News
Stifel cutting London jobs in European shift away from equities
The US investment bank is moving towards an “advisory-led” business in Europe
2 min read
DWS chief says US tariffs have prompted ‘repatriation’ of client assets to Europe
Stefan Hoops says asset manager is in ‘a strong position’ to benefit from the shift of capital from US to Europe
2 min read
PJT Partners’ dealmaking revenue stays steady at $325m
Boutique bank sticks to its full-year outlook, despite Trump tariff impact
2 min read
HSBC names new CEO for Europe, UK fund management business
Thorsten Michalik takes on oversight of asset management business in the UK, Europe and Americas
1 min read
Clifford Chance promotes 31 new partners in expanded round
Magic Circle law firm adds 12 partners in London
2 min read
Singer Capital Markets taps Davy dealmakers to lead investment banking
City broker shakes up investment banking roles after review of business
2 min read
Deutsche Bank fixed income traders push investment bank to 10% gain
The German lender’s fixed income traders posted a record quarter, while its dealmakers were down 8%
2 min read
HSBC books $200m in severance costs after shuttering some investment banking teams
The bank beat analyst expectations with $9.5bn in pre-tax profit
3 min read
Fund groups urged to ‘reinvent’ themselves after stock markets boost revenue growth
Assets and revenue climbed in 2024 thanks to soaring markets
3 min read
Sidley hires Weil funds partner trio in London
Weil’s global funds co-head leads team to rival US law firm in London
2 min read
Ex-Millennium portfolio manager joins crypto hedge fund Fasanara Digital
Jerome Busca, who most recently worked at JB Quantitative Solutions, has joined Fasanara Digital’s London office
1 min read
JPMorgan hikes bonuses for top UK investment bankers to $974k
The Wall Street bank increased average payouts to key UK employees by 19% last year
An audience with Bryan Corbett: ‘It’s important that companies have the ability to go public’
The head of the alternative investment trade body on why private markets are booming everywhere and will survive a regulatory crackdown
Could the shunned US dollar hurt Wall Street? Don’t hold your breath
The banks are unlikely to suffer if the world’s dominant currency loses its safe status
Ego clashes and power struggles: Inside the politics of co-head roles at investment banks
Investment banks are getting star dealmakers to share top jobs — not always successfully
Most Read
Argentex sold to IFX Payments after Trump tariffs spark cash crisis
The currency trading firm’s CEO has left after a rollercoaster week
2 min read
Why Cathie Wood’s ARK Invest remains bullish on Tesla despite profit and sales drop
Electric car maker’s business model is ‘going to transform’ as a result of its robotaxi service
3 min read
Euronext boss says IPO market ‘frozen’ after Trump trade war impact
‘When there is a storm out there, you don’t take the boat out of the port,’ Stéphane Boujnah tells FN
2 min read
Hedge fund Point72 offers $400,000 salary to AI engineers
The hedge fund is also offering a discretionary bonus to the chosen candidate
1 min read
Trading Places: Point72, Caxton and T Rowe Price make hires
Find out who is on the move in the City and beyond this week
2 min read
