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Nicholas Megaw

Retail Banking Reporter
Email Nicholas Megaw @NicholasMegaw (link opens in a new browser window)
Email Nicholas Megaw @NicholasMegaw (link opens in a new browser window)

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  • Wednesday, 27 January, 2021
    JPMorgan Chase & Co
    JPMorgan ventures into UK retail banking with digital-only launch

    Wall Street lender follows similar foray by Goldman and joins local start-ups Monzo and Starling

  • Sunday, 24 January, 2021
    Brexit
    Mastercard to increase fees for UK purchases from EU

    Departure from single market spells end for Brussels-mandated cap on transaction levies

  • Tuesday, 19 January, 2021
    #fintechFT
    Funding mega-rounds highlight investor ‘fomo’ Premium

    Would-be Stripe rivals Checkout.com and Rapyd raise $750m in a week

  • Monday, 18 January, 2021
    Funding Circle Holdings PLC
    Funding Circle predicts annual results will surpass expectations

    Business lending platform receives boost from government loan schemes

  • Friday, 15 January, 2021
    News in-depthRetail sector
    UK retailers face up to challenge of enforcing mask wearing

    Smaller chains such as Iceland do not have sufficient security to confront rule breakers

  • Thursday, 7 January, 2021
    Coronavirus economic impact
    Debt collectors want bigger role in recovering bounce back loans

    UK Treasury under growing pressure to minimise taxpayer losses from the scheme

  • Saturday, 2 January, 2021
    Climate change
    UK banks to launch wave of green products

    Britain’s biggest lenders under fire for slow response to global warming

  • Tuesday, 29 December, 2020
    InterviewTransferWise Ltd
    TransferWise: the UK fintech grows up

    Rapid expansion of money transfer group has fuelled competition from bigger rivals

  • Tuesday, 29 December, 2020
    Revolut Ltd
    Revolut faces legal action over bonus dispute

    Row over language skills comes as digital bank has been working to lift reputation after earlier criticism of culture

  • Promoted Content
  • Tuesday, 29 December, 2020
    Banks
    Post Office leads drive to preserve UK access to cash with banking hubs

    State-owned group to begin trial of shared branches next month

  • Monday, 21 December, 2020
    Metro Bank
    Metro Bank shares soar following mortgages sale

    Deal to offload fifth of its loan book removes need for potentially crippling debt issuance

  • Monday, 21 December, 2020
    Co-operative Bank
    Co-op Bank calls off sale talks with Cerberus

    UK lender has been subject of M&A speculation during recent struggles

  • Friday, 18 December, 2020
    Lloyds Banking Group PLC
    Lloyds cancels staff bonuses after profits fall

    UK bank tells employees it failed to meet criteria for payouts in 2020

  • Monday, 14 December, 2020
    National Westminster Bank PLC
    NatWest brings back 90% mortgages as buyer demand soars

    UK banks and building societies more confident over riskier lending as fears over house prices ease

  • Monday, 30 November, 2020
    Lloyds Banking Group PLC
    Lloyds picks Charlie Nunn as new chief executive

    UK bank poaches HSBC’s global head of wealth and personal banking to replace António Horta-Osório

  • Monday, 30 November, 2020
    ABN Amro
    ABN Amro to cut 2,500 jobs as it seeks to ‘future proof’ bank

    Dutch lender braces for sustained period of low or negative interest rates

  • Monday, 16 November, 2020
    European banks
    Virus speeds decline of bank branches as pensioners warm to video chat

    Changing customers habits and pressure on costs are forcing even the most stubborn holdouts to rethink

  • Friday, 30 October, 2020
    FT CollectionsData rich: the numbers behind corporate news
    Banks stay bullish despite worsening pandemic

    Third-quarter earnings results have left many executives lobbying for dividends to restart

  • Friday, 30 October, 2020
    Royal Bank of Scotland
    NatWest returns to profit following drop in bad debt provisions

    Chief executive Alison Rose cautious on outlook and says ‘challenging times lie ahead’

  • Thursday, 29 October, 2020
    Lloyds Banking Group PLC
    Lloyds returns to profit as it strikes brighter note

    UK’s largest retail bank benefits from buoyant property market and reports drop in new provisions for bad loans

  • Tuesday, 27 October, 2020
    Banco Santander SA
    Santander back to profit after quicker customer recovery

    Spanish bank says clients who took loan holidays restarted payments sooner than expected

  • Saturday, 24 October, 2020
    UK banks
    Banks look to debt collectors to recover bounce back loans

    Outsourcers contacted to deal with expected wave of defaults and fraud cases

  • Saturday, 24 October, 2020
    Banks
    UK banks raise rates to stifle home loan boom

    Lenders struggling to process mortgage borrowing as buyers look to beat stamp duty deadline

  • Tuesday, 20 October, 2020
    Co-operative Bank
    Co-op Bank appoints CFO Nick Slape as new chief executive

    UK lender’s new head prioritises completion of turnround plan begun by his predecessor

  • Monday, 19 October, 2020
    Amigo Holdings PLC
    Amigo told not to pay dividends or bonuses without regulator approval

    Action by FCA follows attempt by founder to regain control of UK subprime lender

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