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Professional Services
Chief executive of Principality Building Society to stand down
Appointments
Julie-Ann Haines will be replaced at the helm of the º£½ÇÊÓÆµ's sixth biggest mutual by its current chief financial officer Iain Mansfield
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Lloyds and Barclays shares jump as FCA softens blow on motor finance lenders
By City AM
Shares in motor finance lenders rallied on Wednesday morning after the Financial Conduct Authority dropped a major update on its industry-wide redress scheme
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The latest acquisitions and equity investment news in Wales
Deals
Companies featured include Haverfordwest County AFC, Space Forge, Golley Slater, Bidmead Cook, Nodor and the Development Bank of Wales
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Deansgate landmark move for law firm JMW in 'one of the largest and most complex transactions in city office market this year'
property news
Managing partner hails 'seminal move for JMW'
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Lloyds' 'slow' wealth progress sparks takeover talk as bank looks to beef up offering
By City AM
Lloyds has been slow to build out its wealth management offering and could look to acquire a player in the space, according to analysts at RBC Capital Markets
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Equity deals up in Wales but values have fallen shows new British Business Bank research
Deals
The number of equity deals in 2024 were up 7.2% on 2023 but their combine value declined by more than 12%
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Asda credit card company reports losses wide and warns 'material uncertainty' over future
By City AM
The firm behind the Asda credit card more than doubled its impairment charges last year
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Dains secures fourth acquisition of the year
West Midlands
Growing accountancy group has expanded across its West Midlands heartland with deal to buy Curo
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Ex-head of British Army to lead Santander's defence lending as demand soars
By City AM
General Sir Patrick Sanders, who was chief of the general staff from 2022 to 2024, is set to join the Spanish-headquartered bank to lead its defence industry approach
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Shawbrook confirms plans for London IPO as listings revival gathers pace
By City AM
The Essex-based bank has today published its registration document ahead of its intention to apply to admit its shares to the main market of the London Stock Exchange in a move thought to value the company at as much as £2bn.
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Welsh angel co-investment fund gets £3m new injection from Welsh Government
Deals
The Wales Co-Investment Fund was launched in 2018
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Interview: From kitchen table start-up to multimillion-pound exit
People
Adam Tavener talks to Business Live about launching Clifton Asset Management from his flat in the 1980s – and selling it on for tens of millions this year
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Buyout deal for Birmingham law firm
West Midlands
NBB Law expands footprint in the West Midlands with new acquisition deal
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Personal injury firm merges with larger legal group
Law
VWV Group has offices in Bristol, Birmingham, Watford and London
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Hargreaves Lansdown hits two million clients milestone
Finance
The investment platform's assets under administration have also climbed to a record figure
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Historic South West law firm Coodes snaps up Cornish legal practice
Law
The company said the deal was a 'positive step' for both businesses which operate across the South West
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New trainee intake at Grant Thornton in South Wales and the South West
Grant Thornton
The intake of 27 forms part of 240 at Grant Thornton offices across the º£½ÇÊÓÆµ
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Squire Patton Boggs becomes revamped building's first tenant
West Midlands
Law firm will make short move across Birmingham's business district next summer
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Opinion: Growth, credibility and survival – What’s really at stake in November’s Budget
The Budget
Roger Phillips, tax partner at PM+M, on the Chancellor's delicate balancing act
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Standard Life launches new fund to boost access to private markets
By City AM
The Future Opportunities fund aims to improve outcomes and boost returns by diversifying customer portfolios with exposure to private assets
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Barclays, Citi and JP Morgan bosses issue warning to Rachel Reeves over bank tax hike
By City AM
The bosses of Barclays, Citi and JP Morgan have warned the Chancellor against hiking taxes on the banking sector, as they called for stability and competition
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Law firm Napthens opens in Manchester and hails city’s ‘opportunity, ambition and resilience’
Legal
Managing director says King Street move is 'proud moment' for the firm
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Revolut to invest 3bn in the º£½ÇÊÓÆµ and create 1,000 jobs in major vote of confidence
By City AM
The digital bank said it would pump 3bn into the º£½ÇÊÓÆµ and create 1,000 highly-skilled jobs over the next five years.
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Peer-to-peer lending platform Folk2Folk appoints new chief executive
Appointments
The firm's current managing director is stepping down
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