Nicholas Megaw | Financial Times

Accessibility help Skip to navigation Skip to content Skip to footer

Saturday, 24 October, 2020

UK banks
Banks look to debt collectors to recover bounce back loans
Outsourcers contacted to deal with expected wave of defaults and fraud cases
Saturday, 24 October, 2020

Banks
UK banks raise rates to stifle home loan boom
Lenders struggling to process mortgage borrowing as buyers look to beat stamp duty deadline
Tuesday, 20 October, 2020

Co-operative Bank
Co-op Bank appoints CFO Nick Slape as new chief executive
UK lender’s new head prioritises completion of turnround plan begun by his predecessor
Monday, 19 October, 2020

Amigo Holdings PLC
Amigo told not to pay dividends or bonuses without regulator approval
Action by FCA follows attempt by founder to regain control of UK subprime lender
Friday, 9 October, 2020

Mortgages
Banks rebuff Boris Johnson’s call for low-deposit mortgages
Lenders wary of risky loans owing to bleak economic outlook and rising unemployment
Wednesday, 7 October, 2020

Special ReportFuture of Payments
Pandemic turbocharges global payment trends
More businesses make digital shift but intermediaries still take too much of a cut
Tuesday, 6 October, 2020

First-time buyers
Banking industry sounds alarm on Johnson’s housing plan
Trade body warns against irresponsible lending after PM proposes low-deposit mortgages
Tuesday, 6 October, 2020

Co-operative Bank
Co-op Bank begins search for sixth chief in under a decade
Andrew Bester announced his exit 18 months into bank’s five-year turnround plan
Wednesday, 30 September, 2020

TSB Banking Group PLC
TSB to shut a third of bank branches
Move by Spanish-owned lender will trigger loss of 969 jobs
Promoted Content
Tuesday, 29 September, 2020

Amigo Holdings PLC
Amigo defeats founder’s second attempt to seize control
About 57% of votes go against James Benamor’s bid to rejoin the UK lender’s board
Thursday, 24 September, 2020

Funding Circle Holdings PLC
Half-year losses triple at UK peer-to-peer lender Funding Circle
Sudden onset of pandemic forced company to write down value of loans it had hoped to sell on
Wednesday, 23 September, 2020

Amigo Holdings PLC
Amigo’s ex-chief abandons plan to return to UK subprime lender
Decision comes days before investors have to decide whether to back board or group’s founder
Wednesday, 23 September, 2020

UK banks
Virgin Money bags biggest prize in UK banking scheme
Lender receives £35m from contentious government-backed fund designed to spur competition
Tuesday, 22 September, 2020

TransferWise Ltd
TransferWise doubles profits despite ‘volatility’ from pandemic
Money transfer group says volumes had been ‘fluctuating’ but trading was in line with expectations
Friday, 18 September, 2020

CaixaBank SA
CaixaBank and Bankia strike deal to create Spain’s biggest lender
Agreement signals long-awaited consolidation in a fragmented banking sector
Thursday, 17 September, 2020

UK banks
Allica Bank plans to raise £100m to meet loan demand
Newly formed lender speeds up fundraising plans following stronger than expected demand
Thursday, 17 September, 2020

UK banks
UK lenders join forces to measure climate impact of mortgage books
Growing international trend among big banks facing customer and investor pressure to clean up balance sheets
Tuesday, 15 September, 2020

Financial Ombudsman Service
Financial Ombudsman defends approach after lender criticism
Some in industry have accused it of being able to regulate companies out of existence
Monday, 14 September, 2020

#fintechFT
Business banking hopes to ride wave of new start-ups Premium
Banks are hoping to benefit from what appears to be a surge in new start-ups
Wednesday, 9 September, 2020

Lloyds Banking Group PLC
Lloyds to cut 865 jobs as cost pressures on banks intensify
Losses will be offset by creation of 226 new positions elsewhere at UK lender
Friday, 4 September, 2020

European banks
Spanish lenders Bankia and CaixaBank in €17bn merger talks
Proposed all-share deal would create country’s largest bank with assets of more than €650bn
Thursday, 3 September, 2020

Atom Bank
Atom Bank cuts losses despite collapse of backer Woodford
App-based lender plans to re-enter mortgage market next week and £100m funding raise
Saturday, 29 August, 2020

Banks
UK banks convert branches to avoid restaffing big offices
Virgin Money and Metro Bank have plans in place, with Lloyds about to start testing
Friday, 28 August, 2020

Financial services
Amigo seeks to reassure investors after profits plunge
UK subprime lender also involved in acrimonious row with founder James Benamor
Friday, 28 August, 2020

UK banks
Marshall Wace makes record bet against Lloyds
London hedge fund’s short position in UK lender comes as the pandemic hammers the economy