heads in major reshuffle
JPMorgan Chase has restructured its European equity capital markets leadership, promoting Viswas Raghavan and Dwayne Lysaght to co-heads. Discover the strategic moves shaping the bank's top-tier advisory team.
Revolut and LSEG become latest OpenAI customers
Fintech giant Revolut and the London Stock Exchange Group partner with OpenAI, using ChatGPT-5 to enhance financial crime protection and automate processes. Discover how UK banks are leveraging AI.
Paragon Banking eyes M&A after capital rule change
Paragon Banking Group's CEO Nigel Terrington signals acquisition plans following a key regulatory reform. The lender's results show profit growth but rising provisions for motor finance and development loans.
RBC hires Citi's Weissenberger for European chemicals push
RBC Capital Markets recruits senior Citigroup dealmaker Sean Weissenberger to head its European chemicals investment banking coverage, expanding its regional team. Read the full story.
Businesses Could Earn £10,000 in Quiet Interest
A new digital business account from Allica Bank offers high interest on idle cash and cashback, potentially earning firms £10,000 a year. Discover how to boost your bottom line effortlessly.
HSBC Names Brendan Nelson as New Chairman
HSBC appoints Brendan Nelson as chair after a turbulent search. The move follows a major leadership reshuffle and a strategic pivot towards Asia. Read the full story.
Barclays boss on Revolut's $75bn valuation challenge
Barclays CEO CS Venkatakrishnan says traditional banks must learn from fintechs like Revolut, which hit a $75bn valuation. He highlights innovation and regulatory contrasts. Read the full analysis.
Rothschild hires Barclays European Sponsors Head
Rothschild & Co strengthens its UK investment bank with a key hire from Barclays, signalling a push in European advisory services. Discover the strategic implications.
BNP Paribas hires Barclays' Rushton for infrastructure
BNP Paribas taps Barclays veteran James Rushton to spearhead its UK infrastructure finance expansion, signalling a major push in the competitive sector. Discover the strategic move.
Mitcham wins banking hub after Lloyds branch closure
Mitcham will get a shared banking hub in 2026 after a successful community campaign overturned an initial rejection, restoring vital face-to-face services. Read the full story.
JPMorgan hires ex-Goldman dealmaker Biscaldi
JPMorgan recruits former Goldman Sachs managing director, Stefano Biscaldi, to lead its European financial sponsors group. Discover the strategic move shaping investment banking.
Revolut in new spat with regulators over CEO's UAE move
Revolut faces scrutiny after failing to inform UK watchdogs that CEO Nik Storonsky shifted his residency to the UAE. The fintech giant insists the move doesn't affect management.
HSBC signs AI deal with French startup Mistral
HSBC has signed a deal with French AI firm Mistral to deploy its large language models across the bank, aiming to boost efficiency and internal tool development. Read more.
Banking helpline nightmare for the 'befuddled'
Guardian columnist Tim Dowling recounts his frustrating ordeal with a bank helpline that mistakenly identified him as elderly and confused. A cautionary tale for anyone navigating automated customer service.
RBC Expands Healthcare Team, Mayer Brown Promotes 36
RBC Capital Markets strengthens its European healthcare division with key hires as Mayer Brown announces 36 partner promotions globally. Discover the strategic moves shaping finance and legal sectors.
US regulators investigate banks over Epstein connections
US financial regulators confirm serious investigation into banking executives including Jes Staley over alleged facilitation of Jeffrey Epstein's criminal activities through banking access.
JP Morgan's £3bn London tower gets green light
JP Morgan commits to a new £3bn Canary Wharf headquarters after UK government assurances on pro-business policies. The project promises major economic benefits for London.
Jane Street injects £500m into UK trading unit
Global trading giant Jane Street has provided its UK subsidiary with £500m in fresh capital, significantly expanding its British operations and market presence. Discover the strategic implications.
Banking giants UBS, Citi & HSBC adopt AI technology
Major banks including UBS, Citi and HSBC are implementing artificial intelligence to transform operations and improve client services. Discover how AI is reshaping finance.
UK first-time buyer affordability best in a decade
New data reveals UK first-time home buying is the most affordable since 2015. Lower mortgage rates and rising wages ease the burden. Discover the regional trends and expert advice.
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