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Paul Deighton, Sajid Javid and Greg Clark

UK prime minister David Cameron introduced more than three decades of City of London experience into the Treasury with three key appointments as part of his cabinet reshuffle this week. He named Paul Deighton, former chief operating officer of Goldman Sachs in Europe and the current chief executive of the London Organising Committee of the Olympic Games and Paralympic Games, as his new commercial secretary to the Treasury. He also appointed Sajid Javid, a former Deutsche Bank credit trader, as economic secretary to the Treasury and Greg Clark, a former employee at Boston Consulting Group, as the financial Secretary to the Treasury. Above: Paul Deighton (Photo credit: London 2012)

This week David Cameron announced a reshuffle at the Treasury, William Vereker stepped down from his role at Nomura and Barclays hired a former NFL star in its wealth division

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David Thomas

Barclays

Houlihan Lokey CEO Scott Adelson: ‘This is a Goldilocks moment for us’

UBS promotes 174 people to managing director — here are the names

HSBC plans fresh layoffs in investment bank as overhaul picks up pace

Trading Places: BNP’s new COO, Clifford Chance poaches from KKR

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

Clifford Chance hires KKR director in London private equity drive

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Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Property Firm Assura

The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

The New Survival Guide for Private Equity: Go Big or Get Back to Basics

The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

Tencent Shares Rise as App Launches DeepSeek Testing

Tencent Shares Hit More Than Three-Year High as App Launches DeepSeek Testing

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British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

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Tencent Shares Rise as App Launches DeepSeek Testing