Category : Search result: banking stocks


UK volunteer for Ukraine has bank accounts closed

Santander closes all UK bank accounts of British humanitarian volunteer working in Ukraine without explanation, raising concerns about banking restrictions affecting Ukraine support efforts.

UK Banks Sound Alarm Over Competitive Threat

UK banking chiefs warn that regulatory disparities with the US and rising private credit threaten London's status as a global financial hub. Read the full analysis.

Goldman Sachs promotes seven in EMEA wealth team

Goldman Sachs International has promoted seven senior professionals within its EMEA private wealth management division to managing director roles, signalling strong growth in the region's wealth business.

London pub charges customer £989 for one drink

A casual drink in a London pub turned into a financial nightmare when one customer discovered their card had been charged nearly £1,000 for a single beverage, exposing payment system vulnerabilities that could affect anyone.

Banks set to escape tax rises in Reeves budget

Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.

Goldman Sachs hires Evercore banker for Evelyn Partners sale

In a significant recruitment coup, Goldman Sachs has hired senior Evercore banker James Rucker to spearhead the upcoming sale of Evelyn Partners' wealth management division, signalling intensified competition in London's financial advisory landscape.

Goldman Sachs London pay bill soars 26%

Goldman Sachs International's London staff costs surge to £2.8bn amid booming investment banking fees, while parent company reports stellar Q2 earnings.

AI Investment Frenzy: Bubble Set to Burst?

As billions pour into artificial intelligence stocks, experts warn of dangerous market euphoria. Discover whether this AI gold rush is sustainable or heading for a painful correction.

AI Revolutionises Wealth Management for Ultra-Rich

Exclusive insight into how AI is transforming wealth management, from hyper-personalised portfolios to predictive analytics revolutionising client service in London's financial district.

Tice Pledges Major Reform of City Regulation

Reform UK chairman Richard Tice unveils radical plan to overhaul financial regulation, claiming current rules are stifling London's competitiveness and investment growth.

London Tech Stocks Rally After Market Sell-Off

FTSE tech sector bounces back strongly following Tuesday's dramatic sell-off, with major London-listed technology companies leading the charge in Wednesday's trading session.

Lloyds CEO: Motor Finance Scandal Threatens UK Investment

Exclusive: Lloyds Banking Group CEO Charlie Nunn voices serious concerns about how the ongoing motor finance commission scandal could damage Britain's attractiveness to global investors and impact the wider economy.

AI Bubble Fears Spark Global Market Sell-Off

World stock markets experience dramatic downturn amid growing concerns that the artificial intelligence investment boom has reached unsustainable levels, wiping billions from company valuations.

Vanquis warns of £7m FCA motor finance hit

Subprime lender Vanquis Banking Group faces a potential £7 million hit from the FCA's motor finance review, warning of 'material uncertainty' if the regulator doesn't change course.

UK launches banking scheme for homeless people

A pioneering government initiative will connect homeless individuals with basic bank accounts, tackling financial exclusion and helping vulnerable people rebuild their lives.

PJT Partners Fees Soar 37% in M&A Comeback

Investment bank PJT Partners reports dramatic fee growth amid resurgent merger activity, signalling strong recovery in global dealmaking with London playing key role.

BP profits plunge 70% as oil prices retreat

BP reports staggering 70% profit drop as oil prices retreat from Ukraine war peaks. Discover how the energy titan is navigating market turbulence while maintaining shareholder payouts.

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