Trustees to the £420m (E672m) Hoover pension fund have retained Schroders and Phillips & Drew despite recent underperformance. While opting for a known quantity, they will keep a close eye on events.

HSBC shakes up investment bank with private markets and debt financing push

Investment bank Cavendish puts jobs at risk amid dearth of UK IPOs

Standard Chartered looks to hire 25 sponsors dealmakers in investment bank push

Trading Places: BofA banker bags Treasury role, Citi names UK private banking boss

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

S&W launches regulatory consulting business with DWF partner hire

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Andrew Jacobs joins the professional services firm with former team members to spearhead compliance push

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Relocation for the private equity tycoon would mark one of the highest-profile departures yet from the UK to a more tax-friendly jurisdiction

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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