GB Bank: Property finance specialist moves headquarters to London amid rapid expansion August 7, 2024 Property finance specialist GB Bank is moving its headquarters from Middlesborough to London in a bid to grow its presence in the capital and South East.
Another Post Office? HBOS Reading fraud scandal report delayed yet again February 9, 2024 A report into who knew what, and when, about the HBOS Reading fraud has been delayed again
Howden seals £500m support to turn tech start-ups into underwriters October 16, 2023 Howden has secured £500m of delegated underwriting capacity backed by a group of Lloyd's of London firms for a newly launched division that aims to turn tech start ups into underwriters.
HSBC doubles down on homeworking as Lloyd’s of London pushes for return to City HQ February 26, 2023 HSBC’s and Lloyd’s rival plans for the futures of their London headquarters have revealed a growing split in attitudes towards the long-term prospects of working from home. Lloyd’s of London is reportedly in talks to extend the lease on its iconic City headquarters as it works to bring staff back into the office in resisting [...]
FTSE 100 close: London climbs as miners rise on China stimulus and Lloyds jumps into green October 25, 2023 London's FTSE indexes slipped slightly in opening trade as investors mulled results from two of the largest companies in the world last night.
Barclays opens door to bigger bonuses as it eyes investment bank rebound May 9, 2024 Barclays shareholders have waved through a proposal paving the way for it to award bigger bonuses to its top UK bankers as the lender reiterated confidence in its dealmaking arm.
Post Office staff may soon get closure. What about HBOS Reading’s victims? January 9, 2024 Post Office postmasters went unanswered for far too long. Let’s not repeat the error with HBOS Reading’s victims Closure, it seems, is coming to the victims of the Post Office’s postmaster prosecutions, with politicians spurred into action by a heart-rending ITV drama. It is about time. But it is also true that it is not [...]
Banks commit to more hubs as government demands improved cash access March 19, 2024 The UK's biggest high street banks have pledged to identify nearly 200 new places for shared banking hubs and upgrade dozens of locations after calls from the Treasury to improve access to cash.
Lloyds in talks over £400m deal for retirement group Embark May 9, 2021 Lloyds Bank is in talks over a £400m deal to acquire retirement products provider Embark in what would be its biggest acquisition since it returned to private ownership four years ago. The lender is close to finalising a deal and an announcement could come as early as this month, Sky News reported. Embark, which was [...]
How much could a UK bank windfall tax raise? August 29, 2024 The banking sector is considered an easy target for an energy-style windfall tax, with lenders enjoying record profits on the back of interest rate hikes from the Bank of England last year.