Applenews
Alvarez & Marsal private equity affiliate plots Milan debut next month
A&M Capital Europe joins a slew of firms setting up shop in the Italian financial district
2 min read
Investment Association CEO: Britain has opportunity to transform retail investment
Investment Association chief executive says bolstering retail investment will also deliver a direct benefit for the UK economy and capital markets
5 min read
Citigroup hires JPMorgan’s Prickett to run European G10 rates
US banks have seen a surge in trading revenue so far in 2025
1 min read
Glencore offers boost to London stock market as it shelves US listing plan
Swiss mining giant says shifting its main stock listing to the US would not be ‘value accretive for shareholders at this point in time’
3 min read
UniCredit hires Nicklaus to head European TMT, advisory in Germany
The Italian lender has bolstered its German investment bank with two senior hires
2 min read
UK investors pull more than £300m from US equity funds amid Trump’s tariff turmoil
Calastone figures show outflows posted by North America funds in July were the first since October 2024
2 min read
Quilter assets rebound to £123bn after Trump tariff hit
Advice giant sees £4.5bn of net inflows during the first six months of 2025, up 160% on the previous year
3 min read
Rokos to join Middle East rush with new Abu Dhabi office
The hedge fund joins the a growing list of financial firms setting up in the Middle East
2 min read
Mizuho targets top 10 dealmaking position in Europe after acquisitions
The Japanese lender bought European boutique Augusta & Co after previously acquiring Greenhill
3 min read
Bank of America joins rivals by asking juniors to disclose job offers
The US bank told analysts they will be assigned to another business area if they accept a job elsewhere 18 months after starting
1 min read
Octopus buys Virgin Money investment arm to accelerate wealth push
Octopus Money eyes greater foothold in the UK’s direct-to-consumer market
2 min read
Woodford hits back at FCA fine, claiming regulator ‘never objected’ to fund liquidity
Woodford Investment Management says regulator never suggested liquidity framework for Woodford’s flagship fund was ‘inappropriate or unreasonable’
HSBC hires UBS’s marketing chief John McDonald as it doubles down on wealth
British bank is planning to make 200 hires for its UK wealth business this year
Equities trader bonuses to jump 30% as banker pay sentiment turns around
Bonuses for dealmakers expected to increase this year after earlier predictions of steep declines
FCA fines Neil Woodford £6m and bans him from senior roles
The UK regulator has also fined Woodford Investment Management £40m for failures managing the Woodford Equity Income fund
Most Read
EU watchdog approves 100% of significant risk transfers in face of growing concerns
There is increased regulatory scrutiny of SRTs, which are a way to free up potential liabilities on banks’ balance sheets
4 min read
Schroders CEO: Why the debate over active versus passive is now dead
Richard Oldfield says it’s time to acknowledge that active management is about far more than stock selection
4 min read
Former GAM chief appointed to head Deutsche Börse’s SimCorp business
Peter Sanderson takes over from Georg Hetrodt, who is retiring later this year
1 min read
Guggenheim Securities hires William Blair trio for London technology push
The US bank has hired Dominic Emery as a senior managing director
1 min read
UBS pays $300m to settle legacy Credit Suisse mortgage-backed securities case
The Swiss back is looking to draw a line under the issues of its former rival
1 min read
