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European investment banks’ slow decline

Investment Banking Editor

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It’s hard to imagine now that European investment banks once went toe-to-toe with their Wall Street rivals.

FN brings you this week’s top investment banking news

Paul Clarke

Banking

Schroders and Aberdeen are sticking by their investment management arms — for now

Abrdn’s humiliating U-turn prompts tough questions about its board

BP’s U-turn shows we must rethink investor stewardship

SJP hires ex-Aberdeen marketing boss Rob Sanders as chief client officer

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CEO Mark FitzPatrick continues to overhaul the wealth manager’s leadership team a year after taking the helm

Coutts’ Camilla Stowell joins Rathbones as wealth CEO

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Stowell, who survived the Nigel Farage debanking scandal, will lead Rathbones’ investment management and financial planning divisions

Ex-Credit Suisse trio joins Piper Sandler for Zurich launch

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The US bank has turned to former Credit Suisse staff to expand its European equities business

The chatbot startup has problems, but its founder doesn’t want new shareholders to be one of them.

By Rebecca Feng in Hong Kong and Raffaele Huang in Singapore 

Investors Want a Piece of DeepSeek. Its Founder Says Not Now.

The deal concludes a months-long process to find a new owner for the Danish online trading and investment provider.

Swiss Bank J. Safra Sarasin to Buy Majority Stake in Saxo Bank For $1.2 Billion

In an interview that aired Sunday, the president demurred when asked if there were reassurances he could provide to businesses seeking more clarity on tariffs.

The former central banker will officially become Canada’s new leader in the coming days and take over his country’s response to President Trump’s trade war.

Mark Carney Wins Leadership of a Canadian Liberal Party Revived by Trump

The fund took two years to build and will be active in North America, Europe and Australia.

Blackstone Raises Largest Commercial Property Debt Fund With $8 Billion Haul

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