The £625m (€1.05bn) Wiltshire County Council pension scheme is moving towards specialist investment, placing the future of its balanced managers under threat.

The pension scheme is tendering a £130m bond mandate, a £130m multi-manager global equity mandate, and a £65m property mandate.

UK local authority moves towards specialist management

Maha Khan

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’

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

Deutsche Bank hires top Barclays banker Swerling as global head of ECM

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The German lender has hired Barclays’ co-head of equity capital markets to lead its team globally

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

https://images.fnlondon.com/im-329118?size=1.5

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

HSBC hands Blackburn top risk role as shake-up continues

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The UK lender has given the leading compliance job to a 20-year veteran

The lawsuit claims the tech giant abused its dominance and overcharged companies for search advertising services.

Google Faces Potential $6.6 Billion U.K. Antitrust Lawsuit Over Search Advertising

The Swedish private-equity company said its portfolio has limited direct exposure to tariffs, but the deterioration in market conditions will inevitably hurt its exit agenda this year.

EQT Has Limited Direct Tariff Exposure, But Expects Exit-Plan Hit

EQT Says Its Portfolio Has Limited Direct Tariff Exposure, But Sees Impact on Exit Plans

An options trader’s gutsy bets have drawn followers, and a few nicknames.

By Krystal Hur | Photographs by Breanna Maxine for WSJ 

Meet ‘Captain Condor,’ the Options Trader Whose Crew Can Move Markets

A judge demanded more answers from the government about what it has done to facilitate the return of Kilmar Abrego Garcia.

By Jacob Gershman, C. Ryan Barber and Victoria Albert

Trump and Judiciary in Escalating Standoff Over Wrongfully Deported Migrant

The FTC wanted $30 billion to drop its case. Zuckerberg offered much less and hoped Trump would back him up.

By Dana Mattioli, Rebecca Ballhaus and Josh Dawsey

Inside Mark Zuckerberg’s Failed Negotiations to End Antitrust Case

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