News
Larry Fink says BlackRock has ramped up allocation to ‘undervalued’ UK stocks
The BlackRock CEO says he has ‘more confidence in the UK economy’
Ex-KPMG CEO on how to regulate businesses for growth
Regulators need to do more than just cutting red tape and bureaucracy, says former KPMG chief executive
4 min read
Former Aberdeen veteran eyes headcount growth at crypto ETP firm 21Shares
Russell Barlow, who joined Switzerland-headquartered crypto assets specialist last year, says headcount could grow to around 100 by the end of the year
3 min read
BNP Paribas stock traders ride turbulent markets to record quarter
French bank joins Wall Street rivals in reporting bumper markets revenue
2 min read
The FCA’s overseas mission is a Brexit consequence
The UK markets watchdog wants to set up shop abroad for the first time. But why?
3 min read
Why asset managers need to pursue more than scale with M&A deals
Growing without a strategic purpose may not be enough for fund groups to offset headwinds, according to Hugh Elwes
4 min read
Nomura to buy Macquarie’s US and European asset management business
Nomura strikes $1.8bn deal in asset management growth push
2 min read
Trading Places: Deutsche Bank hires ECM veteran, Paul Weiss boosts London office
Find out who is on the move in the City and beyond this week
2 min read
Brooks Macdonald assets hit £19bn despite persistent outflows
CEO Andrea Montague promises return to positive flows later this year despite increased volatility from Trump’s tariffs
2 min read
EY investigated over Post Office audits following Horizon IT scandal
Hundreds of sub-post masters were prosecuted using faulty data in a major miscarriage of justice
1 min read
Wall Street bank bosses eye further stock trading gains after record $16bn quarter
Five biggest US banks enjoyed boom in stock trading revenue in first quarter
3 min read
LSEG poaches S&P executive to co-head data and analytics
Bourse owner taps Gianluca Biagini and Ron Lefferts to lead key unit
Citigroup dealmakers post 14% fee rise as traders beat expectations
The US bank has notched a bigger rise than its rivals, as M&A fees jumped 84%
Crypto hedge funds battle to stay positive after tariffs hit markets
Your guide to the week’s biggest fintech stories
Private equity firms to slow wealth deals after UK boom: ‘It’s been like stacking shelves’
Why a red-hot market might start to cool
Goldman Sachs M&A fees drop 22% as stock traders post record quarter
The Wall Street bank’s leading M&A division missed expectations
2 min read
Neil Woodford: I’ll continue fight against FCA’s fund collapse findings
Former star fund manager said appeal against a warning notice issued by UK regulator last year has been ‘a long fight and it will go on’
4 min read
TP ICAP eyes £2m pay rise for CEO to keep pace with rivals
City broker is the latest UK firm to seek bigger pay deals for top brass
3 min read
Morgan Stanley’s investment bank notches record quarter as stock trading surges
The Wall Street bank has been buoyed by a 45% increase in equity trading fees as US president Donald Trump’s policies prompt market swings
2 min read
JPMorgan stock traders notch record quarter as Trump prompts wild market swings
The US bank has also posted a 12% increase in dealmaking revenue
2 min read