Article Archive | Financial News London

December 2022

S

M

T

W

T

F

S

Article Archive

December 6th, 2022

|

|

06

Government hits back at ‘race to the bottom’ claims as battle over future of City rules rages on

2022-12-06T17:01:00Z

2 min read

The government's plans are not 'deregulation for deregulation’s sake', says John Glen

Bank of America CEO says dealmaker fees down by up to 60% in fourth quarter

2022-12-06T15:21:00Z

2 min read

Bank of America Investment Banking

Brian Moynihan said that 'we don't lay people off', but 'we have an ability to reshape our headcount pretty quickly just by turnover'

Robinhood rolls out IRAs to target buy-and-hold crowd

2022-12-06T13:43:00Z

4 min read

Goldman Sachs CEO David Solomon says banker talent war is ‘as strong as ever’ despite cuts

2022-12-06T13:18:00Z

2 min read

Investment Banking People Goldman Sachs

Solomon struck a bearish tone during his speech to the conference, saying that clients were ‘fatigued’ by the ongoing challenges and remained cautious

‘It was savage’: Kraken’s crypto staff slam ‘cold’ redundancies

2022-12-06T12:21:00Z

4 min read

Crypto Fintech Kraken Bitcoin Blockchain Cryptocurrency

A Kraken spokesperson said the job cuts were ‘necessary to adapt to current market conditions’

Clifford Chance appoints new senior partner after contested election

2022-12-06T09:30:00Z

1 min read

Legal Services People Clifford Chance

Adrian Cartwright was earlier elected as managing partner for a four-year term at the firm starting May 2022

Citi on the brink of agreement to recover accidental payout to Revlon’s lenders

2022-12-06T08:44:00Z

1 min read

Citigroup Hedge Funds Investment Banking

We need a new deal on carbon border taxes

2022-12-06T00:01:00Z

4 min read

Commentary Economics ESG View

From 2026, the EU will impose tariffs on imports to equalise CO2 prices between domestic producers and their foreign competitors

Banks face final push to staff up EU hubs as ECB ramps up post-Brexit crackdown

By Justin Cash and Paul Clarke

2022-12-06T00:01:00Z

4 min read

Investment Banking Brexit Regulation

From the beginning of next year, the ECB will issue binding decisions to banks on what needs to change

BNP Paribas’ Exane trims analysts as deputy research head departs

2022-12-06T00:01:00Z

2 min read

Investment Banking People BNP Paribas

In July last year, BNP Paribas acquired the remaining 50% stake in Exane to take full control of the broker as part of a broader push into equities