News
Competition watchdog faces fresh pressure over spending failures
Staffer asks politicians to investigate the antitrust watchdog
3 min read
BancTrust’s finance chief departs ahead of further London job cuts
City investment bank has lost half its management team this year
2 min read
Asset managers defy M&A slowdown
Catch up on this week’s asset management news
2 min read
Why Carlyle’s Intelliflo acquisition is a bum deal for Invesco
Catch up on the top news in wealth management this week
3 min read
How the SFO’s £3m disclosure tool fell apart
The City’s top cops are still clearing up the fallout from evidence search failures
3 min read
Global asset management M&A deals surpass $50bn for first time in a decade
LSEG, which compiled the data, says rising costs, regulatory pressures and rapid shifts in technology have contributed to asset managers seeking tie-ups
2 min read
Investment banks’ headcount holds steady after years of cuts
Front office staff numbers at the world’s biggest lenders have remained largely stable
3 min read
Is private equity coming for law firms?
Catch up on this week’s top legal news
4 min read
BNP Paribas shutters outsourced trading for external clients
French bank joins UBS in retreat from the sector
2 min read
RBC traders post 37% gain in volatile markets
The Canadian lender has reported sharp increases in revenue during the third quarter
2 min read
ECM lawyers diversify amid IPO drought
Dealmakers have filled the IPO void with M&A and fundraising work as they prepare for a revival in London’s public markets
Pay slumps at Elliott’s UK office to £787,000
Wage bill falls amid a dip in profitability for the hedge fund
Investors circle sports funding platform backed by Liverpool FC legend Kenny Dalglish
Keeps is looking to raise cash to shake up how fans buy in to their clubs
Citigroup hires ex-JPMorgan banker Cascarino in debt capital markets reshuffle
The US investment bank has named new leaders of its DCM team in Europe
XTX Markets’ top quants share £600m profit pool
Algorithmic trading firm splits record profit among LLP members
2 min read
FCA approves London Stock Exchange as first Pisces operator
The City regulator is gearing up for a new private share trading platform later this year
2 min read
Private equity bosses speak out on UK wealth exodus: ‘It will take some time to reverse this’
Well-heeled executives are quitting Britain for more lenient tax jurisdictions such as Italy and Dubai, creating a headache for the UK government. The trend shows no signs of stopping
7 min read
Evercore, Gibson Dunn score key roles as Carlyle gets Intelliflo deal over the line
Buyout shop confirms takeover of the UK’s top IFA practice management tool
3 min read
Grant Thornton cuts UK back-office roles in India shift
Consultancy looks to trim costs after private equity takeover
2 min read
