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McDermott’s $2.8bn merger: ‘London needs to be a core part of the strategy’

McDermott hopes the merger will boost its scale in London as it continues its hiring spree

3 min read

BNY’s Jose Minaya: ‘I don’t want to pull apart Newton’s culture’

The global head of BNY Investments and Wealth has implemented some big changes across Newton Investment Management since taking on the job

7 min read

Asset Managementnews

An Audience With Scott Bok: ‘I always wanted to work at a firm that felt small and elite’

As Japanese bank Mizuho continues with its takeover of trailblazing boutique Greenhill, its former chief executive reflects on the Darwinian sights he’s seen during his time on Wall Street

6 min read

BlackRock’s plan to democratise private credit could backfire

Private credit could lose most of its advantages if retail investors get better access

4 min read

FCA’s Neil Woodford probe racks up more than £2m in costs

Financial News obtained the data exclusively after appealing the regulator’s decision not to disclose the information

3 min read

newsNeil WoodfordfcaAsset Management

Ex-CEO, Greenhill & Co, Scott Bok: ‘Don’t choose a bank that is going to work you to death’

The former boutique boss says that investment banking remains a good place to work, but that juniors should be mindful of which firm they choose

3 min read

Most Influential Women in European Finance

Revealed

Most Influential Women in European Finance

Kristen McGachey

Kristen McGachey

Check out FN's latest profiles

An Audience With

Check out FN's latest profiles

HSBC signs up to new Canary Wharf office in boost to docklands financial centre

The UK lender is preparing to leave its UK headquarters in 2027

2 min read

HSBCInvestment Banking

Trading places: Citi taps JPMorgan for M&A head, former GAM chief resurfaces

Find out who is on the move in the City and beyond this week

3 min read

Nathaniel Rothschild drops lawsuit against Lars Windhorst

The lawsuit, which concerned an alleged debt default, was filed with the high court in London at the start of 2025

2 min read

Perella Weinberg adds Evercore dealmaker Queis to bolster European technology

The boutique has been steadily adding senior bankers throughout 2025

1 min read

UBS hires JPMorgan private banker for global cross-divisional wealth team

Stephanie Khalef-Wassmer will join as a London-based client adviser later this month

Schroders, Aberdeen stick with WFH, and Woodford hits back at £46m FCA fine

Catch up on this week’s asset management news

Aberdeen, Schroders bosses have no plans to crack down on hybrid working

UK asset managers will stick with policies allowing their staff to work from home, despite some financial groups tightening requirements

UK banks uncovered 178 staff WhatsApp breaches, FCA survey finds

Banks were asked to disclose how they’ve improved employees use of ‘off-channel’ communications after big fines in the US

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On the Move

On the Move

Fried Frank hires Goodwin real estate partner Evans

The veteran real estate lawyer marks Fried Frank’s latest hire from Goodwin

1 min read

Legal Servicesnews

UBS’s Rob Karofsky on using AI to boost US wealth arm: ‘60% of our efforts are focused on productivity’

Swiss wealth giant is using AI to speed up admin tasks and generate prompts for advisers to have more ‘focused’ conversations with clients

3 min read

Goldman Sachs London pay costs rise 19% as revenue jumps

The Wall Street bank has seen a sharp increase in dealmaking and trading revenue in the first six months of 2025

2 min read

Alvarez & Marsal private equity affiliate plots Milan debut next month

A&M Capital Europe joins a slew of firms setting up shop in the Italian financial district

2 min read

Investment Association CEO: Britain has opportunity to transform retail investment

Investment Association chief executive says bolstering retail investment will also deliver a direct benefit for the UK economy and capital markets

5 min read

FN Law

FN Law