News
Jain Global hires BlackRock’s Joseph Kansao as a portfolio manager
Kansao joins Bobby Jain’s hedge fund after spending more than nine years at the asset management giant
1 min read
Trading firm Tower Research cuts UK pay after revenue slump
The US firm’s UK arm has booked a 67% drop in net trading income
2 min read
Aquis Exchange hires consulting boss to bolster technology arm
John Greenan joins Aquis as a director
2 min read
ANZ fined $160m for ‘widespread misconduct’ as Matos overhaul continues
The Australian lender has agreed to pay a record fine by the regulator
2 min read
UBS shifts senior tech banker Lynch across to financial sponsors team
The Swiss bank has targeted more work with private equity firms
1 min read
How Japanese bank Daiwa is betting on Europe after City expansion
DC Advisory has grown its UK operation by more than 300%, and is now eyeing expansion across Europe
5 min read
Campaigners call for independent inquiry into Woodford saga: ‘It could happen again’
Baroness Ros Altmann warns pension funds investing in private markets could face future liquidity risks, similar to those experienced by Woodford investors
3 min read
Monument Bank has not ruled out London listing, CEO says
Ian Rand says UK challenger bank ‘absolutely’ sees IPO as an exit strategy in the coming years
4 min read
US legal giants scale up in London: ‘Prestige alone is no longer enough’
After years of slow buildout in London, the once conservative law firms of Sullivan & Cromwell, Davis Polk and Cravath are opening up to external hiring
8 min read
Coutts’ Fahad Kamal: Being overweight US stocks is worth the risk
The chief investment officer of private bank Coutts has adopted a more global approach, but hasn’t given up on the UK just yet
5 min read
Why on earth has it taken so long to reform short-selling rules?
The case in favour of reform is strong, but it has taken nearly six years to do it
4 min read
AI can help stop burnout in law, says Simmons & Simmons boss
Long-hours culture has ‘plagued’ the industry, according to Julian Taylor
Russian court upholds VTB Bank’s $439m claim against JPMorgan
JPMorgan Europe, Middle East and Africa Securities trust said it will appeal the decision
Why the UK must push forward with reforms to unlock more pension fund capital
Insight Investment’s Jos Vermeulen argues that allowing the release of more surplus capital from pension funds could provide a boost to the UK economy
Euronext to enter blue-chip index as share price rallies
Pan-European bourse owner’s stock price is up 28% so far this year
Most Read
Trading Places: StanChart’s new London M&A head, DRW’s hiring spree
Find out who is on the move in the City and beyond this week
3 min read
BC Partners faces ‘corporate governance crisis’ at United Group, rebelling executives warn
Senior figures inside the European telecoms giant have been exchanging letters that underline growing management tensions
4 min read
JPMorgan names former Citigroup banker Abularach as co-head of infrastructure
The bank has also hired a Citi banker to bolster its team in the US
1 min read
Schroders’ watershed tie-up and Aberdeen’s Phoenix blow: Asset management this week
Catch up on all this week’s asset management news
3 min read
Hargreaves Lansdown glitch leaves thousands of clients with incorrect balances
Catch up on the top news in wealth management this week
3 min read
