City of london

Davis Polk hires A&O Shearman private equity partner

US law firm makes second hire this year in London

1 min read

Moving out of Canary Wharf and into the City puts firms in close proximity to clients in high-growth sectors like private equity, hedge funds and fintech

Canary Wharf vs The City: Old school revival as docklands’ appeal wanes

While HSBC’s exit is the most high profile to date, the gradual bleed out of Canary Wharf has swelled in recent years

3 min read

Lord Mayor: Plug the late-stage VC funding gap to bolster City’s capital markets

Financial News’ Jeremy Chan spoke with the Lord Mayor about his push for a £50bn investment fund, keeping London among the world's top finance hubs, and his role in the historic coronation of King Charles

7 min read

Sue Knowler, the manager of Sweetings (pictured) whose family has owned the restaurant for more than 20 years, says the number of customers today is roughly 80% of what it was pre-pandemic

Train strikes, soaring gas bills and poor footfall hit City restaurateurs: ‘It’s simply unsustainable’

Covid lockdowns, the mass shift to homeworking and the train strikes have dealt repeated blows to the Square Mile’s hospitality industry

5 min read

Lionel Messi of Argentina celebrates after winning the FIFA World Cup in Qatar

Qatar among three Middle East advertisers banned by TFL after LGBT crackdown

Exclusive figures show the transport agency still allowed five Qatari campaigns, despite a recent policy of vetting ads linked to countries that have the death penalty for homosexuality

2 min read

Keaveny says recent events like the mini-budget have demonstrated the importance of the fundamentals, like rule of law and a deep talent pool that has made London a global financial centre

Lord Mayor Vincent Keaveny on proclaiming the new King, and where next for the City

As he prepares to step down, two monarchs and three prime ministers have marked Keaveny’s one-year tenure as Lord Mayor of the City of London

6 min read

Chris Woolard emerged from his seven-month stint leading the UK’s markets watchdog with no regrets and plenty of opinions

Ex-FCA boss Woolard: ‘It’s fanciful to think there’ll be radical post-Brexit reforms’

Five years on from the Brexit vote, the Financial Conduct Authority’s former caretaker boss outlines how the City can best capitalise on Brexit

8 min read

Lord Mayor of the City of London William Russell toasts the reopening

The City reopens: Damp squib or Big Bang?

Our correspondent tours the Square Mile as restrictions are lifted

5 min read

A businessman speaks on a mobile phone as he walks in the financial district of the City of London

Whistleblowing cases plunge in pandemic as workers ‘lack faith in the system’

The ‘significant’ drop in whistleblowing cases reflected a lack of trust among financial services workers

4 min read

The agreed terms for future financial services interaction between the UK and the EU is expected to mirror an existing framework between the EU and the US

UK and EU agree Brexit deal for financial services

Final agreement is expected to mirror an existing framework between the EU and the US

London-based banks prepping for Brexit have failed to fulfil reservations for hundreds of Frankfurt school places

Banks booked hundreds of Frankfurt school spots for Brexit, but never showed up

Senior staff at three international schools in Frankfurt told Financial News that they had since seen no Brexit-linked influx

London Stock Exchange Group reports £2.1bn total revenue for 2020

The Group also posted a final dividend of 51.7p

The prime minister's office in February complained about the bloc’s unwillingness so far to grant the UK equivalence

EU finance deal seen following US model in blow to Brexit optimists

Lobbyists in the City with knowledge of the talks are sceptical — calling such a model the 'lowest possible version' of a future UK-EU framework

4 min read

We need to do more to attract IPOs to London

We can't afford to be complacent, says William Russell, Lord Mayor of the City of London, and Charlotte Crosswell, chief executive of Innovate Finance

5 min read

Signal has seen a sharp rise in users after WhatsApp announced a controversial policy update

Signal sees ‘record pace’ of new users as WhatsApp goes ahead with controversial privacy update

A new set of terms and conditions from WhatsApp are set to come into effect on 15 May despite backlash

3 min read

State-of-the-art building 1 Leadenhall is to become the new home of US law firm Latham & Watkins

Latham & Watkins moves into 1 Leadenhall

Move comes as Brookfield boss says workers will return when pandemic is over

2 min read