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The Big Four accountancy firms are cutting costs and jobs in response to a slowdown in demand

Professional Services Correspondent

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Deloitte has embarked on a major internal restructure to cut costs amid a sluggish market for major consultancy businesses.

Deloitte launches major restructure to cut costs

James Booth

Business

C-Suite

Morgan Stanley set to shift some London compliance roles to Glasgow

EY faces protest over cuts to cleaning staff

UBS UK high net worth boss Chris Oliver resigns

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Global family office boss Michel Frey to take on new City role

Philip Hammond named chair of Ventura Capital advisory board

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Ex-UK chancellor Hammond takes role at tech investor

Ex-Rokos Capital partner Luke Sadrian joins Fulcrum Asset Management 

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Ex-Rokos partner Luke Sadrian joins Fulcrum Asset Management

The commodities expert has joined Fulcrum’s London office

Junior bankers at Robert W. Baird say such long hours weren’t unusual for industrials team.

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

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