News
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
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
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
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
Rokos Capital extends 2025 returns to almost 14% after July bump
The $22bn hedge fund continues to cash in on market opportunities
1 min read
Point72’s UK entity spends $310m on staff amid revenue boost
The entity’s revenue hit $467m last year, up from $299m in 2023
1 min read
21 hedge fund interns have the chance to learn the ropes from Bobby Jain
The $5.3bn hedge fund is kicking off an internship for a select group of students
2 min read
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
Citigroup hires JPMorgan dealmaker Baygual to co-head M&A
The US investment bank has taken on a string of senior bankers from JPMorgan in recent months
UBS embraces AI, tax expert slams widely-cited millionaire migration stats
Catch up on the biggest news in wealth management this week
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
Most Read
Schroders, Aberdeen stick with WFH, and Woodford hits back at £46m FCA fine
Catch up on this week’s asset management news
3 min read
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
4 min read
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
4 min read
Fried Frank hires Goodwin real estate partner Evans
The veteran real estate lawyer marks Fried Frank’s latest hire from Goodwin
1 min read
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
