News

EY fined nearly £5m over Thomas Cook audits

The collapse of travel company Thomas Cook in 2019 left thousands of holidaymakers stranded

1 min read

Standard Chartered eyes private markets tie-ups in ultra high net worth push

Lender wants to ink deals with other ‘tier one managers’ to boost its investment club for the ultra wealthy

2 min read

Barclays hires Centerview dealmaker Woeber to lead global M&A

The UK lender has tapped a veteran dealmaker to head up a key area of growth

1 min read

Banks warned against dodging capital rules through risk transfers

Lenders are increasingly offloading credit risks from their balance sheets, but the Bank of England says some deals are ‘imprudent’

2 min read

The Rising Stars of European Finance reflect on their biggest career challenges

FN’s young guns have tackled new roles, work-life balance, and tough market conditions this year

11 min read

JPMorgan ‘beefing up’ private equity banking team ahead of long-term deal boom

The US bank is hiring bankers before an expected uptick in deal activity from private equity and infrastructure clients over the next five years

4 min read

Stifel shuttering research in Zurich and Frankfurt in European retreat

The US investment bank is set to close some research functions in Europe

2 min read

Nomura taps Hiraoka and Tyce to lead global rates trading

Japanese bank doubles up leadership of key markets division

2 min read

Mark Mobius: China could emerge as winner from US tariffs

Veteran investor says that despite mounting trade tensions with the US, China could emerge in a stronger position

3 min read

Why Trump’s tariffs could play into the LSE’s hands

‘In the medium-term this might be good for the London Stock Exchange’

3 min read

‘All bets are off’ for London IPOs as Trump tariffs whipsaw markets

London is struggling to bounce back from a dearth of listing activity

Peel Hunt reports worst gender pay gap in UK investment banking

City investment bank pays female staff half as much as men

Hg tops $1bn in wealth fund push

UK buyout shop plans more hires for global wealth business

Goldman Sachs leapfrogs rivals to top UK dealmaking in first quarter

The Wall Street bank’s dominance in M&A led to it topping the league tables

2 min read

Accounting watchdog probes BDO’s audit of Home REIT

Mid-market auditor investigated over sheltered housing investor’s accounts

1 min read

Impax assets slump 25% as ESG rout continues

Sustainability focused fund house takes another hit as the tide turns against green investing

1 min read

Credit Agricole eyes dealmaker hires in push for more European M&A

The French bank is bolstering its team in the UK and the Nordics

3 min read

Bank bosses meet to discuss tariff fallout as BofE quizzes lenders on liquidity

Executives are discussing the ongoing impact of Donald Trump’s tariff hikes

1 min read