Tag results for: banking

Barclays’ payment business sold to private equity giant – London Business News | Londonlovesbusiness.com

Private equity giant Brookfield has snapped up UK lender Barclays’ payments business. Matt Hammerstein, CEO, Barclays UK Corporate Bank said: “Finding a partner to...

JPMorgan CEO Jamie Dimon sells shares amid tariff tumult – London Business News | Londonlovesbusiness.com

JPMorgan  CEO Jamie Dimon has sold about $31.5 million worth of the bank’s shares, according to a regulatory filing. Dimon had also offloaded some...

Brits could be sitting on £3 Billion in forgotten funds – London Business News | Londonlovesbusiness.com

Brits are sitting on a hidden cash pile worth a staggering £3  made up billion of unspent gift cards, small change, leftover foreign currency and...

Private credit is creating a quiet revolution in debt finance – London Business News | Londonlovesbusiness.com

The explosion in private credit investment is transforming funding for mid-market businesses as direct lenders push into markets previously dominated by banks. Despite the...

Hundreds of jobs at risk as Santander plans branch closures – London Business News | Londonlovesbusiness.com

The Spanish banking giant is to close a further 95 branches in the UK putting hundreds of jobs at risk from June. Santander have...

Stanchart boss earns £13m bonus – that is 35,000 times more than average UK pay – London Business News | Londonlovesbusiness.com

Standard Chartered boss Bill Winters is set to earn a £13.1m bonus every year, it was revealed today. This is 34,600 times more than...

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Xbox’s VR headset with Meta could release sooner than we thought

Xbox has come a long way since its humble beginnings as a chunky console. It's recently taken on the form of an Asus...

Chinese company Netease is making an AAA action-adventure game called ‘Blood Message’

NetEase, the Chinese video game company that published Marvel Rivals and Bungie's Destiny: Rising, has announced its first single-player AAA game. It's a...

Tesla inaugural Robotaxi rides will have a human ‘safety monitor’ on board

A select few will soon get to experience Tesla's robotaxi service for the first time, but they won't be alone in the car....