Article Archive | Financial News London

July 2023

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Article Archive

July 12th, 2023

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Odey fund stays shut to investors one month on

By Kristen McGachey

2023-07-12T15:44:00Z

2 min read

Hedge Funds Odey Asset Management Crispin Odey

ACD says 'it would currently not be possible for the fund to be managed in line with its investment objectives' after a host of claims against Odey AM's founder sparked liquidity issues

Inside the City’s uphill battle to monitor staff messages

2023-07-12T13:00:00Z

5 min read

SEC Investment Banking Fintech Technology Legal Services Regulation Whatsapp

Compliance teams are trying to monitor staff, but traders are finding ways around the rules

Cathie Wood’s ARK sells down Coinbase stake as bitcoin ETF hopes drive rally

2023-07-12T12:47:00Z

1 min read

Cathie Wood Crypto Fintech Technology Coinbase ARK

UBS unveils markets leadership team, delays promotions as Credit Suisse integration continues

2023-07-12T11:12:00Z

4 min read

Credit Suisse Investment Banking UBS

Bank says it wants to 'avoid prolonged periods of uncertainty' as merger progresses

Fund boss Alastair King chosen as next Lord Mayor

By Jeremy Chan and James Booth

2023-07-12T10:45:00Z

3 min read

City of London Corporation

King will move in to Mansion House after winning a secretive vote

UK law’s profit surge slows as M&A drought drags on boom years

2023-07-12T09:51:00Z

2 min read

Ashurst Legal Services Professional services

'Unless you are growing at 10% you are going backwards'

Citigroup CEO Jane Fraser lays out AI plans

2023-07-12T07:41:00Z

2 min read

Citigroup Jane Fraser Investment Banking Deutsche Bank JPMorgan

Citigroup boss Fraser says the risks of not embracing AI outweigh the risks of using it

The future of London: Sign up for FN’s free webinar now

2023-07-12T06:17:00Z

1 min read

Webcasts Brexit Politics Pensions

Tune in to hear some of the City's biggest names debate London's direction on 20 July at 5pm GMT

Alvarez & Marsal hires from KPMG for new UK corporate finance team

2023-07-12T04:01:00Z

1 min read

Accountancy Alvarez & Marsal People KPMG On the move

Alvarez & Marsal has poached from the Big Four firm again

Abu Dhabi in talks to attract 30 global hedge funds

2023-07-12T04:01:00Z

2 min read

Hedge Funds People Abu Dhabi

Chief of market development says pipeline of potential entrants remains hot on the heels of Brevan Howard and Florin Court