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SJP, Quilter brace for Trump trade war turbulence

Wealth Management

Wealth Management Correspondent

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The UK’s biggest wealth managers have emerged from the first quarter in surprisingly decent fighting shape.

Catch up on the top news in wealth management this week

Kristen McGachey

Banking

Business

Finance

Investing

Can Trump’s tariffs help European banks steal a march over Wall Street rivals?

BlackRock’s Larry Fink hails democracy for private assets. But what will it mean for fees?

If Nikhil Rathi wants to stay CEO, he needs to sort out the FCA’s ballooning headcount

Point72 hires ex-Millennium portfolio manager Prejesh Patel

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Patel, who marks the hedge fund’s latest hire, will be based in its London office

Jain Global money manager Anurag Nema exits to Caxton after one year

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Bobby Jain’s hedge fund launched in July

Moelis adds tech banker Oussadon to bolster European dealmaking team

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The boutique has been building out its technology banking team

The president has softened his economic and trade stances in the midst of market turmoil.

The New York law firm is set to hire two top activism defense attorneys from Vinson & Elkins.

Sullivan & Cromwell Is Bolstering Activism Practice With New Hires 

Sales plunged for the third consecutive month, a setback for Elon Musk’s EV maker even as demand for battery-electric vehicles grew in the bloc.

Tesla Sales Slumped Again in EU Last Month

Businesses that cut too many jobs are turning to ex-employees who can get up to speed quickly.

The Company That Laid You Off Wants You Back. What Do You Say?

White House lawyers were studying legal options for ousting the Fed chair, but senior advisers warned Trump that attempting to do so would rattle markets.

By Brian Schwartz, Josh Dawsey and Nick Timiraos

Why Trump Decided Not to Try to Fire Jerome Powell

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Trump Meets His Match: The Markets

Sullivan & Cromwell Is Bolstering Activism Practice With New Hires

Tesla’s EU Sales Slump Again

The Company That Laid You Off Wants You Back. What Do You Say?

Why Trump Decided Not to Try to Fire Jerome Powell