News
10,000 Interns Foundation hits back at racism claims by ex-Reform MP
The diversity organisation said it ‘will not waver’ after criticism of its Black barrister internship scheme
3 min read
Can private equity run law firms better?
Buyout bosses say the lure of equity partnership isn’t as strong as it once was, and fee-earners don’t want to get bogged down overseeing finance and technology
3 min read
NatWest ropes in Lazard for sale of pension business Cushon
The bank has turned to a longstanding adviser to help offload the workplace savings firm
2 min read
Why Eisler Capital’s shutdown was always on the cards
Hundreds of millions of dollars in costs made it difficult for the multi-strategy hedge fund to keep going, insiders say
2 min read
Trading Places: All change in Schroders’ wealth team, Brevan Howard’s BlueCrest poach
Find out who is on the move in the City and beyond this week
2 min read
FCA unveils ‘elevator pitch’ in bid to silence critics
Watchdog overhauls communications strategy in bid to show true value of regulation
4 min read
EU bond tape might not launch until 2027 as regulator warns of delay
UK efforts to create a golden source of trading data have also been slowed down, following a legal challenge
3 min read
Why City firms can’t ignore employee burnout
Financial services now faces a reckoning as more professionals report chronic stress, disengagement and emotional exhaustion
4 min read
PAI Partners closes second continuation fund for ice cream maker Froneri
The private equity house, which owns around 50% of Froneri, is moving its stake to a new single-asset continuation vehicle led by Goldman Sachs Alternatives
1 min read
Rathbones reborn
Catch up on the top news in wealth management this week
3 min read
The ‘take it or leave it’ approach to private markets data
Catch up on this week’s asset management news
3 min read
Schroders bulks out wealth team with ex-Citi, HSBC, Credit Suisse hires
Ex- JPMorgan UK private banking boss Oliver Gregson has rounded off a new senior team amid a growth push
Grant Thornton buyout battle reaches Australia
‘All options remain on the table’: Grant Thornton Australia drafts in advisers from Greenhill to help weigh up approaches from investors
Lloyds and Schroders to scrap UK wealth joint venture
Schroders Personal Wealth has struggled to grow assets despite its ambition to become a top financial planning business in five years
Private markets boom sparks sharp rise in data fees
Some finance groups have seen data vendors increase fees by as much as 40%, according to Substantive Research
FCA asks two trading firms to improve algorithmic controls after review
Regulator steps up scrutiny of high-speed traders as sector grows
2 min read
LGT Wealth Management CEO Ben Snee to step down
Heinrich Henckel, former CEO of LGT Bank Switzerland, will take the reins in 2026
2 min read
RIP Nutmeg: What next for JPMorgan’s wealth play?
JPMorgan’s decision to shelve the digital wealth manager brand was always a matter of when, not if
4 min read
Why Paul Weiss is focusing on home-grown talent
Catch up on this week’s top legal news
3 min read
North Rock hires ex-Millennium money manager Ben Scarlett
Scarlett has joined North Rock’s London office after leaving Izzy Englander’s hedge fund in May
1 min read
