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Trial date set in BGC’s $5.7m lawsuit against trader

City Correspondent

The case is being brought by BGC's UK arm, which is based in Canary Wharf

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BGC is heading to trial with a trader who it said reneged on a contract to start working for the brokerage, in a claim worth $5.7m.

The US-based group’s British arm, BGC Brokers LP, filed a lawsuit against Adam Tillman at the Dubai International Financial Centre Courts in April.

Trial involving BGC Brokers LP and Adam Tillman over alleged breach of employment contract set for May 2026

Lars Mucklejohn

Business

Finance

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The US bank has unveiled a flurry of new recruits for its mid-market business

JPMorgan promotes senior private banker Folarin Oyeleye to head of Emea lending

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A shake-up of the Wall Street firm’s UK private banking team continues

Sullivan & Cromwell bolsters London office with two partners

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Sullivan & Cromwell bolsters London office with Kirkland, Weil partners

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The U.S. private-equity firm agreed to buy Australian share-registry provider Automic in the firm’s first local acquisition since opening its Sydney office.

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Annual inflation picked up pace a little in the eurozone last month, cementing expectations that the ECB will leave interest rates unchanged next week.

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A loss of independence at the Federal Reserve could have serious consequences for both the U.S. and the global economy, the eurozone’s top central banker warned.

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Individual traders and social-media influencers pushed to oust the CEO of Opendoor Technologies, and got what they wanted.

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It isn’t just Microsoft—companies are adopting a new, harder-line playbook for dealing with political debate at work.

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The German pharmaceutical company is backed by private-equity firms Bain Capital and Cinven.

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Abbe Lowell’s clients include a Fed governor and New York’s attorney general—and formerly members of the Trump family.

Banks including JPMorgan, Citi and UBS left the NZBA in the past year as they faced pressure from the Trump administration to ditch green pledges.

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Companies are snapping up “AI native” talent straight out of college and grad school. “Under 25, you can be making a million.”

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The asset class has shifted to late-stage lending as companies remain private for longer.

Venture Debt Firms Tilt Toward Mature Companies

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