News
UBS teams up with General Atlantic for private credit push
The Swiss bank is the latest large lender to enter into a partnership in a bid to gain more traction in private credit
1 min read
Paul Hastings hires fourth White & Case infrastructure partner
US law firm adds to new Abu Dhabi base
1 min read
Argentex secures £20m credit to pay margin costs as shares restored to trading
FX broker beefs up credit after Trump’s tariffs lead to margin calls
2 min read
Fintech Tide seeks more than $1bn valuation in share sale
Business banking firm looks to become UK’s latest fintech ‘unicorn’
2 min read
HSBC plans 200 hires for UK wealth business
Adding headcount is part of the UK lender’s ambitions to become a top five wealth player and double assets to $100bn by 2028
4 min read
What you need to start a hedge fund now: Top talent, a brand name — and a vast amount of cash
The temptation for star portfolio managers to start their own hedge funds has started to shrink, as costs have spiralled and investors have become more discerning
8 min read
Firms say they like arts graduates. But it’s the data geeks who perform
Diversity of thought is nice, but science and tech graduates boost the bottom line
4 min read
Shawn Edwards: ‘At Bloomberg, the technologists are the rock stars’
The financial data giant’s chief technology officer is using AI to fight a problem of the firm’s own creation — the ever‑growing ‘fire hose of information’ coming through its flagship Terminal
6 min read
New Simmons & Simmons boss doubles down on diversity despite US backlash
‘Having a diverse culture is part of our DNA,’ says UK law firm’s new managing partner Emily Monastiriotis
3 min read
Trading Places: HSBC continues shake-up, Freshfields and Sidley make hires
Find out who is on the move in the City and beyond this week
4 min read
Top HSBC private banker to exit after restructure
Caroline Kitidis set to depart as the UK lender scraps her role
2 min read
Numis posts £900,000 loss as Deutsche Bank integration continues
The City investment bank has faced a tough UK capital markets environment since the completion of its takeover by Deutsche Bank in October 2023
TP ICAP shareholders urged to oppose CEO’s pay package
Potential £2m boost to Nicolas Breteau’s pay comes under fire from proxy adviser ISS
Senior Cinven figure joins exodus to Milan
Italy has lured in dealmakers from Astorg and Goldman Sachs as London battles tax fallout
Jefferies executives tell staff to find ‘balance’ amid fresh focus on brutal dealmaking hours
The Wall Street bank’s chief executive and president said that employees ‘incur guilt’ when taking time off work
Most Read
RLAM’s slow private markets push, and why DWS clients are ‘repatriating’ investments to Europe
All this week’s asset management news in one place
3 min read
Meet UK wealth managers’ big backers
Catch up on the top news in wealth management this week
2 min read
Sidley Austin bets big on London: ‘Strike when you have the opportunity’
US law firm has hired aggressively in the City over the last year
3 min read
LSEG reviewing ‘a lot’ of M&A opportunities, chief says
David Schwimmer says ’more realistic value expectations’ could help deals
2 min read
Who owns the UK’s wealth managers?
Star manager Nick Train has bet big on the sector, while Norway’s sovereign wealth fund and Scottish group Baillie Gifford have stakes in wealth giant SJP
4 min read
