Lloyds Banking Group CEO Charlie Nunn urges regulators against imposing stricter capital requirements on traditional banks as the private credit market shows signs of strain, warning it could harm the UK economy.
Bank of America reveals ambitious expansion plan for its London investment banking division, focusing on large-scale M&A transactions and equity capital markets growth to capture market share.
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.
Money Saving Expert Martin Lewis issues urgent call for millions to check if they're owed cash from forgotten accounts, with £240 million waiting to be claimed.
London's investment banks are hiking bonuses to retain top talent despite concerns that financial incentives alone won't prevent a brain drain from the dealmaking sector.
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.
A pioneering government initiative will connect homeless individuals with basic bank accounts, tackling financial exclusion and helping vulnerable people rebuild their lives.
Australia's most dubious consumer products and services have been exposed in the annual Shonky Awards, with banking giants, online marketplaces and health funds facing scrutiny for questionable practices.
Investment bank PJT Partners reports dramatic fee growth amid resurgent merger activity, signalling strong recovery in global dealmaking with London playing key role.
French banking giant BNP Paribas announces strategic leadership changes in its UK corporate coverage team, promoting James Bingham to lead while welcoming new senior appointments.
Rathbones investment director Camilla Stowell shares her powerful career philosophy that challenges City conventions and champions authenticity for women in finance.
Swiss banking giant UBS announces major restructuring of its capital markets division, with Jason McCartney assuming broader responsibilities in a strategic leadership overhaul.
The frontrunner to acquire The Telegraph faces regulatory scrutiny after reports emerge of potential violations in safeguarding editorial independence during takeover negotiations.
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.
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.
As private credit reshapes global finance, experts debate whether this $2.1 trillion market represents genuine innovation or a ticking time bomb for investors.
The newly merged UK investment bank Panmure Liberum announces groundbreaking expansion into Middle Eastern markets through partnership with BBK, creating new international investment corridors.
Senior dealmaker Nick Voci makes high-profile switch from JPMorgan to global investment bank Houlihan Lokey, strengthening their European financial institutions coverage in London.
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.
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.
A shocking investigation reveals Australian banks are failing mortgage holders in financial distress, with complaints of dismissive treatment and inadequate support systems.
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.
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.
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.
Investment banking firm Cavendish reports impressive profit growth and signals a major revival in UK mergers and acquisitions activity after prolonged downturn.
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.
French banking giant Société Générale reports resilient Q2 performance as fixed income trading surges 16.7%, offsetting declines in equities amid fading market volatility.
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.
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.
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.