News
Citi strikes partnership with Palantir to bolster wealth tech
Wall Street bank says tie-up with data intelligence firm will ‘modernise’ how it leverages data, streamline onboarding and help with account management
2 min read
Ex-staff criticise A&O Shearman’s ‘shocking’ Trump deal
Catch up on this week’s top legal news
3 min read
Can Trump’s tariffs help European banks steal a march over Wall Street rivals?
Three takeaways from bank earnings
5 min read
Ray Dalio’s former right hand man on tariffs: ‘No one had real edge in predicting what would happen’
Bob Elliott said that the hedge funds were wrong-footed during the US trade war, which is far from over
2 min read
BlackRock rejigs global emerging markets team with new London and Hong Kong units
Changes see the creation of two separate teams to oversee the asset manager’s emerging markets capabilities from Asia and the UK
2 min read
Morgan Stanley hikes bonuses for top UK investment bankers by 67%
The Wall Street bank has paid its material risk takers an average of £1.5m after a bumper 2024
2 min read
Brooks Macdonald’s assets hit £19bn despite persistent outflows
CEO Andrea Montague promises return to positive flows later this year despite increased volatility from Trump’s tariffs
2 min read
EY investigated over Post Office audits following Horizon IT scandal
Hundreds of sub-post masters were prosecuted using faulty data in a major miscarriage of justice
2 min read
Wall Street bank bosses eye further stock trading gains after record $16bn quarter
Five biggest US banks enjoyed boom in stock trading revenue in first quarter
3 min read
LSEG poaches S&P executive to co-head data and analytics
Bourse owner taps Gianluca Biagini and Ron Lefferts to lead key unit
2 min read
Citigroup dealmakers post 14% fee rise as traders beat expectations
The US bank has notched a bigger rise than its rivals, as M&A fees jumped 84%
2 min read
Raymond James hunts for new UK wealth boss as Paul Abberley exits
Kim Jenson will replace Charles Stanley veteran on an interim basis
Crypto hedge funds battle to stay positive after tariffs hit markets
Your guide to the week’s biggest fintech stories
Bank of America’s stock traders book record quarter as markets swing
US bank joins rivals in reporting blow-out quarter for trading fees
Lazard hires HSBC dealmaker Altajir to lead new Abu Dhabi office
The investment bank is bolstering its presence in the Middle East
Private equity firms to slow wealth deals after UK boom: ‘It’s been like stacking shelves’
Why a red-hot market might start to cool
3 min read
Wall Street bank executives say M&A is paused, not slumping because of tariffs
Top bankers say that appetite for deals remains despite the uncertainty caused by US policy
3 min read
KKR to buy post-trade services firm OSTTRA in $3.1bn deal
S&P Global and CME Group to sell joint venture established in 2021
2 min read
Goldman Sachs M&A fees drop 22% as stock traders post record quarter
The Wall Street bank’s leading M&A division missed expectations
2 min read
Neil Woodford: I’ll continue fight against FCA’s fund collapse findings
Former star fund manager said appeal against a warning notice issued by UK regulator last year has been ‘a long fight and it will go on’
4 min read
