News
L&G eyes 70 job cuts across £1.1tn asset management business
The UK asset manager, which has made a big push into private markets, is looking to cull tens of roles
2 min read
FCA bans third Credit Suisse banker for role in tuna bonds scandal
The watchdog has taken further action against bankers embroiled in the fraudulent loans that cost Credit Suisse billions
1 min read
Wells Fargo hires Hawkins to lead real estate capital markets in Europe
The US bank has been building its dealmaking team in recent months
1 min read
Crypto hedge fund Wincent to hire 50 staff amid 11% gain
The firm is planning to hire traders, quantitative experts and engineers
2 min read
Credit Suisse bankers could have bonuses blocked again as Swiss politicians mount legal challenge
Up to 1,000 Credit Suisse bonuses were set to receive outstanding bonuses cancelled by the Swiss government in 2023 after a court win, but politicians are fighting back
2 min read
EU delays capital rules for banks’ trading arms for second time
Regulation will be pushed back one year to the start of 2027
2 min read
Goldman Sachs hires key Citigroup debt banker Ponselé for new capital solutions team
The head of Citigroup’s corporate DCM team in Europe is departing
2 min read
DLA Piper set to hire former prime minister David Cameron
The high-profile Conservative politician is in talks to join the law firm as a consultant, according to reports
1 min read
Trading Places: Citi poaches Sankey, A&O Shearman re-hires Knighton
Find out who is on the move in the City and beyond this week
3 min read
FCA mulls investigations panel overhaul
Firms are being asked whether the process for so-called skilled-person reviews needs to be updated
2 min read
Cboe challenges EU ‘misconception’ in options push
The US group started rolling out equity options in Europe 18 months ago, and argues they aren’t as high-risk as some think
3 min read
How much did CEOs at SJP, Rathbones and Quilter earn last year?
Catch up on the top news in wealth management this week
Why the UK is next on BNP Paribas’ ETF hit list, and more change at Newton IM
Catch up on all this week’s asset management news
Argentex sale boosts City advisers, burns shareholders
Financial and legal advisers set to share in £2.4m payday after offloading stricken currency firm
BNP Paribas eyes ETF push in UK wealth market
Paris-headquartered asset manager has ambitions to grow its market share in the UK’s ETF sector by targeting wealth firms
Most Read
Investec plans fresh UK push in wealth and corporate banking
The South Africa-headquartered bank has outlined new plans to bolster its City business
2 min read
Royal London buys infrastructure asset manager in private assets push
The deal is part of the asset manager’s drive to ‘broaden its private assets capabilities’
1 min read
Impax’s assets slump in ‘challenging’ period for ESG investor
Impax Asset Management launches £10m share buy back
1 min read
JPMorgan launches ‘special forces’ unit to protect clients from political risks
Megabank responds to the need for investment banking and corporate clients to weigh risks tied to global power dynamics
3 min read
Ex-City minister backs bonus cap cut as government pushed to go faster on growth
Bim Afolami joins the Lord Mayor and others in calls to slash red tape
3 min read
