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Key politicians for the City as well as financial services leaders are beginning to reveal which candidates they are backing

Online Editor

Influential politicians for the City are lining up alongside top financiers in a bid to sway the Conservative Party leadership race in favour of their candidates.

The ballot of Conservative Party members will close at 5pm on 2 September. The new prime minister will be revealed on 5 September when MPs return to Westminster from their summer recess.

Sunak-Truss battle for PM: See how the City is split as the clock starts on the leadership vote

Sunak and Truss jostle for position with City influencers as the clock starts on leadership vote

Justin Cash

Barclays

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SJP’s rollercoaster year, Evelyn’s takeover: FN’s top wealth management stories of 2024

HSBC names John Shipman interim CEO of Swiss private bank

BlackRock plans more private markets funds for wealthy investors

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

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Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

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

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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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d5NZk1rsBDdtwpaU2dOs7KYptNZXt/mpwarN7rviGCwsh2MJ4jEjytOiL+c6UXuQZxCmBQJlV3aHol+lM/TKIh7i2zinFSbSVJYz6UYQDuonPndjXHRHbbmWw3e1667rq+FakHBcMqLDs504kOjQcvQtAeZnwz2Y9vOEQk/mthnigA1KsAlE/chcoFMz/l9WBbiX0xvyleKaGpcYEdlCTjKpY6UVToX41ekI7U4gNaBfmAhPmpM5Umd1YugEAUroRxBG3mLiMp7hXaH4XYiPV7YoMOecaAvevkz5NKXgqXZikIO3waitxbijele8PcWxovCjTBYuYD896r4Qd5gh20XxBedTDpgUI3L3DEr950DYGYVH2MMbouq3+6NNIYZjb3yRFXrGJQQvGZfHNnw61LNS32qti64sKPu9qKI9Knw7NLhsJBHyuQaxRfyCBxAHMr5QcSt5QpQ8m9toP6wfoVSU4u1su90Jlg==

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