UBS expands McCartney's role in capital markets shake-up
Swiss banking giant UBS announces major restructuring of its capital markets division, with Jason McCartney assuming broader responsibilities in a strategic leadership overhaul.
Category : Search result: banking error
Telegraph bidder faces editorial independence breach probe
The frontrunner to acquire The Telegraph faces regulatory scrutiny after reports emerge of potential violations in safeguarding editorial independence during takeover negotiations.
Rachel Reeves's Banking Reforms: Limited Impact Expected
Chancellor Rachel Reeves's proposed banking reforms promise stability over radical change, with experts suggesting limited impact on competition and consumer choice in the UK financial sector.
Alliance & Leicester customers moved to Allica banking
Thousands of former Alliance & Leicester customers are being automatically transferred to a new banking provider called Allica. Here's how it affects your account, interest rates, and banking services.
Private Credit: Financial Saviour or Modern Ponzi?
As private credit reshapes global finance, experts debate whether this $2.1 trillion market represents genuine innovation or a ticking time bomb for investors.
Panmure Liberum expands into Middle East via BBK partnership
The newly merged UK investment bank Panmure Liberum announces groundbreaking expansion into Middle Eastern markets through partnership with BBK, creating new international investment corridors.
JPMorgan banker Voci joins Houlihan Lokey
Senior dealmaker Nick Voci makes high-profile switch from JPMorgan to global investment bank Houlihan Lokey, strengthening their European financial institutions coverage in London.
Banking Blacklist: £90K Game Earnings Rejected
A British developer reveals how mainstream financial institutions are refusing to handle his legitimate £90,000 earnings from adult-themed video games, sparking debate about digital age discrimination.
NHS auto-correct blunder embarrasses patients
A shocking NHS computer glitch is automatically replacing medical terms with embarrassing slang in patient records, causing distress and raising serious data security questions across UK hospitals.
Boy Denied Flight Over Common Passport Error
A British family's dream holiday to Turkey turned into a nightmare after their teenage son was refused boarding due to a common passport error that could catch out thousands of travellers.
Sex offender wrongly freed from prison after warnings ignored
Exclusive: Ministers were repeatedly warned about critical system errors before a registered sex offender was mistakenly released from Chelmsford prison, raising serious questions about public safety and government accountability.
West London bank branches closing: Full list
Multiple high street banks including Lloyds, Santander and Barclays are permanently closing branches across West London, leaving residents and businesses concerned about access to essential banking services.
Australian Banks' Hardship Support Failures Exposed
A shocking investigation reveals Australian banks are failing mortgage holders in financial distress, with complaints of dismissive treatment and inadequate support systems.
Global Wealth Race: Which Financial Hub Dominates?
London battles New York and Asian rivals in the high-stakes competition for the world's wealthiest individuals. Discover which financial centres are gaining ground and what this means for global finance.
Bank shares jump despite motor finance scandal fears
Despite mounting concerns over a potential £16bn motor finance mis-selling scandal and fraud allegations reminiscent of Madoff, London's banking shares demonstrate remarkable resilience with significant gains across the sector.
JPMorgan hires HSBC's Blessing Moyo in trading reshuffle
In a significant move shaking up London's financial sector, JPMorgan has appointed Blessing Moyo as head of EMEA trading desk strategy, while HSBC Asset Management's COO departs after 15 years.
Australian students studied wrong Caesar for exam
Thousands of Australian Year 12 students discovered they'd been studying the wrong historical figure for their final exams, raising serious questions about education oversight.
Cavendish Hails UK Dealmaking Revival as Profits Grow
Investment banking firm Cavendish reports impressive profit growth and signals a major revival in UK mergers and acquisitions activity after prolonged downturn.
Monzo hires new CEO ahead of stock market float
Digital banking challenger Monzo names former Visa executive TS Anil as new CEO, positioning the fintech giant for potential £4 billion London stock market listing in major industry shakeup.
SocGen Fixed Income Shines as Equities Fade
French banking giant Société Générale reports resilient Q2 performance as fixed income trading surges 16.7%, offsetting declines in equities amid fading market volatility.
Barclays, Santander lead customer exodus after outages
Major UK banks Barclays and Santander are experiencing the highest customer departure rates after recent service disruptions left customers frustrated and seeking more reliable alternatives.
Moelis boosts pay 20% as dealmaking fees surge
Wall Street investment bank Moelis & Company has dramatically increased compensation packages following a significant jump in dealmaking revenues, signalling strong recovery in the mergers and acquisitions market.
Fertility clinic error sparks embryo legal battle
Couples are taking urgent legal action against a London fertility clinic after an administrative error threatened the destruction of their frozen embryos, raising serious questions about oversight in the UK fertility industry.
Police ignored sex offender's surrender attempts
Exclusive: Hadush Kebatu, wrongly released from prison, alleges Metropolitan Police disregarded multiple attempts to hand himself in, raising serious questions about public safety and systemic failures.
Private Credit Chiefs Escalate War of Words with Banks
Top private credit executives escalate their battle with mainstream banks, claiming superior lending models and dismissing banking sector criticisms as outdated rhetoric in this exclusive City A.M. investigation.
Murder suspect accidentally freed from California jail
A major security breach in California's justice system as a murder suspect walks free due to a catastrophic paperwork error. Authorities scramble to locate the dangerous fugitive.
Tiger's satnav error leads to unexpected city tour
A Bengal tiger's routine hospital visit took an unexpected turn when a satnav error sent the big cat on an impromptu tour through city streets, creating unforgettable scenes captured by photographers worldwide.
Prison mistakenly frees offender, gives him £500
Exclusive: Hadush Kebatu, convicted of serious sexual assault, was accidentally released from prison and handed taxpayer cash in a major Home Office error that's sparked urgent investigations.
European banks miss out as Wall Street deal boom returns
As US investment banks celebrate resurgent 'animal spirits' and soaring profits from revived M&A and IPOs, their European counterparts watch from the sidelines, missing out on the lucrative post-pandemic deal frenzy.
UBS wealth unit gathers $38bn in Q3 surge
UBS's global wealth management arm demonstrates remarkable resilience, pulling in $38 billion in net new funds during Q3 while navigating significant outflows from its Swiss bank integration.
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