News
Aberdeen’s CEO has a turnaround plan, and a private credit boss warns ‘don’t screw it’
This week’s asset management news, all in one place
3 min read
SJP’s comms catch and an IFA accounts blunder: FN wealth this week
Catch up on the top news in wealth management this week
3 min read
Jain Global hits 300 staff with BlueCrest, Schonfeld hires
Bobby Jain’s new hedge fund is bolstering its team as it looks to put $5bn to work
2 min read
Ex-Aberdeen brand boss: Abrdn name ‘was clearly problematic’
Simon Bailey says asset manager had four-month window to come up with a name after selling the Standard Life brand to Phoenix Group
3 min read
Bridgepoint ramps up fundraising ambitions as flagship launch beckons
Fundraising blitz comes after the firm raised €7.8bn in 2024
2 min read
Deutsche Bank top investment banker bonuses jump 50% as ranks of millionaires swells
The German lender paid more than 600 key employees average bonuses of €965,000 as investment bank revenue increased
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Impax general counsel and strategy head exit as 30 staff axed
Job cuts have fallen across the business, insiders say
3 min read
LCM boss warns private credit firms: Don’t ‘screw it’ for everyone else
Paul Burdell fears ‘aggressive leverage’ and says the industry has not yet been ‘truly tested’
3 min read
Artemis names ex-Man GLG boss Johnston as next CEO
Teun Johnston will take over from Mark Murray, who leaves in the summer after 28 years with the fund house
1 min read
Will AI take your law firm job?
Catch up on this week’s top legal news
3 min read
AI won’t lead to ‘significant reduction’ in lawyers, says Simmons & Simmons boss
Simmons & Simmons senior partner Julian Taylor is ‘optimistic’ about the impact of technology on law firms
2 min read
FCA scraps plans for diversity and inclusion rules
Regulator’s U-turn comes as companies shift their stance on DEI
FCA delays work on sexual harassment and bullying
The government’s efforts to force growth out of regulators are bearing fruit
Ex-Balyasny portfolio manager’s crypto hedge fund gains 15%
Eltican Asset Management cashed in on market volatility last month
FCA completes U-turn on ‘name and shame’ proposals
Regulator will move back to only naming firms under investigation in ‘exceptional circumstances’ following industry pressure
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SIX set to cut 150 jobs in bid to boost margins
Swiss exchange operator eyes more than $136m in cost savings
3 min read
Asset managers to raise ‘concerns’ over share buybacks in FCA probe
The City regulator has contacted seven banks as part of a probe into buybacks
2 min read
Ex-Deutsche Bank investment bank head Fedorcik to join Standard Industries as CFO
The 30-year veteran of Deutsche Bank retired in February
1 min read
Bank of America cuts 150 junior investment banking jobs
The US lender has taken the axe to junior banker jobs
2 min read
Jes Staley shared news on deals, pay and clients with Epstein, court hears
Lawyers say non-public information was shared regularly with the late sex offender as the ex-Barclays boss’s appeal against his ban continues
3 min read
