News
JPMorgan promotes senior private banker Folarin Oyeleye to head of Emea lending
A shake-up of the Wall Street firm’s UK private banking team continues
2 min read
Etrading Software wins race to provide UK bond consolidated tape
London-based fintech wins £4m contract from Financial Conduct Authority
2 min read
Sullivan & Cromwell bolsters London office with two partners
The elite US law firm has added restructuring and private equity heavyweights from Kirkland and Weil as it expands its London team
2 min read
Hedge fund Dymon Asia ups gains to 12%
Dymon Asia’s multi-strategy fund, which manages $3.5bn, rose again in August
2 min read
Nomura hires Barclays’ Zorzoli to lead global markets sales in Europe
Nomura relocates Emea head of public side sales to Dubai as Filippo Zorzoli joins
2 min read
Houlihan Lokey hires UBS banker Galfetti to boost secondaries coverage
The use of so-called continuation funds has grown in recent years, with banks pushing for advisory roles
1 min read
Private equity firms in talks with audit watchdog over more takeovers
At least six audit firms have approached the FRC about the possibility of a change in capital structure over the past two years, FN can reveal
3 min read
Record number of graduates apply to be Wall Street bankers
The top US firms received a record number of applications for their internship programmes in 2025, even as the number of vacancies has ticked down
2 min read
Banks eye prime brokerage gains after tariffs drive $15bn haul
US president Donald Trump’s ‘Liberation Day’ triggered market swings that helped to increase the sector’s revenue by 20% in the first half of the year
7 min read
Vanguard backed no environmental and social proposals this year in the US
The world’s second-largest asset manager did not support any of the 261 shareholder proposals on environmental or social measures it assessed
2 min read
After ANZ’s accidental email layoffs, a brief history of banks’ firing gaffs
Investment banks roll out job cuts regularly, but they’re not always handled sensitively
4 min read
Citi promotes London trio in European equities push
US bank appoints co-heads of electronic execution in Europe
Slaughter and May parts ways with corporate partner duo
The Magic Circle law firm has been hit by a rare double partner exit
Pictet’s assets slide but cost-cutting delivers profit boost
Swiss private bank said assets under management dropped 2% from the end of December
Trading Places: Citi hires co-head of European DCM, BancTrust’s finance chief departs
Find out who is on the move in the City and beyond this week
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RBC Capital Markets moves New York dealmaker Kretschmer to London
The Canadian lender is bolstering its coverage of industrials in Europe
1 min read
Five more rate-rigging convictions may be ‘unsafe’ after Tom Hayes ruling, SFO says
Prosecutor says jury directions criticised by Supreme Court may also apply to other ex-traders’ cases
2 min read
Tax bank profits to raise £8bn per year, says think tank
The IPPR wants the government to use the Autumn Budget to bring in a new levy
2 min read
Fenchurch hires Barclays veteran Chawla to co-head US operations
The London-based boutique has taken on a key dealmaker from Barclays
1 min read
Big font and snail mail: August’s diary
FN tours the lighter side of the City
2 min read
