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Call in the consultants: Inside SJP’s stunning turnaround

Catch up on the top news in wealth management this week

4 min read

SIX deal for Aquis a ‘vote of confidence’ in the UK

City grandees say Swiss takeover and UK reforms are set to boost the growth exchange

1 min read

Trading

Why tariffs have sparked interest in European funds

Catch up on all this week’s asset management news

3 min read

UK investors flock to Europe as appetite for US funds slides

UK investors allocated £369m to Europe-focused funds in May amid growing interest in the region

3 min read

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An Audience With

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Citigroup to cut 3,500 technology jobs in China as part of global overhaul

The US bank continues to look for ways to simplify its business and address regulatory concerns over its controls

1 min read

Investment BankingCitigroup

How SJP’s new boss called in the consultants and revamped the firm

A new CEO has made bold moves, but challenges remain for the wealth giant

4 min read

Amundi recruits former L&G index specialist

Michael Stewart joins Paris-headquartered asset manager following recent departure from fund arm of UK-listed insurance group

1 min read

UBS shakes up leadership of equity syndicate unit after hires

The Swiss bank has named regional leaders of the division

1 min read

FCA chief operating officer resigns

Emily Shepperd is leaving the regulator after a four-year stint, Financial News learns

3 min read

Carlyle lawyer jumps to investment side as managing director

Catch up on this week’s top legal news

Franklin Templeton ups private markets push with Apera buy

US asset manager says acquisition of European private credit firm will boost alternative credit assets to almost $90bn

Inflexion promotes its largest ever cohort

The European mid-market private equity firm has made 30 appointments across its teams in the year-to-date

BancTrust downsizes London headquarters in latest cost-cutting measure

Investment bank has recently cut jobs in management and compliance

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On the Move

On the Move

Europe’s T+1 move could hit banks nearly three times harder than US

Implementation in Europe is ‘much more complex’ than in the US, according to a new report

2 min read

newst+1Trading

Ex-JPMorgan, Credit Suisse banker Harman joins Ninety One board

Asset manager recruits Charles Harman as a non-executive director

1 min read

Wells Fargo ‘fake accounts’ asset cap lifted after seven years in major boost

Growth at the US lender has been hampered as it worked towards hitting goals laid out by regulators

2 min read

Private credit is soaring. Meet the people behind the boom

The European market has seen enormous growth since the financial crisis. Financial News’s sister title Private Equity News is recognising the leaders who have shaped its development

3 min read

Julius Baer shutters Qatar office, prepares Abu Dhabi launch

The Swiss wealth manager is doubling down on UAE expansion 20 years after opening in Dubai

2 min read

FN Law

FN Law