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Financial News broke the news on 20 May that the plans had provoked a dispute between the LSE Group and Reuters

City editor

Reuters has postponed plans to introduce a new paywall on its website, after complaints from the London Stock Exchange Group that the move would place the media company in breach of a 30-year agreement in the sale of its news to data provider Refinitiv.

Reuters had intended to start charging for its news from June, as part of a wider strategy to boost revenue from its digital news readership.

Reuters postpones plans for website paywall after spat with LSE

Lucy McNulty

Blackstone Group

Thomson Reuters

JPMorgan

Goldman Sachs

Bank of America

Wells Fargo

Citi shuts Málaga office it opened to battle banker burnout

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’

Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Chicago-based Northern Trust has a market value north of $21 billion. The firms’ chief executives had at least one conversation.

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger

Oil seesawed and Asian equity markets were mixed after the U.S. carried out strikes on Iranian nuclear sites over the weekend, raising concerns about an escalation of the conflict that began with Israeli attacks on Iran.

Oil Stays Volatile as Markets Weigh U.S. Attacks on Iran

In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent.

By Meghan Bobrowsky, Berber Jin and Ben Cohen

Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Pay Packages

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

How Weight-Loss Drugs Blew Out the U.S. Trade Deficit

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Financial News

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How Weight-Loss Drugs Blew Out the U.S. Trade Deficit