https://images.fnlondon.com/im-40268291?size=1.5

Professional Services Correspondent

https://images.fnlondon.com/im-40268291?width=1280&size=1.501

BDO’s average partner pay rose 12% to £681,000 in the year ended 5 July 2024 as the professional services firm hit the £1bn revenue mark for the first time.

BDO’s audit business saw revenue grow 8% to £433m, while its tax business rose 7% to £241m. 

Average profits at the accountancy firm rebound after major investment

Edin Imsirovic

C-Suite

Investing

UniCredit hikes Commerzbank stake to 28% as CEO Orcel ups ambitions

Alantra strips out 20 managing directors in investment bank business shift 

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

https://images.fnlondon.com/im-52085931?size=1.5

Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

https://images.fnlondon.com/im-92579329?size=1.52

Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Activist Investor Palliser Capital Widens Call for Review of Rio Tinto’s Dual-Listing Status

In a 12-hour social-media barrage, the world’s richest man led a rebellion against a bill aimed at keeping the government funded.

Musk Draws First Blood With Spending Bill Bombshell 

Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

By Annie Linskey, Rebecca Ballhaus, Emily Glazer and Siobhan Hughes

How the White House Functioned With a Diminished Biden in Charge

Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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

https://www.wsj.com?type=allesseh_content_full_list

https://ace.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

BDO partner pay jumps 12% to £681,000

Financial News