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Investment Association picks Folgate Building for new headquarters

Fund management trade body will move to its new office in September

2 min read

HSBC shakes up investment bank with private markets and debt financing push

The UK lender is housing all of its investment banking and capital markets units in a new division

2 min read

Investment Banking

Revealed: Schroders outsources technology teams in landmark deal

Asset manager hands over in-house global technology services to UST

2 min read

Preqin duo join ranks of UK’s wealthiest after BlackRock buyout

Mark and Lindy O’Hare completed the £2.6bn sale of their firm in March

2 min read

EY pushes back consultant start dates again

The Big Four is trying to keep a lid on costs as demand dries up

1 min read

Trading Places: BofA banker bags Treasury role, Citi names UK private banking boss

Find out who is on the move in the City and beyond this week

2 min read

PeopleTrading PlacesOn the move
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An Audience With

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Can SJP conquer Dubai?

Catch up on the top news in wealth management this week

3 min read

newswealth managementSt James’s PlaceCitigroupBrooks MacdonaldAres

SJP wants 55 advisers in Dubai by year-end

The UK’s largest wealth manager opened its first Middle East office in 2023 and is pushing to expand

2 min read

Wintermute opens New York office, hires ex-Ripple manager to lead policy

The crypto market maker is hiring investment management and business development staff in the US

2 min read

Revealed: Government spent more than £1m on one day investment summit

The flagship event held in London’s Guildhall last October attracted business leaders from around the world, but racked up a significant bill

3 min read

Brooks Macdonald hires BlackRock executive in another leadership shakeup

Karen Charlery will join the London wealth manager as chief operating officer in June

Investment bank Cavendish puts jobs at risk amid dearth of UK IPOs

The new investment bank has pared back costs as equity capital markets activity has remained low

Standard Chartered looks to hire 25 sponsors dealmakers in investment bank push

The UK lender has outlined plans to bolster returns from financial institutions

European bank stocks have thrived. But shadows loom

Shares are up by a third this year, aided by the advance of the euro against the dollar. But with the ECB loosening and US tariffs a major uncertainty, the way ahead could be more difficult

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On the Move

On the Move

New SJP boss James Rainbow scoops £2m share award after giving up Schroders deal

Chief executive of SJP Wealth Management will have to stick with the firm for three years to collect over 200,000 vesting shares

2 min read

newswealth managementSchrodersSt James’s Place

TP ICAP boss secures £2m pay package boost despite proxy criticism

City broker hands bigger pay deal to long-serving CEO Nicolas Breteau

3 min read

Euronext posts record trading volumes amid tariff-driven volatility

Euronext posts revenue jump driven by ‘exceptional market volatility’

1 min read

Freshfields eyes non-equity partner switch in battle for talent

Magic Circle law firm mulls major partnership overhaul amid competition with US rivals

3 min read

FN Law

FN Law