News
Deutsche Bank fixed income traders push investment bank to 10% gain
The German lender’s fixed income traders posted a record quarter, while its dealmakers were down 8%
2 min read
HSBC books $200m in severance costs after shuttering some investment banking teams
The bank beat analyst expectations with $9.5bn in pre-tax profit
3 min read
Fund groups urged to ‘reinvent’ themselves after stock markets boost revenue growth
Assets and revenue climbed in 2024 thanks to soaring markets
3 min read
Sidley hires Weil funds partner trio in London
Weil’s global funds co-head leads team to rival US law firm in London
2 min read
Ex-Millennium portfolio manager joins crypto hedge fund Fasanara Digital
Jerome Busca, who most recently worked at JB Quantitative Solutions, has joined Fasanara Digital’s London office
1 min read
JPMorgan hikes bonuses for top UK investment bankers to $974k
The Wall Street bank increased average payouts to key UK employees by 19% last year
2 min read
An audience with Bryan Corbett: ‘It’s important that companies have the ability to go public’
The head of the alternative investment trade body on why private markets are booming everywhere and will survive a regulatory crackdown
5 min read
Could the shunned US dollar hurt Wall Street? Don’t hold your breath
The banks are unlikely to suffer if the world’s dominant currency loses its safe status
4 min read
Ego clashes and power struggles: Inside the politics of co-head roles at investment banks
Investment banks are getting star dealmakers to share top jobs — not always successfully
6 min read
Argentex sold to IFX Payments after Trump tariffs spark cash crisis
The currency trading firm’s CEO has left after a rollercoaster week
2 min read
Why Cathie Wood’s ARK Invest remains bullish on Tesla despite profit and sales drop
Electric car maker’s business model is ‘going to transform’ as a result of its robotaxi service
3 min read
Euronext boss says IPO market ‘frozen’ after Trump trade war impact
‘When there is a storm out there, you don’t take the boat out of the port,’ Stéphane Boujnah tells FN
Hedge fund Point72 offers $400,000 salary to AI engineers
The hedge fund is also offering a discretionary bonus to the chosen candidate
Trading Places: Point72, Caxton and T Rowe Price make hires
Find out who is on the move in the City and beyond this week
Argentex CEO exits embattled currency trading firm
Founder Harry Adams said he expects ‘those responsible for this to be held accountable’
Most Read
Larry Fink says BlackRock has ramped up allocation to ‘undervalued’ UK stocks
The BlackRock CEO says he has ‘more confidence in the UK economy’
2 min read
Euronext launches US-style prospectus in bid to lure more IPOs
Chief executive says Europe ‘cannot wait anymore’ to reform capital markets
3 min read
TowerBrook plans Milan and Dublin offices as $4bn fundraise beckons
Plans for Fund VII come amid expansion moves across Europe and UAE
2 min read
Ex-KPMG CEO on how to regulate businesses for growth
Regulators need to do more than just cutting red tape and bureaucracy, says former KPMG chief executive
4 min read
21Shares eyes headcount growth, and Jupiter assets take £1bn hit
All this week’s asset management news in one place
2 min read
