Uk Banking news and trends

Boutique Investment Bank Ardea Reportedly Eyes UK Expansion
Banking // July 15, 2024

Boutique investment bank Ardea Partners is reportedly planning to expand in the U.K. As the Financial Times (FT) reported Monday (July 15), the New York-based Ardea is growing its London office with the recent hiring of Sir Ian Cheshire, who is chair of broadcaster Channel...

Citi Names Barclays Vet James Morris as UK Commercial Banking Head
Personnel // July 15, 2024

Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected to take on that role Sept. 30, Citi announced Monday (July 15) in a news release emailed to PYMNTS. “James...

Europeans Trust Mobile Banks Over Traditional FIs
Fintech Investments // September 24, 2018

Millions of customers across Europe are placing their money with challenger banks over traditional financial institutions. According to The New York Times, favorable regulations in the region and a rise in investor funding have helped boost business for mobile banking companies like Monzo, a British...

Tencent And Allianz Invest $160M Into Mobile Banking Startup
Startups // March 21, 2018

As it builds a retail bank from the ground up, N26 has notched $160 million in a Series C funding round led by Allianz and Tencent. For the round, Allianz invested through its Allianz X investment arm, TechCrunch reported. “I think Tencent and Allianz are a great combination of...

Quick Reads
Lloyds Calls for Swift End to British Car Loan Investigation

September 09, 2024
A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Great Britain’s Financial Conduct Authority (FCA) said in July that it was extending that probe, something that doesn’t sit well with William Chalmers, finance chief for Lloyds. “A delay isn’t what we want to see, we want to see a […]

Boutique Investment Bank Ardea Reportedly Eyes UK Expansion

July 15, 2024
Boutique investment bank Ardea Partners is reportedly planning to expand in the U.K. As the Financial Times (FT) reported Monday (July 15), the New York-based Ardea is growing its London...

Citi Names Barclays Vet James Morris as UK Commercial Banking Head

July 15, 2024
Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected to take on that role...

Europeans Trust Mobile Banks Over Traditional FIs

September 24, 2018
Millions of customers across Europe are placing their money with challenger banks over traditional financial institutions. According to The New York Times, favorable regulations in the region and a rise...