Nicholas Megaw

The encroachment of payments specialists on its turf makes the neobank’s life even harder

Bank is aiming for an 18 per cent pre-tax profit margin in the US wealth business by 2028

The card giant is considering making a strategic exit — by selling a majority stake in payments subsidiary Vocalink

Advent International and Stripe’s $53bn offer is a bargain for the buyers

It is easy to look enviously at New York, but the UK is on course to enjoy its best year for new listings since 2021

Those willing to venture outside London should find they have less competition for good companies

The economy still has plenty of challenges but there’s something to be said for facing them with a smile

Bank is down 6 per cent on Euro Stoxx index of Eurozone lenders, even after positive response to its second-quarter results on Wednesday

The possibility of consumers delegating financial tasks to agentic AI poses a new risk for lenders

But the country’s relative isolation from AI may not last