News

Barclays set to cut 200 investment bank jobs in cost reduction plan

The UK bank is trying to up its competition with Wall Street giants

2 min read

Jain Global’s UK entity reports £56.8m in revenue

Bobby Jain’s new firm made millions as it got off the ground, according to accounts

2 min read

Private equity firm swoops for Argentex ahead of emergency sale vote

Dutch investor makes last-minute proposal for embattled FX broker

3 min read

Dozens of SFO cases face potential legal challenge after software failures

Prosecutor forced to reveal extent of disclosure review after FN wins transparency battle

4 min read

Wall Street banks have added 11,000 EU jobs since Brexit 

In the five years since the UK officially left the EU, the world’s biggest investment banks have shifted thousands of roles

4 min read

Goldman wealth boss: Clients should have ‘significant exposure’ to private assets

The Wall Street bank wants to scale in the UK, Robert Mullane tells FN, despite an exodus of wealthy non-doms

5 min read

EU’s response to Trump trade war could add to UK’s Brexit damage

The City could be caught in the crossfire if his new tariffs lead to ‘Fortress Europe’

4 min read

Pisces: How the London Stock Exchange plans to lure firms to a private market

Two fintechs worth a combined $3.5bn are among those interested in the government’s plans to enable the trading of private companies’ shares on exchanges

8 min read

Dubai’s growth spurt is feeling the pressure

Firms are rushing to the Middle East, but bankers, wealth managers and other finance execs who have moved there say some of the advantages have been overhyped

6 min read

Liontrust moves staff to BNY in outsourced trading deal

UK asset manager eyes ‘operational efficiency’ after outflows

3 min read

UBS faces demand for $26bn more in capital as Swiss government outlines new rules

Officials want to avoid another collapse like Credit Suisse’s but the Swiss bank has hotly contested calls for a higher buffer

3 min read

Tradeweb eyes more blockchain tie-ups in digital assets push

Trading platform looks to build on partnerships with the likes of Goldman Sachs

FCA mulls overhaul of fund value reports

Axing reporting requirements will lead to ‘significant cost saving’ for almost 150 firms, City watchdog says

FCA to lift ban on crypto ETNs for retail investors

Firms will be able to offer crypto ETNs to novice traders in the UK

Private equity parties like it is 1999

Nostalgia for more certain times hangs over this week’s SuperReturn summit in Berlin

Man Group orders London-based quants to work from office five days a week

The firm’s AHL Alpha Programme has lost 10% year-to-date

1 min read

HSBC names Nelson interim chair as Tucker takes AIA role

The UK lender is searching for a permanent successor to Sir Mark Tucker, who has spent eight years in the job

2 min read

Trading Places: UBS reshuffles syndicate team, FCA COO departs

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

2 min read

Peel Hunt hybrid work policy moved to four days in the office

The City investment bank has asked all of its staff to return in person for at least four days each week

3 min read

JPMorgan says it will fire analysts taking back-dated jobs elsewhere

The Wall Street bank told incoming investment banking analysts that accepting offers at other firms before they join will mean ’employment with the firm will end’

2 min read