News
Argentex sold to IFX Payments after Trump tariffs spark cash crisis
The currency trading firm’s CEO has left after a rollercoaster week
2 min read
Why Cathie Wood’s ARK Invest remains bullish on Tesla despite profit and sales drop
Electric car maker’s business model is ‘going to transform’ as a result of its robotaxi service
3 min read
Euronext boss says IPO market ‘frozen’ after Trump trade war impact
‘When there is a storm out there, you don’t take the boat out of the port,’ Stéphane Boujnah tells FN
2 min read
Hedge fund Point72 offers $400,000 salary to AI engineers
The hedge fund is also offering a discretionary bonus to the chosen candidate
1 min read
Trading Places: Point72, Caxton and T Rowe Price make hires
Find out who is on the move in the City and beyond this week
2 min read
Argentex CEO exits embattled currency trading firm
Founder Harry Adams said he expects ‘those responsible for this to be held accountable’
2 min read
Larry Fink says BlackRock has ramped up allocation to ‘undervalued’ UK stocks
The BlackRock CEO says he has ‘more confidence in the UK economy’
2 min read
Euronext launches US-style prospectus in bid to lure more IPOs
Chief executive says Europe ‘cannot wait anymore’ to reform capital markets
3 min read
TowerBrook plans Milan and Dublin offices as $4bn fundraise beckons
Plans for Fund VII come amid expansion moves across Europe and UAE
2 min read
Ex-KPMG CEO on how to regulate businesses for growth
Regulators need to do more than just cutting red tape and bureaucracy, says former KPMG chief executive
4 min read
21Shares eyes headcount growth, and Jupiter assets take £1bn hit
All this week’s asset management news in one place
2 min read
Revolut misses headcount target by nearly 1,400 employees
London-based fintech had touted plans to reach 11,500 employees in 2024
SJP, Quilter brace for Trump trade war turbulence
Catch up on the top news in wealth management this week
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
Revolut boss Nik Storonsky boosts stake to more than 25% amid record profit
London-based Revolut booked £1.4bn in profit last year
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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
