News
Ex-PwC consultant launches law firm advisory business as private equity targets sector
Private equity money is flowing into the legal sector
Standard Chartered sticks with hybrid working as rivals tighten policies
The UK lender said it had reviewed its work from home policy and will stick with it, despite a push back to the office by competitors
2 min read
Why the City has to get a grip on class discrimination
Financial services firms need to unlock talent from less-privileged backgrounds
4 min read
Fidelity International hires Axa IM’s Le Morhedec as global fixed income CIO
Axa IM veteran joins after more than 20 years with the Paris-headquartered group
1 min read
Schroders hires former BNY distribution boss Matt Oomen for global client role
Oomen is one of several new hires announced by the UK-listed fund group to bolster its client relations
2 min read
Peel Hunt losses widen to £3.5m on staff restructuring costs
Revenue has risen at the UK focused investment bank, but high costs have weigh on profit
2 min read
JPMorgan’s European boss Gori set to move from London to New York
The executive will retain his current responsibilities despite moving out of the City
2 min read
Janus Henderson CEO: ‘This industry is really easy to be complacent in. That is not our culture’
Ali Dibadj helped the asset manager get over its post-merger woes. Now he has a plan to grow its footprint across private markets and active ETFs
5 min read
Inside Richard Oldfield’s ‘huge leap forward’ at Schroders
The CEO has set ambitious goals for the FTSE 100 group, which include growing its capabilities across private markets and wealth management
7 min read
Jefferies sets sights on Europe’s top five after aggressive hiring spree
The US investment bank has spent years building out its team in Europe. Now it wants to move up the league tables
5 min read
Rich Americans look to London as UK battles non-dom exodus
Roughly 14,000 millionaires left the UK in 2024, but there’s been a ‘significant increase’ in enquiries from wealthy US families willing to take a chance on the City
4 min read
Janus Henderson CEO Ali Dibadj: UK is now ‘an attractive place to be’
The veteran funds boss joins a host of other executives talking up the City’s prospects
Citi UK boss Lee, ex-LGIM chief Scrimgeour recognised in king’s birthday honours
Ex-EY UK head Steve Varley and Nationwide Building Society CEO Deborah Crosbie also score awards
What’s the biggest risk facing private equity? Buyout bosses share their thoughts
Concerns include AI threats to the software market and private equity’s expansion into wealth
Trading giant Jane Street boosts average UK staff pay to $1.3m
US-based firm hiked UK staff pay 61% last year
Trading Places: JPMorgan’s Baygual exits, HSBC’s Spring resurfaces
Find out who is on the move in the City and beyond this week
3 min read
Boutique investment bank pay jumps 40%, as investors up pressure on exec awards
Analysis from compensation consultants Johnson Associates shows that CEOs at banks received a bigger increase than the rank and file
3 min read
Morgan Stanley set to shift some London compliance roles to Glasgow
Banks are increasingly looking to nearshore back- and middle-office jobs
2 min read
Retail investors won’t tap private markets until culture shifts
Funds giving retail savers access to private markets need to ensure they meet consumer protection expectations set by regulators
4 min read
Crypto hedge fund Tephra Digital gains 11% in May
The US-based firm is backed by Jefferies’ Leucadia Asset Management
1 min read