News
Morgan Stanley promotes Bastock and Perry to lead UK corporate broking
The changes mean that Andrew Foster moves into a chairman role
2 min read
Travers Smith launches in Brussels, closes in Paris
City law firm shuffles European operations
1 min read
UniCredit receives ECB approval to up Commerzbank stake to 29.9%
The Italian lender said that it would take more time, and more approvals, to convert its derivatives investments into stock
2 min read
Deutsche Bank reviewing its Canary Wharf office, set to shift Numis staff to City HQ
The German lender could vacate its office in the Docklands financial district when its lease expires in 2028
2 min read
Trading Places: Deutsche’s investment bank head comes out of retirement, Piper Sandler picks Credit Suisse trio
Find out who is on the move in the City and beyond this week
2 min read
Citi, HSBC, Morgan Stanley bond-rigging probe sets regulator back £5m
Competition and Markets Authority ploughs 115,000 man hours into cartel investigation after traders colluded in Bloomberg chatrooms
2 min read
Will the Big Four reshape US law?
KPMG’s recent US legal launch could be the start of a wave of change
5 min read
UBS shifts hybrid working rules, asks staff to be in the office on Monday or Friday
The Swiss bank has tightened its remote working policies as firms increasingly ask employees to spend more time in the office
2 min read
Aberdeen’s CEO has a turnaround plan, and a private credit boss warns ‘don’t screw it’
This week’s asset management news, all in one place
3 min read
SJP’s comms catch and an IFA accounts blunder: FN wealth this week
Catch up on the top news in wealth management this week
3 min read
Jain Global hits 300 staff with BlueCrest, Schonfeld hires
Bobby Jain’s new hedge fund is bolstering its team as it looks to put $5bn to work
2 min read
Ex-Aberdeen brand boss: Abrdn name ‘was clearly problematic’
Simon Bailey says asset manager had four-month window to come up with a name after selling the Standard Life brand to Phoenix Group
Bridgepoint ramps up fundraising ambitions as flagship launch beckons
Fundraising blitz comes after the firm raised €7.8bn in 2024
Deutsche Bank top investment banker bonuses jump 50% as ranks of millionaires swells
The German lender paid more than 600 key employees average bonuses of €965,000 as investment bank revenue increased
Impax general counsel and strategy head exit as 30 staff axed
Job cuts have fallen across the business, insiders say
Most Read
LCM boss warns private credit firms: Don’t ‘screw it’ for everyone else
Paul Burdell fears ‘aggressive leverage’ and says the industry has not yet been ‘truly tested’
3 min read
Artemis names ex-Man GLG boss Johnston as next CEO
Teun Johnston will take over from Mark Murray, who leaves in the summer after 28 years with the fund house
1 min read
Will AI take your law firm job?
Catch up on this week’s top legal news
3 min read
AI won’t lead to ‘significant reduction’ in lawyers, says Simmons & Simmons boss
Simmons & Simmons senior partner Julian Taylor is ‘optimistic’ about the impact of technology on law firms
2 min read
FCA scraps plans for diversity and inclusion rules
Regulator’s U-turn comes as companies shift their stance on DEI
3 min read
