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It is becoming more expensive for the banks to deal in fixed-income products

Financial advisory revenues plummet at Lazard

Asset management division contributes more in quarterly revenues than financial advisory for the second time since the firm's flotation – following a steep decline in M&A and restructuring fees

FCA unveils new rules for retail fund platforms

Regulator estimates its new rules to govern the way the UK's retail funds are sold could mean £67m in one-off costs and £15m a year ongoing for the £300bn industry

Anthony Fry to become Premier League's new chairman

Former Lehman Brothers senior banker Anthony Fry is to take a senior role in football

French listed group taps the high-yield market for €300m just days after receiving a ratings upgrade

Seymour Pierce received winding up threat

The collapsed UK broker was told it could face a winding up order from Denis Gorbunenko, the Ukrainian investor blocked from buying the firm

Japan reawakening boosts Nomura's wholesale unit

Strong home-market performance in its last fiscal year vindicates the bank's decision to revamp the division to focus on Asia and Japan

The custody and securities services arm of the bank has agreed to acquire ING's custody business in seven CEE markets

Japan's stock market rally gave a much-needed lift to the country's largest securities house

FN Awards for Excellence in Legal Services 2013

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Financial News hosted its inaugural event rewarding Excellence in Legal Services at One Mayfair on Wednesday April 24, 2013. Here is a selection of images of some of the prize winners, including the 40 Under 40 Rising Stars in the legal profession who work in the European capital markets

A rising stock market has boosted KKR's boom-era buyout fund to a new level of profitability

German bank has lost its attempt to overturn a High Court appeal order to pay 104 ex-Dresdner Kleinwort bankers €52m in unpaid bonuses

Q&A with Jeff Stute: JP Morgan’s head of North America healthcare coverage

All of the ingredients for a strong M&A market are currently in place, says the banker whose team has advised on three of this year’s top five deals in the healthcare sector

The UK economy provided a pleasant surprise but the breakdown of growth is not encouraging: the UK is still relying on the services sector

Global sales chief departs ANZ amid restructuring

David Carr was hired a year ago to help boost the New Zealand bank's presence in Asia

Ashmore Group makes further inroads into Southeast Asia

Investment manager Ashmore Group is making further inroads into Southeast Asia with an office in Indonesia, its second in the region

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Rates face regulatory headwinds

Financial advisory revenues plummet at Lazard

FCA unveils new rules for retail fund platforms

Anthony Fry to become Premier League's new chairman

Wendel continues return to health

Seymour Pierce received winding up threat

Japan reawakening boosts Nomura's wholesale unit

ING deal boosts Citi in eastern Europe

Nomura posts sharp gain in profits

FN Awards for Excellence in Legal Services 2013

KKR rides stock-market surge

Commerzbank loses bonus appeal

Q&A with Jeff Stute: JP Morgan’s head of North America healthcare coverage

UK grows on rocky foundations

Global sales chief departs ANZ amid restructuring

Ashmore Group makes further inroads into Southeast Asia