Article Archive | Financial News London

July 2023

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Article Archive

July 31st, 2023

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31

Banker bonus cap decision pushed back to autumn

2023-07-31T16:07:00Z

3 min read

Prudential Regulation Authority Pay and Bonuses Bank of England Regulation

'Downward adjustments to variable pay should be considered'

Redemptions at Odey AM persist two months after sexual assault claims

By Kristen McGachey

2023-07-31T13:53:00Z

3 min read

Hedge Funds Odey Asset Management Crispin Odey

Pessimism has persisted despite contingency plans to transfer Odey AM’s portfolio managers and their mandates to rival firms

Morgan Stanley backtracks on hire of senior dealmaker Christl

2023-07-31T11:58:00Z

1 min read

Investment Banking People Morgan Stanley

17-year JPMorgan veteran was previously hired to co-head Morgan Stanley's consumer and retail investment banking business in Emea

Audit watchdog names new CEO as Sir Jon Thompson heads to HS2

2023-07-31T11:49:00Z

1 min read

Accountancy FRC People Professional services Regulation

Former Civil Aviation Authority head Richard Moriarty takes on 'broad and important remit' at FRC

Evercore warns of phishing recruitment scam amid hiring push

2023-07-31T11:43:00Z

2 min read

Investment Banking Evercore Partners

Evercore said it would not ask potential job-seekers for any monetary payment nor request their personal details through unofficial communication platforms

Why Wall Street isn’t cheering new capital rules

2023-07-31T06:52:00Z

3 min read

Commentary Investment Banking Regulation

Ex-Virgin Money boss Dame Jayne-Anne Gadhia sells money saving app Snoop to Vanquis

2023-07-31T06:32:00Z

2 min read

Virgin Money M&A

The City grandee has tried to shake up personal finance through open banking technology

JPMorgan’s top European bankers gear up for dealmaking rebound

2023-07-30T23:01:00Z

5 min read

Citigroup Investment Banking People JPMorgan Goldman Sachs

Conor Hillery and Dorothee Blessing said continued investment in staff is part of JPMorgan's plan to support clients

Oliver Wyman boss: ‘It’s not us coming up and McKinsey coming down… it’s us competing with BCG as well’

By Penny Sukhraj

2023-07-30T23:01:00Z

7 min read

An Audience With An audience with Oliver Wyman

Oliver Wyman CEO Nick Studer says strategic people hires are part of the firm's strategy such as the recent appointment of ex-UBS advisor Huw van Steenis

Schroders CEO urges staff to embrace AI to innovate

By David Ricketts

2023-07-31T04:01:00Z

2 min read

Schroders AI Asset Management

Schroders chief executive Peter Harrison: 'Being able to give your employees something that is really good and innovate with it is how you drive change bottom up'

Cancelled plans, night shifts and calls from the beach: How bankers and lawyers prepare for their holidays

By James Booth and Paul Clarke

2023-07-31T04:01:00Z

7 min read

Investment Banking People Asset Management

Out-of-office? A Magic Circle M&A partner said they never turned on their out-of-office message when on holiday