News
Mizuho acquires boutique Augusta & Co in clean energy push
The Japanese bank is expanding its dealmaking arm
2 min read
Marex agrees to buy Winterflood Securities from Close Brothers
Marex snaps up UK broker in £104m deal
1 min read
Moelis plans ‘very aggressive’ push into private capital after hiring spree
The boutique investment bank has seen compensation costs swell 27%
2 min read
Why wealth firms are flocking to ‘buzzing Milan’
Catch up on this week’s wealth management news
1 min read
L&G’s new approach to stewardship and DWS staff eye Abu Dhabi move
Catch up on all this week’s asset management news
3 min read
Ex-Jefferies trader Zeng launching $70m crypto hedge fund
Tian Zeng’s Third Eye will start trading on 1 August
2 min read
Lazard raises minimum deal fee, hires 14 MDs in productivity push
The independent investment bank unveiled a 21% uptick in financial advisory revenue despite an M&A slowdown
3 min read
UBS promotes Mercier in top UK wealth role after earlier reshuffle
The Swiss bank has seen a number of departures in its UK wealth division in recent months
1 min read
L&G says companies are pushing forward with net zero, despite ESG backlash
UK’s largest asset manager identified fewer companies this year where it could have taking voting action over slow progress on climate-related issues
4 min read
‘I’m already up $45,000 in about an hour’ — Reddit traders boast about wins as meme-stock mania returns
Krispy Kreme, GoPro and others have joined Opendoor and Kohl’s in the latest meme-stock rally, but traders have needed to move quickly to lock in gains
5 min read
BNP Paribas fixed income trading jumps 26% as equities slide
Th French bank has posted a bounce in fixed income fees, but equities revenue dropped 15%
2 min read
Deutsche Bank’s dealmaking fees slip 29%, as fixed income traders shine
The German lender has posted a steep decline in dealmaking fees after Wall Street rivals’ revenue held up
Goldman Sachs decides against job cuts after profit surge in second quarter
The Wall Street bank is not cutting jobs in September after it beat analyst expectations during the second quarter
Wealth firms, private banks giddy about Italian onshore push: ‘Milan is buzzing’
Julius Baer and Ares Management are among firms that have established a presence in Milan this year to tap into the booming wealth market
Tom Hayes ‘always believed’ he would beat Libor rigging conviction
The former City trader says others convicted of rate rigging should also have their rulings overturned
Most Read
Barclays hires Deutsche Numis co-CEO Ham in dealmaking push
The UK lender is looking to bolster its advisory and ECM fees
2 min read
RBC Capital Markets hires Herrera to lead Benelux investment banking
The Canadian bank has been bolstering its European investment banking team
1 min read
Clifford Chance open to M&A and private equity investment, says boss
Catch up on this week’s top legal news
4 min read
Clifford Chance partner pay edges up following US growth
Strong growth in the US and Middle East drove a 9% revenue increase at the Magic Circle law firm
3 min read
Tom Hayes’ Libor conviction quashed by Supreme Court
Ex-UBS and Citigroup trader has spent a decade trying to clear his name
3 min read
