News
Failed fintech Zing lost $87m before HSBC axed it
The UK bank shut down its international money transfer app just a year after launch
3 min read
Citi, Morgan Stanley execs point to M&A bounce after tariff chaos
Wall Street bank execs say that after a pause in deals, sentiment has picked up again
3 min read
FCA warned four staff about sending confidential information to personal emails
The City watchdog issued warnings after a number of employees breached its policies
2 min read
Meet the newest member of private equity’s investment committee: artificial intelligence
Senior industry figures predict that AI agents will have voting rights on dealmaking decisions
2 min read
UBS hires investment banker Murphy for consumer deals
The Swiss bank has been adding senior bankers in key sectors this year
1 min read
FTSE Russell to launch private asset indices
Indexing giant teams up with StepStone in private markets push
2 min read
Rokos Capital Management extends year-to-date gain to 9.5%
The storied macro hedge fund has extended its year-to-date wins amid tough market conditions
2 min read
JPMorgan’s top private equity dealmaker Baygual exits
Baygual had been leading a push at JPMorgan to increase its coverage of private equity firms
2 min read
FCA appoints first deputy CEO
Sarah Pritchard will take on the role as the regulator’s remit expands
2 min read
FCA boss hints at further crackdown on finfluencers
Nikhil Rathi opens the door to more lawsuits against social media personalities promoting suspect financial schemes
2 min read
UK fintech bosses score £15m payday amid bumper profits
Your guide to the week’s biggest fintech stories
4 min read
Quilter Cheviot CEO Andy McGlone steps down
Ex-HSBC private banking executive John Goddard to take the reins of wealth manager
FCA scales back disclosure requirements for Pisces private stock market
Policymakers are trying to create a stepping stone to a public listing
Ex-HSBC wealth boss Spring to head up Allfunds
Funds platform hires banking veteran as new chief executive
JPMorgan internal memo shows morale took a hit on return to office
The results of the bank’s latest internal opinion survey showed fewer employees than last year say they view their health and well-being as a corporate priority
Newton IM’s equity income head Jim Lydotes set to depart
Lydotes, who is also deputy CIO for equities, is the latest high-profile exit from the BNY-owned fund group
1 min read
Barclays set to cut 200 investment bank jobs in cost reduction plan
The UK bank is trying to up its competition with Wall Street giants
2 min read
Jain Global’s UK entity reports £56.8m in revenue
Bobby Jain’s new firm made millions as it got off the ground, according to accounts
2 min read
Private equity firm swoops for Argentex ahead of emergency sale vote
Dutch investor makes last-minute proposal for embattled FX broker
3 min read
Dozens of SFO cases face potential legal challenge after software failures
Prosecutor forced to reveal extent of disclosure review after FN wins transparency battle
4 min read
