News
Banks had a blistering rally. Earnings are the next test
The stocks have surged to prices that may give them little room for error as investors evaluate the results
3 min read
VTB Capital shells out £3.3m on 12 UK employees in 2025
The Russian bank’s wind-down in London is set to continue until 2029
2 min read
Fund groups reach ‘tipping point’ over investment research costs
Almost 90% of asset managers polled by Substantive Research expect at least half of all investment research budgets will become client funded
3 min read
Investment Association names State Street’s Ann Prendergast as new chair
The head of State Street Investment Management’s business in Emea will take over the role from JPMorgan’s Patrick Thomson in September
2 min read
Coutts plots growth push with JPMorgan private bankers
Catch up on the top news in wealth management this week
4 min read
Simpson Thacher names co-heads of European M&A
The New York law firm has appointed two London partners to lead its M&A team in Europe
2 min read
Coutts raids JPMorgan’s private bank for CFO hire
Betsy Munro is the second senior private banker the NatWest-owned wealth firm has poached from the Wall Street firm this week
1 min read
Deutsche Börse to return banking licences in regulatory shake-up
Germany’s biggest exchange operator pushes for more efficiency
2 min read
Neil Woodford: UK stock market is ‘dying before our eyes’
Former star fund manager says UK is an ‘outlier’ compared to other countries, where pension funds have a much larger allocation to domestic companies
5 min read
L&G partners with Blackstone for US private credit push
UK-listed group will work with alternatives giant to bolster its private credit capabilities
2 min read
Deloitte and Azets probed over collapsed fintech Stenn
Trade finance firm Stenn went bust in 2024 after a lender identified suspicious transactions
1 min read
Jupiter strikes £100m deal to acquire CCLA
Acquisition of the charity investment manager is the latest to be agreed under chief executive Matthew Beesley
UBS names new US ECM head in leadership reshuffle
The Swiss bank has hired two senior bankers and named new leaders of the unit in the Americas
Citigroup bolsters European leveraged finance with Deutsche Bank hire
The US bank has hired a senior dealmaker in leveraged finance as it aims for more work from private equity firms
Most Read
M&A lawyers optimistic on dealmaking bounce: ‘It has definitely picked up’
City lawyers are seeing green shoots of recovery in M&A activity after tariff-induced uncertainty led to a slowdown in deals
3 min read
Fashion founder blasts Mayfair Equity over maternity brand’s collapse
Private equity owner of Seraphine has come under fire from entrepreneur over decision to list the business four years ago
3 min read
Goldman Sachs to ask analysts to pledge loyalty as private equity firms circle
The US bank is looking to stave of interest in its young recruits from private equity firms
1 min read
Here’s how Graham Capital, North Rock performed in first half of 2025
Global hedge funds recovered in June after a tough start to the year
2 min read
Aviva Investors weighs up entry into active ETFs
The insurer-owned fund group becomes the latest to consider joining Europe’s fiercely competitive ETF sector
2 min read
