News
Nathaniel Rothschild drops lawsuit against Lars Windhorst
The lawsuit, which concerned an alleged debt default, was filed with the high court in London at the start of 2025
2 min read
Perella Weinberg adds Evercore dealmaker Queis to bolster European technology
The boutique has been steadily adding senior bankers throughout 2025
1 min read
Citigroup hires JPMorgan dealmaker Baygual to co-head M&A
The US investment bank has taken on a string of senior bankers from JPMorgan in recent months
2 min read
UBS embraces AI, tax expert slams widely-cited millionaire migration stats
Catch up on the biggest news in wealth management this week
5 min read
UBS hires JPMorgan private banker for global cross-divisional wealth team
Stephanie Khalef-Wassmer will join as a London-based client adviser later this month
2 min read
Schroders, Aberdeen stick with WFH, and Woodford hits back at £46m FCA fine
Catch up on this week’s asset management news
3 min read
Aberdeen, Schroders bosses have no plans to crack down on hybrid working
UK asset managers will stick with policies allowing their staff to work from home, despite some financial groups tightening requirements
4 min read
UK banks uncovered 178 staff WhatsApp breaches, FCA survey finds
Banks were asked to disclose how they’ve improved employees use of ‘off-channel’ communications after big fines in the US
4 min read
Fried Frank hires Goodwin real estate partner Evans
The veteran real estate lawyer marks Fried Frank’s latest hire from Goodwin
1 min read
UBS’s Rob Karofsky on using AI to boost US wealth arm: ‘60% of our efforts are focused on productivity’
Swiss wealth giant is using AI to speed up admin tasks and generate prompts for advisers to have more ‘focused’ conversations with clients
3 min read
Goldman Sachs London pay costs rise 19% as revenue jumps
The Wall Street bank has seen a sharp increase in dealmaking and trading revenue in the first six months of 2025
2 min read
Alvarez & Marsal private equity affiliate plots Milan debut next month
A&M Capital Europe joins a slew of firms setting up shop in the Italian financial district
Investment Association CEO: Britain has opportunity to transform retail investment
Investment Association chief executive says bolstering retail investment will also deliver a direct benefit for the UK economy and capital markets
Citigroup hires JPMorgan’s Prickett to run European G10 rates
US banks have seen a surge in trading revenue so far in 2025
Hedge fund WorldQuant hunts for its next generation of maths superstars
The firm has picked 12 teams to compete in the International Quant Championship finals, which will be held in Singapore next month
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Glencore offers boost to London stock market as it shelves US listing plan
Swiss mining giant says shifting its main stock listing to the US would not be ‘value accretive for shareholders at this point in time’
3 min read
UniCredit hires Nicklaus to head European TMT, advisory in Germany
The Italian lender has bolstered its German investment bank with two senior hires
2 min read
UK investors pull more than £300m from US equity funds amid Trump’s tariff turmoil
Calastone figures show outflows posted by North America funds in July were the first since October 2024
2 min read
Quilter assets rebound to £123bn after Trump tariff hit
Advice giant sees £4.5bn of net inflows during the first six months of 2025, up 160% on the previous year
3 min read
Rokos to join Middle East rush with new Abu Dhabi office
The hedge fund joins the a growing list of financial firms setting up in the Middle East
2 min read
