News
Quilter Cheviot veteran Alan McIntosh returns to the fold as Europe CIO
McIntosh comes out of retirement to succeed Donnacha Fox who died unexpectedly earlier this year
1 min read
Revolut boss Nik Storonsky boosts stake to more than 25% amid record profit
London-based Revolut booked £1.4bn in profit last year
2 min read
Revolut Results: Three things you need to know
Revenue at the firm’s wealth unit increased by 298% last year
1 min read
Former Aberdeen veteran eyes headcount growth at crypto ETP firm 21Shares
Russell Barlow, who joined Switzerland-headquartered crypto assets specialist last year, says headcount could grow to around 100 by the end of the year
3 min read
Jupiter assets fall £1bn during first quarter as retail investors drive outflows
FTSE 250 fund group said retail clients pulled money from funds as a ‘worsening macro environment weighed upon investor sentiment towards risk assets’
2 min read
BNP Paribas stock traders ride turbulent markets to record quarter
French bank joins Wall Street rivals in reporting bumper markets revenue
2 min read
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
Goldman Sachs wins shareholder vote over $80m executive bonuses
CEO David Solomon and president John Waldron set for bumper retention deals
Freshfields names 25 partners in expanded promotions round
Magic Circle law firm names nine partners in London
Point72 hires ex-Millennium portfolio manager Prejesh Patel
Patel, who marks the hedge fund’s latest hire, will be based in its London office
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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
4 min read
Bitcoin dominance hits multi-year high: ‘Only a stablecoin could unseat it’
Your guide to the week’s biggest fintech stories
2 min read
A&O Shearman promotes 33 partners, down from 40 last year
Partner promotions fall at newly merged legal giant
2 min read
