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Professional Services Correspondent

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BDO’s average partner pay rose 12% to £681,000 in the year ended 5 July 2024 as the professional services firm hit the £1bn revenue mark for the first time.

BDO’s audit business saw revenue grow 8% to £433m, while its tax business rose 7% to £241m. 

Average profits at the accountancy firm rebound after major investment

Edin Imsirovic

C-Suite

Investing

London Stock Exchange fires US employee after video of ‘racist’ altercation

‘I was considered the most junior person in the room’: Senior disabled finance workers on promotion battles and prejudiced attitudes

JPMorgan boss Jamie Dimon to meet chancellor Rachel Reeves ahead of Labour government’s first Budget

Fordham’s geopolitical advisory firm enlists political heavyweights, Citi FX specialist in expansion

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The advisory firm has turned to a former senior civil servant and Conservative MP to bolster its business amid heightened geopolitical tensions

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

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US law firm adds finance partner after A&O Shearman departure

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

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.

Welcome to the World of 24-Hour Stock Trading

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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BDO partner pay jumps 12% to £681,000

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