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Credit Suisse recovery weighed down by billions in legal bills

Swiss lender says it has taken measures to improve its risk culture, which is at the root of many of its legal woes

Schroders CEO: UK’s risk aversion has ‘undermined’ investor returns

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Harrison added the UK needs to become a 'friendlier place to do business'

‘I encountered explicit homophobia’ in finance: The life of the City’s LGBTQ+ workers

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Staff from BlackRock, HSBC and PwC say conduct that was considered ‘OK’ at the start of their careers is no longer tolerated, but more work needs to be done on microaggressions and intersectionality

London Stock Exchange says Microsoft deal will ‘transform’ business as equities struggle

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Computing giant will help usher in a new era, exchange says, as it turns its attention away from stalled IPO market to data and technology

Acquisition costs weigh on Schroders as profit dips

Operating profit slides 14% but asset manager remains bullish on path ahead

Investors forced to pay for free trading data, FCA finds

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Trading data can be too complex and cost too much, regulator finds

London Stock Exchange profit jumps to £1.2bn

Income at the exchange tops predictions as cost savings also boost profit

Blackstone limits Breit withdrawals again

Investor redemptions outgrow limits for the fourth month in a row

FCA leavers cite career progression as biggest reason for quitting, not pay overhaul

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More than 55% of leavers gave a lack of progress in their career as the main reason for leaving – nearly nine times more than those who cited pay as the main reason

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