News
Clear Street trims 10% of UK staff
All but one of five senior UK hires Clear Street unveiled in February have been laid off
2 min read
Crypto hedge fund Re7 Capital eyes $100m for new fund
The firm’s founder Evgeny Gokhberg will be the fund’s chief investment officer
2 min read
Warburg Pincus picks Dubai for Middle East outpost
Private equity firm joins rivals with Dubai authorisation
2 min read
Man Group imposes stricter non-compete agreements for top investment talent
London-listed hedge fund says the move is ‘consistent with industry standards’ as war for top talent intensifies
1 min read
FCA adds crypto enforcement staff in bid to bring rogues to book
The regulator has hired a dedicated crypto team as the sector has matured
3 min read
Sidley and Gibson Dunn lead on $2.7bn Soho House deal
US law firms score roles as the members’ club agrees a take-private deal
2 min read
Coercive behaviour at City firms still a ‘massive concern’
Finance professionals say they have either witnessed or experienced behaviour such as bullying or intimidation within their organisations
3 min read
Clifford Chance lawyer heads to Perkins Coie
Tech-focused US law firm Perkins Coie boosts its ranks at its newly established London office
2 min read
Bahrain in talks to attract crypto firms and investment managers amid Middle East rush
The country’s financial services sector is the largest contributor to its economy outside the oil industry
2 min read
Barclays’ former head of European dealmaking Marsh to leave the bank
The investment banker is stepping back after a 43-year career in industry
1 min read
Goodwin’s John LeClaire: ‘Private equity people are the masters of the universe now’
The veteran deals lawyer, who co-founded Goodwin’s private equity practice, says buyout executives are the new bond traders
5 min read
Woodford appeal over fine could be years away
On 5 August, the FCA imposed a financial penalty of £5.9m on Neil Woodford, as well as restricting his future roles in finance
BNP Paribas’s new UK boss Lynagh sets sights on top 10
Mark Lynagh has moved back to London from New York to lead BNP Paribas’s UK investment bank as it looks to gain on rivals
Trading Places: Citi hires JPMorgan banker for tech coverage, Jerry del Missier heads to Milan
Find out who is on the move in the City and beyond this week
London Stock Exchange Group’s data business worth £18bn, analysts say
RBC estimates bourse owner’s equities and FX unit is worth £3.2bn
Most Read
Pimco’s European business suffers almost 40% profit drop as performance fees slump
However, assets under management at the bond giant’s European business increased to £106bn at the end of 2024
2 min read
Evelyn Partners’ private equity backers target NatWest and RBC for potential sale
Evercore has been called to advise on the deal which could value the UK wealth manager at £2.5bn
3 min read
Deutsche Bank’s UK MD numbers slide for the first time in four years
The German lender’s senior headcount in the UK fell by 22 people in 2024, according to newly-released figures
2 min read
HSBC plans to increase staff surveillance as it moves to new London HQ
The UK lender is radically increasing the number of cameras and use of biometric devices
2 min read
Why Deutsche Bank’s former FX chief is reinventing himself as an opera composer
Kevin Rodgers spent 25 years on the trading floor, but is now turning to music
5 min read
