Applenews
PwC cuts 1,500 jobs in Middle East
The cost-cutting drive comes after the Big Four accountancy firm’s ban by Saudi Arabia’s sovereign wealth fund
1 min read
StoneX adds senior Marex salesman to London office
US broker-dealer taps rival for Luca Annesanti
1 min read
BC Partners-owned United Group agrees to pay ousted founder €250m bonus
United Group dismissed Dragan Šolak and chief executive Viktoriya Boklag in June
2 min read
Deutsche Bank taps Morgan Stanley’s Naik for leveraged finance team
The German lender has been bolstering its investment banking team in recent months
2 min read
Bill Ackman’s hedge fund continues to rise thanks to these stocks
Ackman’s big bet on Uber is paying off this year
2 min read
Parmenion enlists Evercore to start work on potential sale
Bankers have been brought in with a view to offloading the investment platform next year
2 min read
Jefferies to boost European sponsors activity after $912m Sumitomo Mitsui deal
The Japanese bank has increased its stake in Jefferies to 20%
2 min read
Trading Places: UBS names new investment banking head, Jain Global’s latest partner
Find out who is on the move in the City and beyond this week
4 min read
How far have regulators really bent to Rachel Reeves’ will?
Opinion in the Square Mile is split over whether cutting regulatory barriers will improve growth
4 min read
Bank of America shifts top banker Vicario to lead key UK unit
The US investment bank is creating 1,000 new UK roles
1 min read
BNP Paribas is taking a wealth M&A hiatus
Catch up on the top news in wealth management this week
2 min read
BlackRock’s ‘drum beat of succession’ and why Woodford could happen again
Catch up on this week’s asset management news
BNP Paribas wealth CEO: More M&A not in the cards right now
The French lender is focusing on organic growth after snapping up HSBC’s German private bank and Axa IM, Vincent Lecomte tells FN
UBS names new investment bank leaders in major shake-up of upper ranks
Marco Valla takes charge of global banking as part of a broader reshuffle at the Swiss bank
Stifel hires former Standard Chartered M&A boss Chohhan for London dealmaking team
The US bank is looking to expand its European operation
Most Read
London Stock Exchange Group shares are down 25%. What next for its data strategy?
It’s the second worst performing stock in the FTSE 100 over the last six months. Are investors losing faith in LSEG’s new direction?
6 min read
The new PE firm with a minimum buy-in of $500m
MGX has already made investments in Open AI and Elon Musk’s xAI
2 min read
Broader skills, more influence: Why BlackRock bolstered its leadership team
BlackRock’s move to add 20 senior names to its global executive committee reflects changing priorities at the world’s largest fund house
4 min read
Electronic market maker Optiver boosts average UK pay to £600,000
The Dutch trading firm’s UK business grew its income by 34% last year
1 min read
