News
Serious Fraud Office spends £220,000 on aborted move to Canary Wharf
Prosecutor ditched the planned docklands relocation to spend more money on its internal systems
3 min read
Why Blackstone is talking about LTAFs
Demand for the semi-liquid funds has been muted, but private market firms are watching with interest, insiders say
3 min read
Sidley hires senior Latham London capital markets partner
Latham’s London corporate co-chair follows ex-colleagues to Sidley
1 min read
Willkie Farr hires Gibson Dunn antitrust team in Germany expansion
Willkie grows in Germany with former Latham & Watkins team
1 min read
Boston Consulting Group re-elects CEO Schweizer as revenue hits $13bn
The leading consulting firm has appointed Christoph Schweizer for a second leadership term
1 min read
Allspring names new CEO as Joe Sullivan takes exec chair role
Kate Burke, who moves into the top job in July, has worked at Allspring since 2023
1 min read
Proskauer Rose, Milbank, Paul Weiss boost ranks in hot London legal market
Catch up on this week’s top legal news
2 min read
Mike Novogratz’s Galaxy Digital plans UK growth on back of new trading licence
New York-headquartered firm wants to expand in the UK after obtaining derivatives trading authorisation from the Financial Conduct Authority
3 min read
French regulators to probe shadow banking risks
Watchdogs and central bank team up to look at how shocks from so-called non-bank financial institutions could ripple through markets
2 min read
DWS settles German ESG probe with €25m fine
Fine by the Frankfurt Public Prosecutor’s Office comes after the asset manager was hit with a $19m penalty by the US regulator in 2023
2 min read
Ex-Deutsche Numis, Clearwater dealmakers launch mid-market boutique Pura
The new boutique advisory firm will target mid-market deals
2 min read
Revolut wants to become the ‘world’s leading market maker’ in challenge to Wall Street
‘What was once the little fintech FX app is now coming for the heart of the City’
Bloomberg tech chief says AI could streamline 80% of analyst workload
AI could boost productivity tenfold in some areas, Shawn Edwards tells FN
Pressure grows on Triton to reveal internal investigation amid culture allegations
Gina Miller and Diversity VC call for transparency as private equity firm concludes initial fact-finding probe
Goldman Sachs promotes Mistry and Wick to lead leveraged finance in Europe
The new roles follow the exit of former boss Dominic Ashcroft to Blackstone
GameStop eyes bitcoin to ‘stay relevant’ after fending off hedge funds
Your guide to the week’s biggest fintech stories
2 min read
UBP appoints UK chief as Kleinwort Hambros acquisition completes
Mouhammed Choukeir to lead Swiss lender’s wealth management business in the UK, Channel Islands, and Gibraltar
1 min read
UniCredit turns to AI to uncover smaller M&A deals in ambitious growth plan
The Italian lender has set a target of increasing fees by €1.4bn in its client solutions business and doing more strategic investment banking work
4 min read
New audit watchdog set to go after non-accountant directors
Government to press ahead with plan to hold top staff at firms accountable as Arga finally gets nearer
3 min read
Can Carlyle’s Wand revive its European buyout team?
A London-based tech veteran is tasked with turning around the fortunes of the private equity giant’s European buyout team.
7 min read