Lady Reyna Barclay, the matriarch of the Barclay family, faces legal action from Deutsche Bank Luxembourg concerning an unpaid debt of nearly £19 million owed by her son, Alistair Barclay.
All posts tagged in banking
39Articles
In a significant move that impacts the high street, Santander UK has announced the closure of 44 bank branches across the country. This decision places approximately 291 jobs at risk
Lloyds Banking Group, the UK’s largest domestic lender, is set to return over £3.1 billion to its investors following an impressive year of financial performance. The bank has announced plans
Nigel Farage, the leader of Reform UK, has reiterated his intention to abolish interest payments that the Bank of England currently extends to commercial banks on reserves amassed during quantitative
Monzo Bank is confronting a period of turbulence as major shareholders express discontent following the resignation of chief executive TS Anil. Several investors, who collectively state that they hold half
Three of Britain’s leading banks, Lloyds, NatWest, and HSBC, are facing sharp criticism following revelations that they leaned on a discredited study to inform decisions related to climate risk and
Two leading Wall Street banks have unveiled significant expansion plans in the United Kingdom. JP Morgan has announced the construction of a new three million square foot tower in Canary
Shares in leading UK banks rose sharply amid growing confidence that the sector will escape new tax increases in Rachel Reeves’s forthcoming budget. On Tuesday, Lloyds shares climbed by 3.8
Since the 2016 referendum, the City of London has wrestled with the repercussions of Brexit, witnessing its position among Europe’s financial capitals dented and its renowned productivity engine flagging. As
HSBC’s chief financial officer has raised a red flag regarding growing risks in the private credit market, expressing particular concern about hedge funds and smaller banks with significant exposure to
NatWest has reported a sharp rise in profits, buoyed by an increase in its net interest margin and strong loan growth, marking its best quarterly performance since before its government
Shawbrook, the specialist lender rooted in Essex, is preparing to make a significant return to the London Stock Exchange, targeting a valuation of up to £2 billion through its initial
JP Morgan has unveiled its new global headquarters, a sixty storey skyscraper at 270 Park Avenue, New York, at a reported cost of three billion dollars. Designed by Lord Foster,
The City of London is set for a major shake-up as UK regulators loosen bonus rules for bankers, aiming to fortify the Square Mile’s standing amongst the world’s top financial
Two of the UK’s banking giants are facing group legal actions over controversial shared appreciation mortgages that have left some borrowers owing up to twenty times more than they originally
London’s top high street banks suffered a sharp fall in market value as concerns mounted over a potential windfall tax rise to shore up government finances. More than £6 billion
