Barclays promotes 118 to Managing Director
Barclays Bank has announced a significant internal promotion round, elevating 118 employees to the role of Managing Director. Discover the key names and divisions driving this strategic move.
Barclays Bank has announced a significant internal promotion round, elevating 118 employees to the role of Managing Director. Discover the key names and divisions driving this strategic move.
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.
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Lloyds Banking Group CEO Charlie Nunn argues post-crisis deleveraging has hampered the UK economy. The Bank of England has now eased capital rules, citing robust bank strength.
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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.
Citigroup has elevated 276 bankers to managing director in its latest annual promotion round, a key move in CEO Jane Fraser's strategic overhaul. Discover the regional breakdown and strategic focus.
JPMorgan Chase has restructured its European equity capital markets leadership, promoting Viswas Raghavan and Dwayne Lysaght to co-heads. Discover the strategic moves shaping the bank's top-tier advisory team.
Fintech giant Revolut and the London Stock Exchange Group partner with OpenAI, using ChatGPT-5 to enhance financial crime protection and automate processes. Discover how UK banks are leveraging AI.
Paragon Banking Group's CEO Nigel Terrington signals acquisition plans following a key regulatory reform. The lender's results show profit growth but rising provisions for motor finance and development loans.
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.
New LinkedIn data reveals a UK founder boom, with AI lowering barriers. Discover how human skills are becoming more valued and why SME networks are expanding fast.
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.
NatWest acquires a minority stake in London fintech Bourn, backing its mission to solve cashflow challenges for small businesses with a modern, flexible funding solution.
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.
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