UK watchdog probes Greencore-Bakkavor merger
The Competition and Markets Authority launches in-depth investigation into proposed £1.7bn merger between food manufacturing giants Greencore and Bakkavor, citing serious competition concerns.
Category : Search result: banking merger
Global stocks rally as US-China trade tensions ease
World stock markets rally on renewed US-China trade optimism while UK competition watchdog scrutinises major food manufacturing merger between Greencore and Bakkavor.
Nationwide announces major branch network changes
Nationwide Building Society announces significant restructuring across its UK branch network, affecting opening hours and services at multiple locations.
Warner Bros Discovery Eyes Paramount in Mega Media Merger
Exclusive: Warner Bros Discovery CEO David Zaslav explores potential acquisition of Paramount Global, signalling massive consolidation in streaming and entertainment sectors.
Lloyds Bank explains customer access problems
Lloyds Banking Group explains ongoing technical issues affecting mobile and online services, with customers reporting login problems and payment failures.
NatWest Announces Major Banking Overhaul
NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.
Lloyds and Schroders forge wealth management alliance
Lloyds Banking Group announces strategic partnership with Schroders plc to create a new wealth management venture, combining Lloyds' extensive customer base with Schroders' investment expertise.
Rory McIlroy's shock PGA Tour board exit revealed
Northern Irish golf sensation Rory McIlroy makes shock exit from PGA Tour policy board, citing personal and professional pressures as LIV Golf merger talks continue to reshape professional golf.
Warner Bros Discovery Eyes Paramount in Blockbuster Merger
Exclusive: Warner Bros Discovery explores acquiring Paramount Global in a move that could reshape the entertainment landscape and create a streaming superpower.
ANZ Banking App Crashes in Nationwide Outage
Thousands of ANZ customers across Australia were left stranded as both the mobile app and internet banking services crashed simultaneously, sparking fury and financial anxiety.
Lloyds Banking Group Hit by Major Service Outage
Thousands of UK banking customers were left stranded as Lloyds Banking Group services crashed, leaving accounts inaccessible and payments failing across multiple major banks.
Paramount-Skydance merger cuts 2,000 US jobs
The landmark merger between Paramount Global and Skydance Media will result in significant workforce reductions across the United States as the entertainment giants streamline operations.
NatWest student account chaos leaves thousands stranded
Exclusive investigation reveals how NatWest's system failures have trapped students in banking chaos, with frozen accounts and mounting financial stress across UK campuses.
Westpac tightens savings rules for younger customers
Major Australian bank Westpac introduces stricter conditions for younger customers seeking competitive savings rates, requiring regular deposits and balance growth to qualify.
Vodafone and Three Confirm UK Mobile Network Merger
Vodafone UK and Three UK confirm landmark merger to create Britain's largest mobile network, promising better coverage and 5G investment while facing regulatory scrutiny over competition concerns.
Lloyds Bank cuts 1,600 jobs in restructuring
Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.
JP Morgan mandates biometric data for UK staff access
Banking giant JP Morgan requires all UK headquarters staff to share fingerprint and facial recognition data for building access, sparking privacy debates and union concerns.
Lloyds warns of bigger car finance scandal hit
Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.
Lloyds Bank Under FCA Investigation: Shares Drop
Lloyds Banking Group faces formal FCA investigation over potential regulatory breaches, sending shares plummeting as market confidence wavers.
Metro Bank glitch leaves customers with missing money
Thousands of Metro Bank customers faced payment chaos and missing money as a major technical glitch crippled online and mobile banking services across the UK.
Metro Bank App Crash: Customers Locked Out of Accounts
Metro Bank customers left stranded as mobile app and online services crash for hours, with frustrated users unable to access their money or make payments during widespread outage.
Banking Climate Alliance Collapses Amid US Pressure
The UN-backed Net-Zero Banking Alliance has been abruptly dissolved following US political pressure and legal threats, dealing a significant blow to global climate finance efforts.
CBS sued for $14bn over failed merger amid Bari Weiss row
Media giant CBS and parent company Paramount Global confront staggering legal action as shareholders allege deception over failed merger plans amid political firestorm involving journalist Bari Weiss.
CMA Launches Probe into Nationwide-Virgin Money Merger
The UK's Competition and Markets Authority has initiated a formal 'phase 1' investigation into the proposed £2.9 billion acquisition of Virgin Money by Nationwide Building Society, scrutinising potential impacts on consumer choice and competition.
Paramount Agrees to £2.4bn Skydance Merger, Ends Redstone Era
In a dramatic media industry shake-up, Paramount Global agrees to a monumental £2.4 billion merger with Skydance Media, shutting out a rival bid from Warner Bros Discovery and concluding the Redstone family's decades-long control.
Kent and Greenwich Universities announce historic merger
The University of Kent and the University of Greenwich are set to merge in a landmark deal, forming a powerful new higher education institution to rival the UK's elite. The move aims to enhance research, teaching, and regional economic impact.
Kent and Greenwich Universities in Historic Merger Talks
Exclusive: The University of Kent and the University of Greenwich are in advanced discussions over a potential 'strategic partnership', a move that could reshape higher education in South East England. The talks, described as 'exploratory', could lead to
Autumn 2025 Bank Closures: Full List of Shutting Branches
Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.
Anglo American Rejects £34bn BHP Takeover Bid
London-listed mining titan Anglo American has emphatically rejected a colossal £34 billion takeover proposal from Australian rival BHP, branding the bid 'highly unattractive' and opportunistic. The deal would have created a global mining behemoth.
Barclays & BoS Face Massive Fines Over Unfair Mortgages
The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers
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