Article Archive | Financial News London

January 2023

S

M

T

W

T

F

S

Article Archive

January 17th, 2023

|

|

17

Davos Day 2: Idris Elba, a brush with Larry Fink and a chance dinner invite

By Kristen McGachey

2023-01-17T17:51:09Z

4 min read

Climate change Davos ESG People

The pivotal role private investment must play in righting financial markets was also echoed by BlackRock’s chief executive Larry Fink

StanChart’s Zodia Markets nabs ex-Goldman Sachs director from BlockFi

2023-01-17T17:23:51Z

2 min read

Crypto Standard Chartered Bitcoin People Cryptocurrency Goldman Sachs Morgan Stanley

Paul Howard said he hoped to help establish Zodia Markets as the 'most trusted institutional trading partner for digital assets'

Linklaters London corporate partner quits for Weil Gotshal in latest exit

2023-01-17T16:39:46Z

2 min read

Linklaters Legal Services Weil Gotshal & Manges M&A On the move

Sarah Flaherty marks the latest exit to a US law firm

Goldman Sachs’ 3,200 layoffs to cost $275m

2023-01-17T15:42:29Z

2 min read

Investment Banking

Goldman’s chief executive, David Solomon, emphasised growth opportunities in its investment banking and financing divisions as part of its strategic priorities

London Metal Exchange’s general counsel set to depart to set up own business

2023-01-17T14:23:47Z

2 min read

London Metal Exchange People Trading

Before announcing his departure, Tom Hine had taken a period of extended leave from September to the end of 2022

Morgan Stanley cuts investment bank pay by 10% as traders offset dealmaking slump

2023-01-17T13:00:21Z

2 min read

Pay and Bonuses Investment Banking People Morgan Stanley

Morgan Stanley posted a sharp decline in dealmaking fees in 2022, with revenue in the unit tumbling by 49% to $5.2bn

Goldman Sachs cuts pay by 15% as dealmaking fees tumble

2023-01-17T12:50:36Z

3 min read

Credit Suisse Investment Banking People Goldman Sachs

Goldman Sachs finished second in the investment banking fee league tables last year, with 7.7% of the market, according to data provider Dealogic

The Fintech Files: Inside crypto’s culture war, meet the new Three Arrows

2023-01-17T17:30:27Z

5 min read

The Fintech Files Crypto Fintech Files Cryptocurrency

Crypto enthusiasts are at adds with seasoned City types, FN reports this week, while 3AC also makes a return

Davos 2023: Fidelity International, EY bosses say deglobalisation fears are overblown

By Kristen McGachey

2023-01-17T11:31:33Z

2 min read

Davos Fidelity Asset Management

Anne Richards told Davos there was a 'risk of confusing capital flows and physical movement of stuff'

Why small hedge funds look set to outpace larger rivals in 2023

2023-01-17T11:19:50Z

3 min read

One of the biggest advantages small hedge funds have over their large competitors is that they are not constrained by big transaction sizes

Vanguard, BNP Paribas, JPMorgan among Europe’s biggest ETF winners

By David Ricketts

2023-01-17T09:29:10Z

5 min read

Pimco Asset Management JPMorgan Vanguard ETFs BNP Paribas Asset Management

Although sector flows in Europe dropped in 2022, Vanguard, JPMorgan and BNP Paribas emerged as some of the biggest exchange traded funds winners

Goldman Sachs cuts 50 European dealmakers amid global pullback

2023-01-17T08:44:26Z

2 min read

Credit Suisse Investment Banking People Goldman Sachs

Goldman Sachs has cut around 1,000 jobs in its core banking and trading units

Concerns raised over vested interests as Lords push City deregulation

2023-01-17T08:24:20Z

3 min read

Politics Regulation

The government's plans to free up the City post-Brexit are facing challenges from campaigners and regulators themselves

Clifford Chance’s top earner paid £4.9m in 2022

2023-01-17T08:15:05Z

2 min read

Pay and Bonuses Legal Services Clifford Chance

Pre-tax profits at Clifford Chance rose by £120m, to £812m in 2022

M&G taps Natixis IM for asset management CEO

By David Ricketts

2023-01-17T07:53:12Z

1 min read

People Asset Management On the move

Joseph Pinto joins savings and investment group M&G as chief executive of its asset management business

Bain Capital co-chair Pagliuca retires after three decades

2023-01-17T07:00:42Z

3 min read

Private Equity People