MY ACCOUNT

ABOUT

SECTIONS

unbolded

Whistleblower reports to FCA on ‘unacceptable’ workplace culture spike in 2019

The numbers come as firms struggle with the hurdles posed by Covid-19 and could see an increase in reports again this year

Goldman Sachs, Citi, HSBC among banks telling staff to stay at home

https://si.wsj.net/public/resources/images/FN-AK419_fn_cor_M_20200513101821.jpg

Banks sent memos to employees in response to Boris Johnson's updated guidance on UK lockdown measures

$1m-plus diamond ring sets online auction record at Christie’s

https://si.wsj.net/public/resources/images/FN-AK418_fn_dia_M_20200513093502.jpg

The D-colour diamond ring is expected to sell for between $1m and $2m

Deutsche Beteiligungs closes latest fund as it reveals coronavirus hits PE investments

The firm also issued a new forecast saying it expects full-year net income to be negative.

More fintech lenders get green light under CBILS scheme

MarketFinance and Capital on Tap are among four new lenders to be approved

What’s good for investment banks isn’t for investment bankers

The extra profits couldn’t stop the number of jobs for front-office investment bankers from shrinking

Bank job losses hit six-year high despite vows to halt cuts during pandemic

https://si.wsj.net/public/resources/images/FN-AK417_fn_job_M_20200513051340.jpg

Big banks chopped 2,800 jobs in the first quarter. CEOs have promised to halt redundancies during the pandemic

UK banks lend almost £15bn to struggling firms amid ailing economy

The statistics come as the UK economy contracts by a record 5.8% in March

European banking watchdog unveils plan to stamp out dividend arbitrage schemes

The estimated cost to European tax-payers of so-called cum-ex trades is €55.2bn

Germany’s Commerzbank swings to loss, but protected by strong sovereign

Negative interest rates and high costs have hit the bank’s profits

Three stunning charts from UK GDP fall — including the spike in toilet paper demand

The real grim news is that the second quarter will be worse, official statistics suggest

LGIM to vote against re-election of ExxonMobil chair

The asset manager is taking a stand against ExxonMobil’s approach to climate change

SCP Private Equity acquires British menswear brand TM Lewin

The acquisition will be made by Torque Brands, a special purpose vehicle set up by SCP to takeover complimentary British brands

The bank booked an impairment charge in the period of €1.11bn compared with €102m for the first quarter in 2019

Haircuts and swims: Finance high-flyers reveal their post-lockdown wishlist

https://si.wsj.net/public/resources/images/FN-AK386_fn_loc_M_20200507092815.jpg

As the UK's Prime Minister prepares to unveil his government's plans to kickstart the economy and ease lockdown restriction, FN has asked senior City figures what's on the top of their 'things to do' list

Revolut’s people operations team lost key execs ahead of job cuts

https://si.wsj.net/public/resources/images/FN-AK414_FN_REV_M_20200512111536.jpg

The digital bank has been hit by a wave of senior departures since the start of the coronavirus pandemic

https://www.wsj.com/?type=allesseh_content_full_list