Blackrock, the world's largest asset manager, is cutting another 250 jobs in London. This follows a previous round of layoffs as the firm restructures its workforce. Read the full story on the latest City job cuts.
Citigroup announces plans to cut 1,000 jobs in the UK as part of a global restructuring. The move follows CEO Jane Fraser's strategic overhaul to boost profitability.
German bank Berenberg has promoted Jan Schiedat to lead its European investment banking team, a key move in its strategic expansion. Discover the implications for London's financial sector.
After years of closures, UK banks are reopening branches in a mini high street revival. Nationwide's pledge to keep 696 sites open until 2030 offers relief to customers like those in Northampton.
BNP Paribas has restructured its capital markets leadership, promoting Michael Lynagh and Olivier Jourdan to new co-head roles. Discover the strategic moves shaping the bank's future.
HSBC has recruited former Citi veteran Ida Liu to head its global private banking division, aiming to strengthen its wealth management services for ultra-high-net-worth clients.
A federal judge moves to block hundreds of layoffs across four US agencies, citing a law passed to end the government shutdown. Read the latest on this legal setback.
PayPal has filed for a US banking licence, aiming to boost small business lending. The move follows Trump's deregulatory reforms, attracting UK fintechs like Revolut and Starling to also eye the American market.
HSBC concludes its search for a new chair, while Citigroup reshuffles its UK investment banking leadership. Get the latest on major moves in London's financial sector.
Eidos-Montréal cancels a second Legacy Of Kain reboot and cuts jobs, shifting to a support studio role under Embracer Group. Read the full analysis of the gaming industry's turmoil.
Citigroup has elevated 276 bankers to managing director in its latest annual promotion round, a key move in CEO Jane Fraser's strategic overhaul. Discover the regional breakdown and strategic focus.
JPMorgan Chase has restructured its European equity capital markets leadership, promoting Viswas Raghavan and Dwayne Lysaght to co-heads. Discover the strategic moves shaping the bank's top-tier advisory team.
Fintech giant Revolut and the London Stock Exchange Group partner with OpenAI, using ChatGPT-5 to enhance financial crime protection and automate processes. Discover how UK banks are leveraging AI.
Paragon Banking Group's CEO Nigel Terrington signals acquisition plans following a key regulatory reform. The lender's results show profit growth but rising provisions for motor finance and development loans.
RBC Capital Markets recruits senior Citigroup dealmaker Sean Weissenberger to head its European chemicals investment banking coverage, expanding its regional team. Read the full story.
A new digital business account from Allica Bank offers high interest on idle cash and cashback, potentially earning firms £10,000 a year. Discover how to boost your bottom line effortlessly.
HSBC appoints Brendan Nelson as chair after a turbulent search. The move follows a major leadership reshuffle and a strategic pivot towards Asia. Read the full story.
Barclays CEO CS Venkatakrishnan says traditional banks must learn from fintechs like Revolut, which hit a $75bn valuation. He highlights innovation and regulatory contrasts. Read the full analysis.
Rothschild & Co strengthens its UK investment bank with a key hire from Barclays, signalling a push in European advisory services. Discover the strategic implications.
BNP Paribas taps Barclays veteran James Rushton to spearhead its UK infrastructure finance expansion, signalling a major push in the competitive sector. Discover the strategic move.
Mitcham will get a shared banking hub in 2026 after a successful community campaign overturned an initial rejection, restoring vital face-to-face services. Read the full story.
JPMorgan recruits former Goldman Sachs managing director, Stefano Biscaldi, to lead its European financial sponsors group. Discover the strategic move shaping investment banking.
Revolut faces scrutiny after failing to inform UK watchdogs that CEO Nik Storonsky shifted his residency to the UAE. The fintech giant insists the move doesn't affect management.
HSBC has signed a deal with French AI firm Mistral to deploy its large language models across the bank, aiming to boost efficiency and internal tool development. Read more.
Guardian columnist Tim Dowling recounts his frustrating ordeal with a bank helpline that mistakenly identified him as elderly and confused. A cautionary tale for anyone navigating automated customer service.
RBC Capital Markets strengthens its European healthcare division with key hires as Mayer Brown announces 36 partner promotions globally. Discover the strategic moves shaping finance and legal sectors.
US financial regulators confirm serious investigation into banking executives including Jes Staley over alleged facilitation of Jeffrey Epstein's criminal activities through banking access.
JP Morgan commits to a new £3bn Canary Wharf headquarters after UK government assurances on pro-business policies. The project promises major economic benefits for London.
Global trading giant Jane Street has provided its UK subsidiary with £500m in fresh capital, significantly expanding its British operations and market presence. Discover the strategic implications.
Major banks including UBS, Citi and HSBC are implementing artificial intelligence to transform operations and improve client services. Discover how AI is reshaping finance.