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.
Category : Search result: financial losses
FCA warns over wealth consolidator risks
UK financial watchdog reveals serious concerns about conflicts of interest and unsustainable borrowing practices among wealth management consolidators, warning of potential consumer harm.
MHA Engineering delivers double-digit revenue growth
London-based MHA Engineering delivers impressive financial performance with double-digit revenue growth, driven by strategic diversification and infrastructure investment across key UK sectors.
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.
South London Housing Association Downgraded in Crisis
A major South London housing provider faces regulatory downgrade after financial struggles and governance failures, raising concerns for thousands of tenants across the capital.
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.
Drax settles third employment lawsuit against trader
Drax has quietly resolved another legal dispute with a former energy trader, marking the third such settlement over alleged employment contract breaches in recent years.
Sultana Takes Control of Labour's £800k Donation Company
Labour MP Zarah Sultana assumes directorship of company managing substantial party donations following major internal dispute over financial transparency and political direction.
World Athletics loses $1.3M in employee theft scandal
Shocking internal investigation reveals systematic fraud within athletics' governing body as employees siphon millions over decade.
Apollo Embraces Flexible Wealth Partnership Models
Discover how Apollo Global Management is revolutionising private wealth collaboration with innovative structures and flexible approaches that challenge traditional models.
City AM's 18-Year Mission to Make Budgets Compelling
Discover how City AM revolutionised budget coverage, transforming dry financial data into compelling narratives that captivate London's business elite for nearly two decades.
Abu Dhabi Challenges London & NY Financial Dominance
Abu Dhabi launches an aggressive strategy to transform into a global financial powerhouse, challenging established hubs like London and New York with massive sovereign wealth backing and strategic reforms.
Apollo Eyes D2C Partnerships in Wealth Management Shake-up
Exclusive interview with Apollo's EMEA wealth management head reveals plans to collaborate with direct-to-consumer fintech firms, signalling major industry evolution.
Birmingham Council Bankruptcy: Financial Crisis Deepens
Birmingham City Council faces unprecedented financial crisis as spending cuts fail to prevent effective bankruptcy. Expert analysis reveals the grim reality for residents and services.
Elon Musk Makes History With $500 Billion Fortune
Tesla and SpaceX CEO Elon Musk has shattered records by becoming the first person in history to amass a staggering $500 billion fortune, cementing his status as the wealthiest individual ever.
Record UK businesses face financial collapse before Budget
New data reveals a worrying surge in UK companies facing critical financial distress as business leaders demand urgent government action in the upcoming Budget.
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.
Save £1,200 Using Simple Ten-Minute Money Tricks
Discover revolutionary money-saving hacks that could put £1,200 back in your pocket with just ten minutes of effort. Financial experts reveal their top tips for immediate savings.
US Government Shutdown 2025 Costs Economy Billions
The 2025 US government shutdown has triggered staggering economic losses, with new analysis revealing billions in damages and widespread disruption across federal services.
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.
Meme Stock Mania Returns: Financial Experts Sound Alarm
The dangerous game of meme stock trading is back, with experts warning retail investors could face devastating losses as social media fuels another speculative bubble.
Reeves' bond market dilemma shapes UK spending choices
Chancellor Rachel Reeves faces a stark reality - financial markets now dictate Britain's economic policy, forcing tough choices between investment and austerity in a high-stakes fiscal balancing act.
Pound falls to 2023 low against euro
Sterling hits its weakest level this year against the euro as market jitters intensify over upcoming budget announcements and economic uncertainty.
Doncasters Plots New York IPO in London Snub
British engineering giant Doncasters prepares to snub London for New York IPO, dealing another significant blow to the City's prestige and raising concerns about the UK's appeal to major corporations.
Santander: Car finance compensation threatens UK jobs and economy
Santander UK issues stark warning that massive compensation payouts for car finance mis-selling could threaten thousands of British jobs and hamper economic growth.
Cash ISA Warning: Inflation Eroding Savings
Financial experts sound the alarm as inflation continues to outpace cash ISA returns, threatening the real value of Britons' hard-earned savings. Discover why your money might be losing value and what alternatives could protect your wealth.
Kushner's Financial Ties to Trump Circle Exposed
Fresh revelations expose Jared Kushner's complex financial network and foreign business dealings since leaving the White House, raising questions about political influence and transparency.
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.
BlackRock and LSEG expand partnership with Preqin data
London Stock Exchange Group expands strategic partnership with BlackRock through landmark integration of Preqin's private markets data, revolutionising investment analytics capabilities.
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