Article Archive | Financial News London

August 2023

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Article Archive

August 1st, 2023

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Berkshire Hathaway investors eye Apple, Chevron stakes as Buffett prepares latest results

2023-08-01T16:11:00Z

3 min read

Asset Management Warren Buffett Berkshire Hathaway

Former NatWest manager awarded £88,000 after cancer discrimination claim

By Penny Sukhraj

2023-08-01T14:06:00Z

2 min read

Investment Banking People NatWest Group

In February 2022, the Central London Employment Tribunal said it found 'clear evidence of discriminatory intent' by NatWest in its 'unreasonable' dismissal of the former manager

BlackRock, Fidelity, other fund houses won’t meet climate targets, report says

2023-08-01T12:17:00Z

5 min read

ESG Asset Management Larry Fink Regulation BlackRock

BlackRock boss Larry Fink has talked a big game on ESG, but is he walking the walk?

The Fintech Files: Schroders’ Genie-us, Man Group warns on AI ‘hallucinations’

2023-08-01T16:30:00Z

3 min read

The Fintech Files Fintech Fintech Files Schroders

Schroders wants staff to experiment with AI, as does Man Group

Norton Rose Fulbright’s Farmida Bi appointed chair of International Regulatory Strategy Group

2023-08-01T10:40:00Z

2 min read

Accountancy City of London Corporation Norton Rose Fulbright TheCityUK Legal Services People

Farmida Bi has been Emea chair of law firm Norton Rose Fulbright since 2018

Morgan Stanley Emea boss Clare Woodman to chair FCA advisory panel

2023-08-01T09:39:00Z

1 min read

Investment Banking FCA Morgan Stanley

Bank boss becomes one of a number of City leaders that will get to challenge the regulator

Man Group revenue dented by 92% performance fee plunge

By Penny Sukhraj

2023-08-01T07:43:00Z

2 min read

Hedge Funds Man Group

Outgoing CEO Luke Ellis noted the 'sustained organic growth' and said the flows were 2.5% ahead of the industry

Citigroup dealmaker Marina Kvasnikova joins DC Advisory

2023-08-01T05:35:00Z

1 min read

Investment Banking People

Marina Kvasnikova has joined Japanese bank DC Advisory as a director within its technology and software investment banking team London

HSBC’s dealmaking unit jumps 69% despite M&A slump

2023-08-01T04:47:00Z

2 min read

Investment Banking HSBC

The UK lender posted revenue of $252m for its capital markets and advisory business, up by nearly 70% compared with the second quarter of last year

Man Group CTO: ‘AI may build its own successor’ but beware ‘hallucination’

2023-08-01T04:01:00Z

6 min read

Hedge Funds Man Group ChatGPT

Man Group's CTO Gary Collier: 'The fact that [ChatGPT's] impact is so obvious means its adoption will be much more widespread'