News

Paul Weiss hires two A&O Shearman partners in London growth push

New York law firm raids Magic Circle rival in London

2 min read

FCA confirms payments and digital finance boss

David Geale named permanent head of payments and digital finance

2 min read

BlackRock orders managing directors back to office five days a week

Move comes after US asset manager tightened its working from home policy in 2023

1 min read

Houlihan Lokey CEO says deal flow ‘resilient’ in face of Trump tariff volatility

The mid-market boss said that both pitches and deals are moving at a ‘pretty normal rate’

2 min read

Banker bonuses expected to slump 20% as tariff chaos hits deals

Trader payouts are predicted to surge as banks cut bonuses for investment bankers

3 min read

Lloyd’s of London appoints new CEO

The insurance market has picked an internal candidate for the top job

1 min read

Rathbones’ assets fell 5% to £104bn ahead of tariff turmoil

Chief executive Paul Stockton hints at further cost cuts amid heightened market volatility

2 min read

Aviva Investors creates investment engineering team to assist AI push

New team is leading development of an in-house tool dubbed OptiFI, which will be used by the asset manager’s fixed income division

3 min read

Hedge fund Qube Research searches Dubai for its next top trader

The firm is running an internship programme in the emirate

UBS hires Morgan Stanley banker Guarino to lead ECM syndicate in Europe

The Swiss bank has been bolstering its equity underwriting team since the acquisition of Credit Suisse in 2023

Jefferies associate Carter McIntosh death down to ‘toxic effects’ of fentanyl and cocaine

The junior banker’s death had sparked fresh anger about working hours

Citi hires JPMorgan veteran for wealth business

Russell Budnick joins Citi Wealth as global head of capital markets

Barclays hikes CEO’s maximum pay to £14.3m

Shareholders wave through overhaul to CS Venkatakrishnan’s pay

2 min read

Ex-UBS outsourced trading head joins Liquidnet to lead multi-asset desk

Chris Blackburn joins institutional trading network in senior role

2 min read

Pimco hires former BlackRock fund manager Rupert Harrison as senior UK adviser

Harrison has joined California-headquartered bond giant to advise on macroeconomic and policy matters

1 min read