News
LSEG reviewing ‘a lot’ of M&A opportunities, chief says
David Schwimmer says ’more realistic value expectations’ could help deals
2 min read
Who owns the UK’s wealth managers?
Star manager Nick Train has bet big on the sector, while Norway’s sovereign wealth fund and Scottish group Baillie Gifford have stakes in wealth giant SJP
4 min read
Freshfields hires third Paul Hastings infrastructure partner in London
Magic Circle law firm boosts London finance team
1 min read
HSBC starts search for new chair as Mark Tucker to step down
The chair has been in place since September 2017
1 min read
Rob Citrone’s Discovery Capital gains 6% in April
The $2.5bn hedge fund was up 52% in 2024
1 min read
Former HSBC investment bank boss Guyett quits to join EBRD
The executive is the latest senior departure from the UK lender
2 min read
UBS hires Barclays banker Quezada for ‘one bank’ cross-selling push
The M&A veteran will join UBS’s unified global banking unit in New York
1 min read
LSEG markets revenue jumps 13% on trade war volatility
Bourse owner and data seller reaffirms 2025 guidance
2 min read
Jupiter kicks off hunt for new chair
Chair of fund management group to step down later this year
1 min read
XTX Markets bets on ‘private rooms’ to boost US stock trading
London-based trader talks up potential for Wall Street’s new ‘dark’ venues
4 min read
Inside RLAM’s private markets push: ‘We’re not trying to build a monster’
RLAM’s head of private markets says London-based group has time on its side compared to larger competitors
3 min read
Magic Circle partner promotions inch up, but total down on recent years
Catch up on this week’s top legal news
Bank of America ups cap on bonuses for top UK employees to 10 times salary
The US bank has joined Wall Street rivals by scrapping a long-standing cap on bonuses for key UK staff
European banks notch $5.5bn in Trump stock trading boost
Trading windfall set to continue in second quarter as tariffs rattle markets
FCA scraps SDR rollout for wealth managers
Watchdog leaves portfolio managers in limbo after indefinitely postponing SDR
Most Read
Barclays CEO says diversity commitment ‘unwavering’ despite scrapping US goals
The UK lender followed some rivals by scrapping formal diversity targets in the US
1 min read
Aberdeen blames single Phoenix mandate for £5.2bn outflows in first quarter
The results come after Aberdeen said at the start of March that it was ditching the much-derided Abrdn brand
3 min read
Barclays investment bank profit jumps 28% on trading gains
The UK lender has followed rivals by posting sharp increases in trading revenue as US president Donald Trump’s policies have led to market swings
2 min read
SocGen stock traders join Trump-fuelled boom with record quarter
French bank’s profit beats estimates, helped by bumper markets revenue
2 min read
UBS traders fuel 30% increase in investment bank revenue on volatility gains
The Swiss bank has followed Wall Street rivals with a sharp rise in trading fees, but dealmaking is down 19%
3 min read
