Applenews
Octopus buys Virgin Money investment arm to accelerate wealth push
Octopus Money eyes greater foothold in the UK’s direct-to-consumer market
2 min read
Woodford hits back at FCA fine, claiming regulator ‘never objected’ to fund liquidity
Woodford Investment Management says regulator never suggested liquidity framework for Woodford’s flagship fund was ‘inappropriate or unreasonable’
3 min read
HSBC hires UBS’s marketing chief John McDonald as it doubles down on wealth
British bank is planning to make 200 hires for its UK wealth business this year
2 min read
Equities trader bonuses to jump 30% as banker pay sentiment turns around
Bonuses for dealmakers expected to increase this year after earlier predictions of steep declines
2 min read
FCA fines Neil Woodford £6m and bans him from senior roles
The UK regulator has also fined Woodford Investment Management £40m for failures managing the Woodford Equity Income fund
3 min read
EU watchdog approves 100% of significant risk transfers in face of growing concerns
There is increased regulatory scrutiny of SRTs, which are a way to free up potential liabilities on banks’ balance sheets
4 min read
Schroders CEO: Why the debate over active versus passive is now dead
Richard Oldfield says it’s time to acknowledge that active management is about far more than stock selection
4 min read
Former GAM chief appointed to head Deutsche Börse’s SimCorp business
Peter Sanderson takes over from Georg Hetrodt, who is retiring later this year
1 min read
Guggenheim Securities hires William Blair trio for London technology push
The US bank has hired Dominic Emery as a senior managing director
1 min read
UBS pays $300m to settle legacy Credit Suisse mortgage-backed securities case
The Swiss back is looking to draw a line under the issues of its former rival
1 min read
How Brexit changed the way Wall Street banks tackle Europe
While the prophecies of instant disaster for the City never came true, many US banks are now looking all over the EU as well as in London when they want to hire or boost business
8 min read
HSBC hires Barclays banker Hartmann to lead US FIG debt financing
The UK lender is refocusing its investment bank on DCM and key locations
Aberdeen CEO Jason Windsor: Global firms need convincing UK is ‘the place to be’
Boss of Edinburgh-headquartered asset manager says those firms looking to list in London should not have to deal with added bureaucracy
FCA hires from Standard Chartered to bolster crypto and payments division
Anurag Bajaj, who spent almost 20 years at the UK lender, joins regulator as a senior adviser
Trading Places: Deutsche Bank promotes trio of bankers, Linklaters hires from Paul Hastings
Find out who is on the move in the City and beyond this week
Most Read
Consultants cash in on AI boom: ‘Demand has gone up dramatically’
Consultancy bosses are targeting AI and cybersecurity as key growth areas to defy a sector slowdown
4 min read
Active funds bounce back, and JPMorgan’s $100bn active ETFs target
Catch up on all this week’s asset management news
4 min read
Linklaters hires Paul Hastings’ London co-chair
Magic Circle law firm taps US rival for senior restructuring partner
1 min read
Deutsche Bank promotes Buvat to lead new corporate private solutions business
The German lender has shaken up the senior ranks of its investment bank
1 min read
Schroders CEO: War for asset management talent ‘alive and well’
Richard Oldfield said hires made across the business during the first half of 2025 will put it in a ‘fighting state’ going forward
2 min read
