Lazard is celebrating the recapture of one of its most valuable UK clients.

The investment bank advised the drugs group SmithKline Beecham, which is merging with the former Lazard client Glaxo Wellcome, on the sale of several products worth $2.9bn (€3.2bn) to Novartis and Roche. The sales will remove regulatory barriers to the merger.

Lazard renews relationship with key UK corporate

Neil Sen

SmithKline Beecham

Goldman Sachs

Lazard

Novartis

FCA scraps SDR rollout for wealth managers

Former HSBC investment bank boss Guyett quits to join EBRD

https://images.fnlondon.com/im-08190192?size=1.5

The executive is the latest senior departure from the UK lender

Trading Places: Point72, Caxton and T Rowe Price make hires

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

Point72 hires ex-Millennium portfolio manager Prejesh Patel

https://images.fnlondon.com/im-99532724?size=1.5

Patel, who marks the hedge fund’s latest hire, will be based in its London office

Having grown up believing it was crass to talk about finances, I got my own education the hard way.

I Was Terrible at Money. My Daughter Should Learn From My Mistakes.

Executives of KKR & Co. believe President Trump’s tariffs will have little effect on its portfolio companies, and promised to maintain an emphasis on Asia despite a looming trade war that has rattled the region.

KKR Executives Foresee Only a Mild Tariffs Hit to Portfolio Companies

Ken Griffin’s main hedge fund is now up for the year after losing money in the first quarter.

Citadel Sidesteps April’s Market Swoons to Post Gains Across Its Funds

The London-based bank increased its first-quarter net profit, topping market expectations, and maintained its guidance despite cautioning of heightened economic uncertainty fueled by tariffs.

Standard Chartered Posts Profit Growth, Maintains Guidance

The lender said it now forecasts total income excluding notable items for 2025 to be closer to 15.7 billion pounds than to 15.2 billion pounds.

NatWest Narrows Guidance After Profit Beat

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

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News