Hints and tips:
Related Special Reports
...CitizenM’s owners including its largest shareholder Dutch pension provider APG, Singaporean wealth fund GIC and founder Rattan Chadha are being advised by Morgan Stanley and the real estate investment bank...
...The UK bank said on Wednesday that it had returned to profit for the first time since 2018, with a pre-tax profit of £30.5mn in 2023, but chief executive Daniel Frumkin said he would “ensure the bank is...
...When Duffy joined as head of CYBG in 2015, Crosbie was chief operating officer, a role she held for four years until she left to run TSB Bank....
...In a note on the acquisition last month, analysts at Jefferies said previous CMA reviews in the sector had “considered geographical concentration” and the companies’ land banks....
...The Bank of England has kept interest rates on hold at 5.25 per cent for the fifth successive meeting, as evidence grows that inflation is falling....
...Ethan WuWell, if you can cause a bank run with your columns, maybe it’s a different story. And from London, commercial property correspondent Joshua Oliver. Joshua OliverHey, Ethan....
...It is a decent price given the challenges faced by banks today,” Gadhia said. “Nationwide is a good home for it and will benefit customers.”...
...The Bank of England this month opened the door to cutting interest rates....
...The mutual will pay 220p per share for the challenger bank, in a combination that the companies say will create the second-largest provider of mortgages and savings in the UK....
...Like other retail banks, Lloyds has benefited from the Bank of England’s rate increases over the past two years....
...HSBC: Shares in the bank dropped 7 per cent after it unveiled a $3bn charge on the value of its stake in a Chinese bank and a further writedown on commercial real estate....
...Barclays has announced a plan to return £10bn to shareholders over the next three years as chief executive CS Venkatakrishnan attempts to revive the UK bank’s languishing share price....
...Big movers on the (record setting) European equity markets today include emerging markets-focused bank Standard Chartered, German airline Lufthansa and Swiss industrial group Georg Fischer....
...Joshua Oliver’s book ‘Hype Machine: How Greed, Fraud and Free Money Crashed Crypto’ is published this week by Heligo Books Find out about our latest stories first — follow @FTWeekend on Instagram and X,...
...Soon it grew into a great bank, billowing from the waterline. A wedge of geese burst out from the whiteness. An articulated lorry braked as it entered....
...The Bank of England has fined HSBC £57.4mn for failing to correctly identify customer deposits eligible for protection under the UK’s Financial Services Compensation Scheme between 2015 and 2022....
...The data showed the impact of more expensive mortgage deals on the property market, even though rates on offer have edged down in anticipation of rate cuts by the Bank of England later this year....
...Nationwide Building Society has reached a preliminary agreement to buy Virgin Money in a £2.9bn deal that would bolster its ability to challenge the UK’s big four banks....
...of a bank failing....
...Mortgage rates have stabilised since late last year after the Bank of England held interest rates....
...Swap agreements allow two parties to exchange payments, where one pays a fixed rate in exchange for a variable payment pegged to the Bank of England rate....
...Barclays’ UK consumer bank division generates the highest return on tangible equity, a key measure of profitability, while consuming much less capital than its investment bank, according to JPMorgan....
...The bank said on Friday that it would take on Tesco Bank’s credit cards and unsecured personal loans, totalling about £8.3bn of lending balances....
...The effective interest rate on the company’s “bank loans and corporate borrowings” rose to 8 per cent, from 4.8 per cent in 2022. The interest bill on these borrowings rose 45 per cent to £55mn....
International Edition