UK bank expects return on tangible equity to be above 14%
Fintech closes in on $45bn valuation as it secures approval from regulators
London-based fintech receives approval from regulators in boost to expansion plans
UK’s biggest mortgage lender expects home loan prices to stabilise as demand eases
Better security and looser limits on spending fuel mobile transactions as cash continues its decline, report finds
Rate will only be available to buyers and not customers switching home loan products
UK Information Commissioner’s Office receives surge of customer grievances about handling of data requests
A listing in early 2025 would be a boon to London’s otherwise lacklustre capital markets
Problem affecting Swift network impacted high-value and time-sensitive transactions
FCA launched probe after Nigel Farage ‘debanking’ scandal
The venture is the latest in a string of tie-ups as traditional banks try to find a place in the private credit industry
Each of building society’s resolutions won about 95% or more of members’ votes
Morgan Stanley, JPMorgan and Goldman Sachs set to secure top roles on fintech’s potential offering
UK bank tightens travel policy in bid to trim expenses and reduce carbon footprint
The far right was thwarted but reported incidents of racism and antisemitism have been rising
UK-based company helped by higher interest rates as it expands customer base
Also in this newsletter: the Socialists’ message to Ursula von der Leyen
Emmanuel Macron’s centrists expected to slump to third place
Industry leaders say concerns over impact of technology are outweighing benefits such as productivity gains and cost cuts
Proposal follows controversial UK rules that place the burden on banks
Banks expected to improve fixed-rate deals ahead of forecast Bank of England rate cut in August
SoftBank-backed fintech is confident its value has increased over 20% since 2021 fundraising
About 90% of fintech’s outstanding SME loans are guaranteed by UK government
Majority of staff in the country are employed in the UK bank’s financial crime unit