Article Archive | Financial News London

March 2021

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Article Archive

March 5th, 2021

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Trading Places: Pimco nabs ex-White House adviser, Goldman exits, Simpson Thacher hires Blackstone GC

By

James Booth

2021-03-05T14:30:37Z

3 min read

Trading Places Deutsche Bank Pimco Blackstone Goldman Sachs On the move

More people ditch remote working amid lockdown commuter spike

By

Bérengère Sim

2021-03-05T14:08:21Z

3 min read

Lockdown Coronavirus Covid-19

Commuters wait for their train to depart from Victoria station on the London underground. From 10 to 14 February, 34% of adults reported commuting from home to work

Bitcoin’s chances of hitting $100,000 in 2021 stumble as Kanye West tipped to buy $100m

By

Emily Nicolle

2021-03-05T12:32:49Z

2 min read

Fintech Bitcoin Cryptocurrency Elon Musk bill gates

Bitcoin has divided the worlds tech billionaires, with Tesla chief Elon Musk and Twitter co-founder Jack Dorsey supporting the coins rise

Deloitte UK deputy chief Dimple Agarwal steps down after bullying claims

By

James Booth

2021-03-05T12:07:44Z

2 min read

Accountancy Diversity KPMG Deloitte

The firm’s UK chief executive Richard Houston said in a 5 March statement that Agarwal was relinquishing her position

London Stock Exchange Group reports £2.1bn total revenue for 2020

By

Bérengère Sim

2021-03-05T09:35:00Z

1 min read

city of london Trading London Stock Exchange

Credit Suisse to shutter suspended funds with $10bn exposure to Greensill

By

James Booth

2021-03-05T08:01:27Z

2 min read

Credit Suisse SoftBank Greensill

Credit Suisse Group knew since 2019 that supply-chain finance funds it ran with Greensill Capital were too reliant on a small group of insurers to protect investors against default

UBS hikes bonuses by nearly 50% for senior employees after bumper year

By

Paul Clarke

2021-03-05T07:31:44Z

2 min read

Pay and Bonuses Investment Banking UBS

UBS increased its bonus pool across the bank to $3.3bn, which was up by 24% on the previous year as pre-tax profits at the bank increased by 47% to $8.2bn

Inside City law firms’ battle for bigger share of the booming PE market

By

James Booth

2021-03-05T05:01:33Z

9 min read

Freshfields Bruckhaus Deringer Linklaters Private Equity Legal Services

The top UK and US law firms in London are engaged in a colossal tussle for private equity market share

Banks slashed 700 frontline jobs last year even as trading frenzy fuelled best year in decade

By

Paul Clarke

2021-03-05T00:01:31Z

2 min read

FICC Investment Banking Trading Stock Market M&A