News
Revealed: How Walleye Capital, Dymon Asia and Quantedge performed in July
Hedge funds posted mixed performance last month
2 min read
Crypto hedge funds Fasanara Digital, Edge Capital extend gains amid market rally
Your guide to the week’s biggest fintech stories
2 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’
3 min read
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
2 min read
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
2 min read
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
3 min 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
Citigroup hires Goldman Sachs and Deutsche Bank veterans in Asia
The Wall Street bank has hired for financial sponsors and debt capital markets as it looks to bulk up its investment bank
2 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
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
How Brexit changed the way Wall Street banks tackle Europe
While the prophecies of instant disaster for the City never came true, many US banks are now looking all over the EU as well as in London when they want to hire or boost business
HSBC hires Barclays banker Hartmann to lead US FIG debt financing
The UK lender is refocusing its investment bank on DCM and key locations
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Ares’ Mark Serocold: ‘There is nothing stopping us doing what Blackstone did in wealth’
Private credit giant’s Emea wealth boss has led onshore pushes into Italy and Switzerland
5 min read
Aberdeen CEO Jason Windsor: Global firms need convincing UK is ‘the place to be’
Boss of Edinburgh-headquartered asset manager says those firms looking to list in London should not have to deal with added bureaucracy
2 min read
FCA hires from Standard Chartered to bolster crypto and payments division
Anurag Bajaj, who spent almost 20 years at the UK lender, joins regulator as a senior adviser
1 min read
Trading Places: Deutsche Bank promotes trio of bankers, Linklaters hires from Paul Hastings
Find out who is on the move in the City and beyond this week
2 min read
Consultants cash in on AI boom: ‘Demand has gone up dramatically’
Consultancy bosses are targeting AI and cybersecurity as key growth areas to defy a sector slowdown
4 min read
