Category : Search result: banking exodus


Lloyds CEO: Motor Finance Scandal Threatens UK Investment

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.

Vanquis warns of £7m FCA motor finance hit

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.

UK launches banking scheme for homeless people

A pioneering government initiative will connect homeless individuals with basic bank accounts, tackling financial exclusion and helping vulnerable people rebuild their lives.

UK Founder Exodus Fears After Tax-Hiking Budget

Britain faces a potential exodus of business founders following the Chancellor's tax-hiking budget, with entrepreneurs warning of catastrophic consequences for innovation and economic growth.

PJT Partners Fees Soar 37% in M&A Comeback

Investment bank PJT Partners reports dramatic fee growth amid resurgent merger activity, signalling strong recovery in global dealmaking with London playing key role.

Alliance & Leicester customers moved to Allica banking

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.

Labour's Exit Tax Plan for Wealthy Brits Fleeing UK

Shadow Chancellor Rachel Reeves considers implementing an exit levy on wealthy individuals attempting to leave the UK ahead of potential Labour tax reforms, targeting capital gains loopholes.

JPMorgan banker Voci joins Houlihan Lokey

Senior dealmaker Nick Voci makes high-profile switch from JPMorgan to global investment bank Houlihan Lokey, strengthening their European financial institutions coverage in London.

Banking Blacklist: £90K Game Earnings Rejected

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.

New Zealand's Great Exodus to Australia

New Zealand is experiencing an unprecedented population drain as citizens head to Australia in record numbers, driven by better wages and living costs. Discover the economic forces behind this mass migration.

West London bank branches closing: Full list

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.

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.

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.

Page 1 of 2