News
Crypto market absorbs $9bn bitcoin sale with ‘barely a blip’
Your guide to the week’s biggest fintech stories
3 min read
PJT Partners revenue hits record $407m, up 13% after hiring spree
The boutique investment bank has continued to grow revenue despite trade war concerns
1 min read
HSBC asks managing directors to come into the office four days a week
The UK lender is tightening its policies for its senior employees
1 min read
Barclays traders fuel 21% investment bank jump as dealmaking fees slide
Barclays has followed US rivals with a sharp uptick in trading revenue amid volatile markets
3 min read
Top Citigroup banker Drury leaves to take CIO role at AI firm Poolside
The Citigroup lifer is departing after 30 years for a role at an emerging technology firm
3 min read
DLA Piper hires private equity partner from Dechert in London
Law firm DLA Piper boosts private equity team with a veteran partner in London
2 min read
Zodia Markets receives backing from Circle Ventures in $18m funding round
The series A round was led by New York-headquartered Pharsalus Capital
2 min read
Rothschild & Co hires ex-Perella banker Klaassen in private markets push
The independent investment bank has named the private capital markets veteran to lead its distribution efforts
1 min read
UBS funds business taps DWS for ETF hire
Amanda Rebello joins to take over from Clemens Reuter, who is retiring after more than 15 years with the Swiss asset manager
1 min read
Dubai hedge funds grow 72% as leading names flock to the Middle East
Dubai’s DIFC now hosts 85 hedge funds
2 min read
JPMorgan targets $100bn in European active ETFs
The US asset manager is looking to main its lead in Europe’s active ETF market over the coming years
3 min read
Phoenix Group’s Mike Eakins: ‘In the UK, we do an amazing job of talking ourselves down’
The CIO on geopolitics, private markets and why Britain needs to do more to advertise its stability to international investors
Nomura wholesale boss Willcox: ‘Boring’ approach key to growth
Nomura is looking to bolster profit within its wholesale unit by 15-20% and is investing in new businesses. But Chris Willcox is emphasising consistency
Inside UBS’s mission to become a $5tn wealth manager: ‘We’re only beginning to flex our muscles’
The bank has ceded little ground in its home market since it took over Credit Suisse, but it is still struggling to hit its stride in the all-important US market
FCA fines former H2O deputy CEO £1m and imposes ban
UK regulator said Jean-Noel Alba misled it during a probe into investments made in companies owned by German financier Lars Windhorst
Most Read
Trading Places: Barclays hires ex-Numis chief, Kirkoswald adds ex-HSBC trader
Find out who is on the move in the City and beyond this week
3 min read
Why investment firms face increased risk of AI washing claims
As artificial intelligence adoption increases across all sectors, asset managers are no less at risk of claims they have overstated their use of the technology
4 min read
From London to Lake Como: Estate agents rush to meet private equity’s UK relocation demands
‘I’ve not seen anything quite like this in my career’: Tax and real estate advisers reckon with the exodus of London’s buyout bosses
3 min read
Mizuho acquires boutique Augusta & Co in clean energy push
The Japanese bank is expanding its dealmaking arm
2 min read
Marex agrees to buy Winterflood Securities from Close Brothers
Marex snaps up UK broker in £104m deal
1 min read
