Soaring interest rates could spark five per cent London house price fall October 31, 2022 Soaring interest rates and a tough cost of living crisis could send London house prices on a downward spiral, new research published today warns. Home prices in the capital are on course to shed five per cent next year, driven by sellers dropping prices to attract buyers hit by an affordability crunch, according to property [...]
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
Weekend Exclusive: Lloyds banker turned charity guru Bernie Hollywood OBE on mental health in the City February 27, 2022 Londoner Bernie Hollywood OBE spent nearly a decade as a corporate banker at Lloyds Banking Group’s HQ at 25 Gresham Street in the City. These days, he is determined to make a difference: next year, the 63-year-old is rowing the Atlantic to raise funds for youth mental health. City A.M. caught up with him to [...]
Women in Payments Europe 2023 Unites Industry Trailblazers in London April 20, 2023 City A.M. is excited to announce that it will be a media partner for Women in Payments Symposium 2023. This year our symposium is taking place in London – Europe’s major fintech hub and a great place to host a major payments event for good reasons. As a leading global financial centre, the UK capital [...]
Mark Kleinman: Why Starling needs Engine to fuel IPO dream November 2, 2023 Mark Kleinman is City editor at Sky News Starling needs Engine to fuel IPO dream Companies offer myriad reasons for the departures of chief executives. Few are as downright peculiar as the one given by Starling Bank when it announced in May that founder Anne Boden was stepping down. “Now that we have grown from [...]
What’s going on at Silicon Valley Bank and why is it shaking UK banking stocks? March 10, 2023 Silicon Valley Bank (SVB) has built its reputation lending to some of the world’s most innovate start-ups and investors. But the Nasdaq-listed bank has now been rocked by what some fear could turn into a very old-fashioned bank run. Shares in the firm have plunged more than 60 per cent in two days and jitters [...]
Lloyds Bank commits to £18bn of lending for UK companies January 6, 2020 Lloyds Bank has committed to lending £18bn to UK businesses over the course of 2020, the same amount as it promised in 2019 despite the uncertainties of the year ahead. The high-street bank said the money will be lent to companies across the spectrum, from “micro-businesses” to large multinationals. Read more: Barclays, Lloyds and RBS [...]
FCA to be granted powers to protect cash access as banks slash branches May 19, 2022 The UK’s top financial watchdog will be granted fresh powers to ensure that banks provide access to cash as Britain’s high street lenders move to slash branch numbers across the country.
FTSE 100 today: London markets set to open higher as yields retreat May 31, 2024 Asian stocks rise despite Wall Street slowdown, Nasdaq's biggest drop in a month. All eyes are on US PCE and Eurozone CPI data.
Mark Kleinman: Why Barclays’ £1bn Telegraph bid won’t be the last word, Alison Rose’s next move and why no one wants to be chair of the BBC October 19, 2023 The must-read column from the man in the know, City Editor at Sky Mark Kleinman Barclays’s £1bn Telegraph bid not the last word Hold the front page: the Barclay family’s effort to lodge a knockout bid for The Daily Telegraph was timed like the arrival of a blockbuster newspaper story minutes before the final edition, [...]