Finance News – Lender
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Trump's son-in-law Kushner takes stake in UK lender OakNorth
Jared Kushner's private equity firm has acquired an interest in a UK-based banking company that aims to accelerate its growth within the American financial market.
Read Full Article →Vietnam state-run Military Bank partners with Dunamu to launch crypto exchange
The collaboration between a Vietnamese government-owned bank and a leading South Korean blockchain firm aims to create a new platform facilitating digital asset trading within the...
Read Full Article →Barclays second-quarter profit beats estimates as investment banking revenues swell
Barclays exceeded expectations in the second quarter due to a notable increase in income from its investment banking division, contributing significantly to the overall financial r...
Read Full Article →Sui Spotlighted as Nasdaq-Listed Lender Raises $450 Million for Crypto Treasury
Mill City Ventures secured $450 million to support its cryptocurrency holdings, resulting in a substantial increase in its Nasdaq-listed stock value by more than 270% within one we...
Read Full Article →NatWest investors given £1.5bn weeks after full privatisation
Following increased earnings, NatWest intends to return significant capital to shareholders through dividends and share repurchases shortly after the government's complete exit fro...
Read Full Article →UK's biggest lender expects cheaper borrowing by year end
The leading mortgage provider in the UK anticipates a reduction in interest rates later this year, which could lower borrowing costs for consumers and potentially stimulate financi...
Read Full Article →The Bank of England is right: £25bn in assets isn’t that much for an SME lender
The upcoming regulatory adjustments easing asset thresholds for mid-sized lenders around £15-£25 billion could enable these institutions to expand their offerings and support more...
Read Full Article →Hudson's Bay fights back against lender that wants to terminate lease sales to Ruby Liu
The agreement is expected to produce substantial financial gains for the company as it works to repay millions of dollars owed to its creditors.
Read Full Article →DeFi Lender Deploys $1M for Student Loans to the Philippines, Indonesia—But at What Cost?
The allocation of $1 million toward student loans in Southeast Asia marks a notable development in utilizing digital assets to support education financing while offering investors...
Read Full Article →Secure Trust Bank: Jobs at risk as lender exits motor finance
By discontinuing new loans in its vehicle finance sector and gradually reducing its current portfolio, Secure Trust Bank aims to improve profitability but may face workforce reduct...
Read Full Article →Santander to buy TSB for £2.65bn amid fears of branch closures and job losses
Santander’s acquisition of TSB for £2.65 billion represents a significant consolidation in the banking sector, potentially impacting operational structures and employment within th...
Read Full Article →Santander to buy UK high street lender TSB for £2.65bn
Santander’s acquisition of a major UK retail bank for £2.65 billion highlights a significant investment move, outcompeting another prominent bidder and expanding its presence in th...
Read Full Article →How to Choose a Mortgage Lender in Five Steps
Selecting the right mortgage provider involves evaluating various loan options, interest rates, and contract details carefully to ensure the best financial outcome for your home pu...
Read Full Article →Profit triples at SME lender Iwoca as loans near £1bn
Iwoca’s pre-tax profit increased significantly to £59.1 million in 2024, reflecting substantial growth in revenue and lending activity focused on small and medium-sized enterprises...
Read Full Article →Santander interested in TSB takeover
Santander's potential acquisition of TSB could reshape the competitive landscape of the UK banking sector, affecting market share and financial dynamics among key industry players.
Read Full Article →S&U shake off motor finance woes as verdict looms
The company demonstrated improved financial performance early in the year, reinforcing confidence in its ongoing recovery efforts despite previous challenges within the motor lendi...
Read Full Article →Banco Sabadell weighing sale of TSB Bank
Banco Sabadell is considering divesting its UK retail banking subsidiary following external inquiries, which could impact its financial structure and strategic positioning in the i...
Read Full Article →Sabadell explores sale of UK high street bank TSB
Sabadell is considering offers for its British banking division as part of a strategy to strengthen its financial position and prevent an unwanted acquisition by another major Span...
Read Full Article →Metro Bank shares surge on talk of private equity takeover
The possibility of a private equity acquisition has significantly increased Metro Bank’s stock value, raising questions about future operational changes and stability for its emplo...
Read Full Article →Trade wars to weigh on two-thirds of developing countries, World Bank warns
The World Bank indicates that escalating trade conflicts are likely to hinder economic progress for many developing nations, particularly those outside Asia, potentially limiting t...
Read Full Article →Crypto Lender Maple Finance Expands to Solana With Chainlink
Maple Finance’s expansion to Solana involves significant financial investments, including half a million dollars in incentives and the management of liquidity exceeding thirty mill...
Read Full Article →Natwest returns to private ownership
The government’s complete sale of its remaining shares in Natwest concludes its decades-long investment, signaling a shift in the bank’s ownership and ending public sector involvem...
Read Full Article →UK business confidence bounces back from Trump’s tariff blow
In May, UK companies showed increased optimism as market conditions improved following recent trade tensions, with a key business sentiment index rising significantly to its highes...
Read Full Article →Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk
Ledn’s decision to concentrate solely on bitcoin aims to streamline its offerings and potentially minimize exposure to volatile assets, impacting its financial stability and client...
Read Full Article →Motor finance: How rough a ride are Close Brothers in for?
Close Brothers is facing financial pressure as increasing expenses and declining loan portfolios challenge its stability, while an important regulatory decision could significantly...
Read Full Article →Close Brothers shares drop as costs rise from motor finance threat
Close Brothers reported increased operational costs during the third quarter, with net expenses rising to £13.9 million, reflecting ongoing challenges linked to its motor finance a...
Read Full Article →Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Despite being owned by the same company, Virgin Money mortgage clients face higher costs compared to Nationwide customers, resulting in nearly £1,000 more in fees on comparable hom...
Read Full Article →Vanquis shares jump after recovery from complaints storm
Vanquis Banking Group’s stock increased notably as the company returned to a profitable position despite earlier challenges related to customer grievances this year.
Read Full Article →UniCredit lifts outlook as it beats expectations with record profit
Italy’s second largest bank reported its strongest quarterly earnings to date, surpassing forecasts and prompting an upgraded forecast, highlighting its improving financial perform...
Read Full Article →Celsius founder gets 12 years in prison for crypto fraud
The lengthy prison term for the cryptocurrency lender’s founder highlights the serious legal consequences associated with fraudulent activities in the digital asset industry.
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