Clydesdale Financial Services, the UK consumer credit company, has completed a management buy-in (MBI) - rare in the financial services sector.

Barclays Private Equity bought out the company in a £108m (€171m) deal also backed by a securitised bond and a small mezzanine loan.

Barclays Private Equity completes £108m Clydesdale MBI

Jeremy Adams

Barclays

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Crypto hedge funds continue to rally as bitcoin approaches all-time high 

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Proskauer Rose hires John Goldfinch after A&O Shearman drink-driving exit

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Trading Places: Goldman’s ECM shake-up, Latham’s latest raid

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Find out who is on the move in the City and beyond this week

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

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Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: “We need to kill this.”

How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

Brokerages seeking to meet the growing global appetite for U.S. stocks are extending their timetables.

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Donald Trump’s pick for Treasury secretary has been a fierce defender of his activist approach to trade.

Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It.

Green industrial policy is failing in Europe, a warning to the next Trump Administration.

Northvolt’s Bankruptcy and the EV Crash

Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.

Atos Jumps on French State Bid for Advanced Computing Business

Atos Shares Jump on French State Bid for Advanced Computing Business

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