News

Bitcoin, solana rally fuels crypto hedge fund gains

Here’s how crypto hedge funds Tephra Digital, Pythagoras and Fasanara Digital performed in April

2 min read

City fund groups stick with hybrid work after BlackRock calls back senior staff full time

Most asset managers are maintaining policies that require staff to be in the office at least three days a week

3 min read

UK IPO candidates delaying plans after tariff hit, Peel Hunt says

US president Donald Trump’s tariffs have rattled markets

2 min read

FCA confirms payments and digital finance boss

David Geale named permanent head of payments and digital finance

2 min read

BlackRock orders managing directors back to office five days a week

Move comes after US asset manager tightened its working from home policy in 2023

1 min read

Houlihan Lokey CEO says deal flow ‘resilient’ in face of Trump tariff volatility

The mid-market boss said that both pitches and deals are moving at a ‘pretty normal rate’

2 min read

Banker bonuses expected to slump 20% as tariff chaos hits deals

Trader payouts are predicted to surge as banks cut bonuses for investment bankers

Lloyd’s of London appoints new CEO

The insurance market has picked an internal candidate for the top job

Rathbones’ assets fell 5% to £104bn ahead of tariff turmoil

Chief executive Paul Stockton hints at further cost cuts amid heightened market volatility

Aviva Investors creates investment engineering team to assist AI push

New team is leading development of an in-house tool dubbed OptiFI, which will be used by the asset manager’s fixed income division

Hedge fund Qube Research searches Dubai for its next top trader

The firm is running an internship programme in the emirate

2 min read

UBS hires Morgan Stanley banker Guarino to lead ECM syndicate in Europe

The Swiss bank has been bolstering its equity underwriting team since the acquisition of Credit Suisse in 2023

2 min read

Jefferies associate Carter McIntosh death down to ‘toxic effects’ of fentanyl and cocaine

The junior banker’s death had sparked fresh anger about working hours

2 min read

Citi hires JPMorgan veteran for wealth business

Russell Budnick joins Citi Wealth as global head of capital markets

1 min read