News
Jain Global hits 300 staff with BlueCrest, Schonfeld hires
Bobby Jain’s new hedge fund is bolstering its team as it looks to put $5bn to work
2 min read
Ex-Aberdeen brand boss: Abrdn name ‘was clearly problematic’
Simon Bailey says asset manager had four-month window to come up with a name after selling the Standard Life brand to Phoenix Group
3 min read
Bridgepoint ramps up fundraising ambitions as flagship launch beckons
Fundraising blitz comes after the firm raised €7.8bn in 2024
2 min read
Deutsche Bank top investment banker bonuses jump 50% as ranks of millionaires swells
The German lender paid more than 600 key employees average bonuses of €965,000 as investment bank revenue increased
2 min read
Impax general counsel and strategy head exit as 30 staff axed
Job cuts have fallen across the business, insiders say
3 min read
LCM boss warns private credit firms: Don’t ‘screw it’ for everyone else
Paul Burdell fears ‘aggressive leverage’ and says the industry has not yet been ‘truly tested’
3 min read
Artemis names ex-Man GLG boss Johnston as next CEO
Teun Johnston will take over from Mark Murray, who leaves in the summer after 28 years with the fund house
1 min read
Will AI take your law firm job?
Catch up on this week’s top legal news
3 min read
AI won’t lead to ‘significant reduction’ in lawyers, says Simmons & Simmons boss
Simmons & Simmons senior partner Julian Taylor is ‘optimistic’ about the impact of technology on law firms
2 min read
FCA scraps plans for diversity and inclusion rules
Regulator’s U-turn comes as companies shift their stance on DEI
3 min read
FCA delays work on sexual harassment and bullying
The government’s efforts to force growth out of regulators are bearing fruit
3 min read
Ex-Balyasny portfolio manager’s crypto hedge fund gains 15%
Eltican Asset Management cashed in on market volatility last month
FCA completes U-turn on ‘name and shame’ proposals
Regulator will move back to only naming firms under investigation in ‘exceptional circumstances’ following industry pressure
SIX set to cut 150 jobs in bid to boost margins
Swiss exchange operator eyes more than $136m in cost savings
Asset managers to raise ‘concerns’ over share buybacks in FCA probe
The City regulator has contacted seven banks as part of a probe into buybacks
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Ex-Deutsche Bank investment bank head Fedorcik to join Standard Industries as CFO
The 30-year veteran of Deutsche Bank retired in February
1 min read
Bank of America cuts 150 junior investment banking jobs
The US lender has taken the axe to junior banker jobs
2 min read
Jes Staley shared news on deals, pay and clients with Epstein, court hears
Lawyers say non-public information was shared regularly with the late sex offender as the ex-Barclays boss’s appeal against his ban continues
3 min read
EY to merge businesses in major post-Project Everest restructure
EY’s new global chair Janet Truncale is preparing to shake up the firm
2 min read
Should the US government buy XRP, solana and cardano? Trump says yes
Your guide to the week’s biggest fintech stories
3 min read
