Category : Search result: banking profits


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.

BP profits plunge 70% as oil prices retreat

BP reports staggering 70% profit drop as oil prices retreat from Ukraine war peaks. Discover how the energy titan is navigating market turbulence while maintaining shareholder payouts.

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.

Salesforce UK profits surge 82% despite job cuts

Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.

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.

Ryanair profits jump 42% on higher air fares

Europe's largest budget airline reports staggering profit surge driven by higher ticket prices and strong summer demand, with passenger numbers hitting new heights.

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.

Monzo hires new CEO ahead of stock market float

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.

SocGen Fixed Income Shines as Equities Fade

French banking giant Société Générale reports resilient Q2 performance as fixed income trading surges 16.7%, offsetting declines in equities amid fading market volatility.

AI Bubble Fears Overshadow Tech Titans' Earnings

As Microsoft, Alphabet and Meta report impressive quarterly results, growing investor anxiety about an artificial intelligence bubble threatens to dampen the celebration. Discover why Wall Street is getting nervous about the AI gold rush.

Moelis boosts pay 20% as dealmaking fees surge

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.

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