News
Is the UK too late with its retail crypto overhaul?
Catch up on all this week’s asset management news
2 min read
BlackRock eyes $400bn in private markets fundraising, doubling of market cap by 2030
World’s largest asset manager also wants to increase revenue to more than $35bn by the end of the decade
2 min read
EY faces protest over cuts to cleaning staff
Consulting giant under fire over pay and resources
2 min read
UBS UK high net worth boss Chris Oliver resigns
Global family office boss Michel Frey to take on new City role
1 min read
UK wealth firm Saltus distances itself from faked Telegraph banker sob story
The wealth manager was namechecked in a now-deleted story about an investment banker who couldn’t afford five holidays after Labour’s private school tax raid
4 min read
Why the FCA’s ETP overhaul won’t unlock UK crypto
Europe has already pulled ahead of the UK as it opens up more crypto products to retail investors
4 min read
LSEG hires former JPMorgan executive to run swap clearing
Nick Rustad joins the bourse owner to oversee its lucrative SwapClear business
2 min read
Deutsche Bank CEO: Bond trading will offset weaker dealmaking in Q2
The German lender’s chief executive said investment bank revenue would be stable despite weaker dealmaking fees
2 min read
KPMG fined over Carr’s Group audit
Accounting watchdog slaps Big Four beancounter and partner with sanctions
2 min read
Why Brookfield is sending its investments to private school
The asset management giant has made an $825m investment into Spring Education Group, according to people familiar with the matter
3 min read
Qube Research hunts for crypto quants to work weekends
The hedge fund wants a London trader to tackle the crypto markets on Saturdays and Sundays
2 min read
London IPO advisers eye 2026 rebound as stock market shrinks
Insurer Canopius is among those said to push back its hopes of a major float
Philip Hammond named chair of Ventura Capital advisory board
Ex-UK chancellor Hammond takes role at tech investor
Ex-Rokos Capital partner Luke Sadrian joins Fulcrum Asset Management
The commodities expert has joined Fulcrum’s London office
UBS sees dealmaking fees falling by mid to high teens in second quarter
The firm’s chief financial officer said that the decline in fees will fall in line with the wider market
SFO fesses up over case reviews
Catch up on this week’s top legal news
2 min read
Argentex investors approve sale to IFX as chair slams ‘multiple serious failings’
The FX broker has secured a rescue deal after competing proposals were tabled
3 min read
Failed fintech Zing lost $87m before HSBC axed it
The UK bank shut down its international money transfer app just a year after launch
3 min read
Citi, Morgan Stanley execs point to M&A bounce after tariff chaos
Wall Street bank execs say that after a pause in deals, sentiment has picked up again
3 min read
FCA warned four staff about sending confidential information to personal emails
The City watchdog issued warnings after a number of employees breached its policies
2 min read
