HSBC ends chair search, Citi appoints new UK M&A heads
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.
Category : Search result: UK banking profits
Hotel Profits Fall as Costs Rise in UK and London
UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.
Thames Water profits leap as funding crisis looms
Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.
Peel Hunt profits jump 800% to £11.5m on deal rebound
London broker Peel Hunt reports an 800% profit surge to £11.5m, driven by a revival in corporate dealmaking. Discover the key figures and strategic outlook for the UK investment bank.
Banking helpline nightmare for the 'befuddled'
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.
M&B profits jump 20% amid £130m cost pressures
Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth while facing £130m cost pressures from wage hikes and inflation. Discover how pub giants navigate economic challenges.
RBC Expands Healthcare Team, Mayer Brown Promotes 36
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 regulators investigate banks over Epstein connections
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's £3bn London tower gets green light
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.
Jane Street injects £500m into UK trading unit
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.
Banking giants UBS, Citi & HSBC adopt AI technology
Major banks including UBS, Citi and HSBC are implementing artificial intelligence to transform operations and improve client services. Discover how AI is reshaping finance.
UK first-time buyer affordability best in a decade
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.
US Banks Announce Major UK Expansion Projects
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 to create 500 jobs in Birmingham
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.
Labour's North Sea oil policy contradictions exposed
Labour's North Sea oil strategy faces criticism as energy department's pragmatic licensing clashes with Treasury's windfall tax, creating uncertainty for jobs and investment.
Pets at Home profits dive 33.5% in half-year results
Pets at Home reports 33.5% profit drop to £36.2m as retail business falters. Interim CEO announces urgent action needed to return to retailing roots. Read the full analysis.
Jefferies Launches Fixed Income Trading Desk
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.
B&Q Owner Kingfisher Raises Profit Forecast to £570m
B&Q owner Kingfisher boosts profit outlook despite softening UK retail market. Discover how strong management drives success in challenging economic conditions.
Bank shares volatile amid Treasury Budget leaks
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.
easyJet's new Stansted-Paris flights start 2026
easyJet announces new Stansted to Paris flights starting March 2026, alongside better-than-expected annual profits driven by package holiday demand. Book your seats now!
UK Bank Shares Jump on Budget Tax Reprieve Hopes
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.
EasyJet profits climb as holidays sell well
EasyJet reports a 9% rise in annual profits to £665m, driven by strong demand for package holidays. Discover how popular destinations and strategic expansion fuel growth.
ABN Amro Announces 5200 Job Cuts Over Three Years
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.
The modern struggle of proving your identity to banks
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.
Curve investor files legal challenge over Lloyds sale
IDC Ventures files High Court petition to block Curve's £125m sale to Lloyds, alleging governance failures wiped out £670m shareholder value. Read the latest developments.
JPMorgan's New UK Private Bank Boss Begins Role
JPMorgan appoints new UK private banking head as wealth management expands. Discover the strategic moves shaping London's financial landscape.
Investec Scales Up Mid-Market Business Services
Banking group Investec reveals a major push into the underserved mid-market sector, aiming to boost profitability by 200 basis points. Discover its UK and South Africa expansion plans.
JPMorgan aims to double UK private banking business
JPMorgan's UK private banking head reveals ambitious five-year growth strategy to double business, focusing on wealthy entrepreneurs and international clients.
George Osborne Considered for HSBC Chairman Role
Former Chancellor George Osborne is a candidate to chair HSBC. Could his political ties and advisory experience usher in a golden era for the banking giant? Read the full analysis.
PJT Partners hires 10 dealmakers for Nordic expansion
Investment bank PJT Partners is launching a significant Nordic expansion, hiring 10 senior dealmakers to capitalise on the region's growing M&A activity. Discover their strategic move.
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