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.
Citi partners with London Stock Exchange Group to integrate Workspace data, aiming to boost efficiency for its 35,000 investment bankers. Discover the strategic move.
James Pirie, a senior director at Houlihan Lokey, has left the investment bank. Explore the details of his departure and the firm's recent performance in London.
BNP Paribas is aggressively expanding its corporate finance teams in London and New York, hiring over 30 bankers. This strategic move signals a major bet on a rebound in global M&A and equity markets. Discover the bank's ambitious growth plans.
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.
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.
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.
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 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 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 & 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 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 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 recruits former Goldman Sachs managing director, Stefano Biscaldi, to lead its European financial sponsors group. Discover the strategic move shaping investment banking.
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 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.
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 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 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 commits to a new £3bn Canary Wharf headquarters after UK government assurances on pro-business policies. The project promises major economic benefits for London.
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.
Major banks including UBS, Citi and HSBC are implementing artificial intelligence to transform operations and improve client services. Discover how AI is reshaping finance.
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.
JP Morgan unveils a new £3bn Canary Wharf headquarters as Goldman Sachs expands in Birmingham, signalling a major vote of confidence in the UK economy. Discover the details.
Goldman Sachs announces major expansion of its Birmingham office, creating 500 new roles in the UK's second city. Discover how this investment boosts regional employment.
Investment bank Jefferies establishes new fixed income desk in London as part of outsourced trading expansion. Discover how this strategic move impacts UK financial markets.
UK bank stocks experience dramatic swings as Treasury's conflicting Budget leaks create market uncertainty. Lloyds and Barclays see-saw while tax hike rumours persist. Analysis inside.
NatWest, Lloyds and Barclays stocks rise as investors anticipate Rachel Reeves will spare lenders from further levy in this week's budget. Discover the market reaction.
Dutch banking giant ABN Amro reveals plans to cut 15% of workforce in strategic overhaul. Discover how this impacts European banking sector and what's next.
Discover why proving your identity to your own bank has become an absurd bureaucratic nightmare in the digital age. Read this eye-opening account of modern banking frustrations.