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EY, NatWest, Accenture and Zurich UK are among other finance companies that have cancelled their CBI membership

Asset Management Correspondent

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The trade body representing the UK’s £10tn asset management sector has dropped its membership of the Confederation of British Industry — the latest high-profile City organisation to sever ties with the embattled business lobby group.

UK’s Investment Association pulls CBI membership

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Citigroup’s co-head of Iberia Revuelta to depart the US bank 

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

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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

Donald Trump has transferred all 114.75 million of his shares in Trump Media & Technology, Truth Social’s parent company, to a revocable trust in his control.

Trump Transfers Entire $4 Billion Truth Social Stake to His Revocable Trust

Experts at leading brokerages say they are hewing closer to the official government line in response to signs of tighter monitoring.

China Tells Chief Economists: Be Positive, or Else

Forget the conference room with HR. Some companies, including GM, are cutting out human contact altogether when eliminating jobs.

When the Pink Slip Comes Via Text and Email

Hiring good people for compliance departments is getting harder as young professionals increasingly gravitate toward business careers with more curb appeal.

Compliance Wants to Go From Back-Office-Boring to Front-of-Mind Career Path

Asset managers hoping to seize on the momentum of bitcoin funds are jockeying to put smaller tokens into exchange-traded funds.

Bitcoin Went Mainstream in 2024. Are Ether, Solana and Other Risky Tokens Next? 

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