News
Starling Bank profit slides on FCA fine and bad Covid loans
The digital bank has faced criticism for its lending during the pandemic
3 min read
Robinhood targets pro traders with new platform
Fintech to roll out data and charting tools for active investors
1 min read
McKinsey headcount drops 10% as consultants feel the pinch again
Boom years for the sector are reversing with McKinsey the latest to make cuts, according to reports
1 min read
JPMorgan bolsters EU hubs by 300 bankers
The Wall Street bank has continued to add to its post-Brexit entity, with Paris growing the most
1 min read
Nomura plans to grow European equities revenue from ‘zero’ to $100m
The Japanese bank sees opportunities in derivatives and financing
4 min read
Revolut hunts for acquisitions after record profit
London-based fintech eyes deals as customer numbers spike
2 min read
Monzo builds investor relations team as it eyes IPO
Digital bank looks for manager to handle ‘critical corporate finance and fundraising activities’
2 min read
Bank of England spends £15m on Bloomberg Terminals
Threadneedle Street has secured access to the data giant’s iconic screens for another four years
2 min read
How Strategy helped push bitcoin to $110,000
Your guide to the week’s biggest fintech stories
2 min read
Liquidity looms large as buyout bosses prepare for summer summit
Buyers are proactively engaging sellers to unlock deals, with senior figures expecting some of those conversations to ramp up in Berlin next week
2 min read
Aberdeen director Michael O’Brien dies
The former Emea CEO at JP Morgan Asset Management passed away suddenly on the weekend
1 min read
Goldman Sachs ups EU headcount by 14% as revenue rebounds
The Wall Street bank has increased headcount on the continent by around 150 people
The UK stock market suffers from dubious claims about private assets
Private markets are getting all the love right now, but public listings need it more
Deepfake scams put City firms on high alert: ‘It sounds like me even though it’s not me’
Several well-known City figures have had their images and voices hijacked in AI generated videos produced by online fraudsters
Singer Capital’s Tim Cockroft: Spinning off AIM could boost London’s stock market
Cockroft has spent almost four decades at the coal face of London’s changing stock market. That has given him a unique perspective on how to fix it
Why wealth managers are flocking to Dubai
Top executives are following the wave of high net worth investor cash set to turn the United Arab Emirates into a $1.5tn market by 2028
7 min read
Regulators love the group chat: May’s diary
FN takes a tour of the lighter side of the City
5 min read
L&G eyes 70 job cuts across £1.1tn asset management business
The UK asset manager, which has made a big push into private markets, is looking to cull tens of roles
2 min read
FCA bans third Credit Suisse banker for role in tuna bonds scandal
The watchdog has taken further action against bankers embroiled in the fraudulent loans that cost Credit Suisse billions
1 min read
Wells Fargo hires Hawkins to lead real estate capital markets in Europe
The US bank has been building its dealmaking team in recent months
1 min read
