News
Deutsche Börse eyes more acquisitions after €3.9bn SimCorp deal
Executive says the German group has received inbound interest from firms
2 min read
Zopa Bank doubles profit as $1bn fintech weighs London IPO
Digital bank targets current accounts and investment offering
3 min read
The FCA’s overseas mission is a Brexit consequence
The UK markets watchdog wants to set up shop abroad for the first time. But why?
3 min read
BancTrust strips out management and compliance roles as cost-cutting ramps up
City investment bank has lost 20 London staff in recent months
2 min read
Citi shuts Málaga office it opened to battle banker burnout
In 2022, Citi started a pilot programme in the southern Spanish city in an attempt to better work-life balance
1 min read
Freshfields promotes partners, Paul Hastings hires from Kirkland
Catch up on this week’s top legal news
2 min read
Goldman Sachs wins shareholder vote over $80m executive bonuses
CEO David Solomon and president John Waldron set for bumper retention deals
2 min read
Freshfields names 25 partners in expanded promotions round
Magic Circle law firm names nine partners in London
1 min read
Point72 hires ex-Millennium portfolio manager Prejesh Patel
Patel, who marks the hedge fund’s latest hire, will be based in its London office
1 min read
Gold fund flows near record as investors seek safe havens amid tariff turmoil
BlackRock, UBS and Amundi have posted large inflows into gold products over the past 12 months
2 min read
Argentex seeks emergency loan, sale, as financial position worsens
London-listed currency firm said its liquidity position has deteriorated
2 min read
Why asset managers need to pursue more than scale with M&A deals
Growing without a strategic purpose may not be enough for fund groups to offset headwinds, according to Hugh Elwes
Bitcoin dominance hits multi-year high: ‘Only a stablecoin could unseat it’
Your guide to the week’s biggest fintech stories
A&O Shearman promotes 33 partners, down from 40 last year
Partner promotions fall at newly merged legal giant
Jain Global money manager Anurag Nema exits to Caxton after one year
Bobby Jain’s hedge fund launched in July
Amundi, UBS, State Street hit as investors pull almost €5bn from US stock ETFs
European investors have retreated from US stocks since the start of April
3 min read
Currency trader Argentex suspends shares after tariff-driven margin calls
London-listed currency firm hit by margin calls after Trump tariffs weaken dollar
2 min read
Nomura to buy Macquarie’s US and European asset management business
Nomura strikes $1.8bn deal in asset management growth push
2 min read
EU regulator to intervene in row between market makers and German exchanges
Executives clash over legal definition of multilateral as retail trading booms
10 min read
FCA prepares ‘multi-year’ review of trading firm capital rules
City regulator explores custom rules to boost market liquidity
3 min read