Article Archive | Financial News London

April 2024

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Article Archive

April 10th, 2024

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KPMG fined record $25m in exam-cheating scandal

2024-04-10T16:17:00Z

1 min read

Accountancy Professional services KPMG

'I deeply regret that this misconduct happened in our firm,' said chief executive of KPMG Netherlands Stephanie Hottenhuis

Nuns tell Citi to repent on indigenous rights issues as they mount shareholder revolt

By Kristen McGachey

2024-04-10T12:52:00Z

3 min read

Citigroup Climate change ESG

Citi is facing heat over its policies towards indigenous peoples

Revolut secures Mexico banking licence in remittance play

2024-04-10T12:21:00Z

2 min read

Fintech Revolut

Revolut is planning to expand in Latin America after receiving its banking licence in Mexico

Paul Weiss hires Linklaters M&A partner in London

2024-04-10T11:39:00Z

2 min read

Linklaters Skadden Arps Slate Meagher Flom Legal Services People

Paul Weiss's new London office at 20 Air Street in Soho is close to its private equity clients in the west of the city

FCA proposes relaxation of rules on research bundling

2024-04-10T11:31:00Z

2 min read

Financial Conduct Authority Regulation

The FCA said it is proposing to offer 'more options' in how asset managers pay for research

Big US banks are healthy. Earnings will show any ills

2024-04-10T10:25:00Z

4 min read

Bank of America Citigroup Investment Banking Wells Fargo Banking JPMorgan

JPMorgan just logged its most profitable year ever

Houlihan Lokey hires Deutsche Numis’s Patel for private capital markets

2024-04-10T08:23:00Z

1 min read

Houlihan Lokey Investment Banking People

Private capital markets is an area of focus for many investment banks

Lloyds Bank slashes risk management jobs in bid to speed up progress

2024-04-10T06:43:00Z

2 min read

Jobs Lloyds Banking Group Banking

Lloyds Banking Group has reviewed its risk function

UniCredit hires former Barclays ECM banker Habayeb

2024-04-10T03:38:00Z

1 min read

Investment Banking Unicredit People

UniCredit has hired as many rivals cut back

Skadden hires Linklaters London finance partner

2024-04-10T04:01:00Z

2 min read

Linklaters Skadden Arps Slate Meagher Flom Legal Services

Skadden moved to 22 Bishopsgate in the City from Canary Wharf in 2022

Deutsche Börse closed its dark pool in 2017. Now it’s getting back into the game

2024-04-09T23:01:00Z

4 min read

Deutsche Börse Trading

Deutsche Börse is getting ready to dip its toe in dark pool trading again

Abrdn slashes more than 120 funds in two years as cost pressures bite

By Kristen McGachey

2024-04-10T04:01:00Z

3 min read

Abrdn Asset Management

Abrdn has launched a turnaround plan under chief executive Stephen Bird