Article Archive | Financial News London

August 2023

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Article Archive

August 23rd, 2023

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SEC waters down private fund adviser rule after hedge funds push back

2023-08-23T16:36:00Z

5 min read

SEC Hedge Funds Regulation

Liontrust CEO under fire over ‘false rumours’ in email to GAM investor

By David Ricketts

2023-08-23T11:20:00Z

3 min read

Liontrust GAM Asset Management M&A

‘He will retract the email. I never wrote those words, and I would never approve of those words’

FCA staff renew calls for union recognition

2023-08-23T09:31:00Z

2 min read

The FCA's headquarters played host to a dramatic walk-out over pay and perks last year

Datasite buys dealmaker ranking platform MergerLinks

2023-08-23T09:00:00Z

2 min read

Investment Banking People M&A

Rothschild-owned broker Redburn posts £23m loss as pay costs surge

2023-08-23T08:30:00Z

2 min read

Pay and Bonuses Investment Banking People Trading Rothschild

Fees 'under pressure' as Redburn looks to invest in new markets

Morgan Stanley hit with £5m penalty over traders’ WhatsApp use

By Penny Sukhraj

2023-08-23T07:34:00Z

2 min read

Investment Banking Trading Morgan Stanley

Morgan Stanley's fine marks the first time the regulator is penalising a firm under the UK’s legal requirements to record and maintain electronic communications

Goldman Sachs cracks down on staff who flout five-day-office rule

By Penny Sukhraj

2023-08-23T06:55:00Z

2 min read

Investment Banking Goldman Sachs

Goldman's move comes more than three years after the Covid-19 virus shifted the finance sector to work from home

PwC UK partner pay slips to £906,000

2023-08-22T23:05:00Z

1 min read

Accountancy Pay and Bonuses Professional services PwC

Big Four struggles to match the bumper payouts of 2022

Rob Gardner: Why I left SJP for a biodiversity startup

By Kristen McGachey

2023-08-22T23:01:00Z

6 min read

Rob Gardner had an epiphany at COP26 that ‘we shouldn’t just be talking about climate change’

Abrdn faces relegation from FTSE 100 – again

By David Ricketts

2023-08-22T23:01:00Z

3 min read

Abrdn Asset Management

Gars' fall from grace has weighed on the fund house as it tries to pivot its strategy