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Lloyds Bank backs Incubeta with growth strategy

A London-based international digital company, incorporating a team of experts in marketing, technology, data and creative, is set to expand further following funding from Lloyds Bank to support its growth… The post Lloyds Bank backs Incubeta with growth strategy appeared first on London Business News | Londonlovesbusiness.com.

Barclays chief Jes Staley steps down over Epstein inquiry

Jes Staley has stepped down following UK regulators’ probe of the Barclays chief executive’s relationship with the late Jeffrey Epstein. The bank said it and Mr Staley decided he should… The post Barclays chief Jes Staley steps down over Epstein inquiry appeared first on London Business News | Londonlovesbusiness.com.

Higher expectations and lower lending margins weigh on NatWest’s shares

It will be little consolation to chief executive Alison Rose but the fact that investors can find a £1 billion quarterly profit disappointing shows how far NatWest has come in… The post Higher expectations and lower lending margins weigh on NatWest’s shares appeared first on London Business News | Londonlovesbusiness.com.

Lloyds’ strong results fail to lift the FTSE

Despite the best efforts of Lloyds and GlaxoSmithKline to drive the FTSE 100 forward, the UK stock benchmark slipped 0.3% to 7,232 because of negative movements from index heavyweights Royal… The post Lloyds’ strong results fail to lift the FTSE appeared first on London Business News | Londonlovesbusiness.com.

GB Bank receives UK banking licence

Champion of the North’ GBB today received its UK banking licence (Authorised with restrictions or ‘AWR’), which means it has been authorised and regulated to trade with restrictions by the… The post GB Bank receives UK banking licence appeared first on London Business News | Londonlovesbusiness.com.

HSBC beats forecasts

So far the UK banks are doing a pretty good job of emulating the stellar performance of their American cousins earlier this month. Hot on the heels of better than… The post HSBC beats forecasts appeared first on London Business News | Londonlovesbusiness.com.

What can giants like Visa or Mastercard gain from NFTs?

A growing number of businesses are joining in on the Non-Fungible Token (NFT) craze. Not long ago, Visa, the payments processing behemoth, bought a “CryptoPunk” – one of the thousands of… The post What can giants like Visa or Mastercard gain from NFTs? appeared first on London Business News | Londonlovesbusiness.com.

Barclays gets investment banking boost

Unlike peers like Lloyds and Natwest which retrenched in the wake of the financial crisis to become fairly straightforward lenders, Barclays still has a major investment banking arm. This allowed… The post Barclays gets investment banking boost appeared first on London Business News | Londonlovesbusiness.com.

Demand for banking talent soars after pandemic

Demand for experienced banking operations talent is burgeoning due to healthy real estate funding and high demand from private equity, venture capital, and asset management firms, according to a new… The post Demand for banking talent soars after pandemic appeared first on London Business News | Londonlovesbusiness.com.

Moody’s – Climate risk a major threat to banks’ loan quality

Climate risk is likely to have a major influence on banks’ loan quality, and depending on how climate change unfolds, and on the policy response to it, the losses that… The post Moody’s – Climate risk a major threat to banks’ loan quality appeared first on London Business News | Londonlovesbusiness.com.

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