All articles by Douglas Blakey

Douglas Blakey

National Bank of Canada to acquire Silicon Valley Bank’s Canadian portfolio

NBC says that the acquisition aligns with the bank’s commitment to the Canadian Tech industry

Metro Bank to open 11 new stores, posts third straight quarter of profits

Metro Bank reports a first half pre-tax profit of £15.4m compared with a loss of £10.5m in the year ago period

Has distrust in the Chinese mortgage market created opportunities for neo-banks?

Phoebe Hodgson examines the prospects for China-based digital challengers to steal mortgage market share from incumbent lenders

Patents signal: banking and payments sector patents activity drops sharply in 2023

Fintech, digital banking, online payments and cybersecurity remain the most active themes for patent activity ahead of AI ranking a distant fifth

Jobs signal: US, Canada and UK banking sector hiring down sharply for the year to date

The Indian banking sector jobs sector is holding up strongly compared to big drops in hiring activity in the US, Canada and the UK

Cash savings: FCA sets out 14-point action plan

FCA threatens action against any bank or building society that cannot show that their savings rates offer customers fair value

Cooperative Bank H1 2023 profits flat y-o-y at £61.8m

The UK’s Co-op Bank reports resilient first half results boosted by a 33-basis point rise in its net interest margin

NatWest Q2 2023 beats forecasts with 27% rise in pre-tax profits

NatWest pre-tax profits of £1.77bn compares with £1.39bn for the year ago quarter. The bank will kick off a further £500m of share buybacks but shaves its forecast for full year net interest income

Tifin and JP Morgan launch Tifin.AI

Tifin has evolved from its roots as a startup incubator. It is now collaborating with JP Morgan to accelerate thematic AI-powered fintech innovation

KAYA launches to bridge climate finance gap for developing countries

Berlin-based startup aims to develop environmental projects, providing quality returns for investors while accelerating global climate change mitigation efforts