- Finance
Amundi, Europe’s largest asset manager, has roughly halved its exposure to so-called blank-cheque companies, claiming the fast-growing sector, which has…
Read More »
- Finance
JPMorgan is offering 24-hour access to ambulances, hospital beds for quarantining employees and payment for vaccines for its staff in…
Read More »
- Finance
Citigroup hired a Deutsche Bank dealmaker to bolster its technology investment banking team in Europe, a key focus for the…
Read More »
- Finance
New UniCredit chief executive, Andrea Orcel, has shaken up the Italian lender’s upper ranks, slimming down its executive committee and…
Read More »
- Finance
That’s the official UK government line before the fourth and final step of its road map come 21 June, when the Prime Minister…
Read More »
- Finance
Among the world’s 50 biggest asset managers, just 3% of chief executive officers are women, a report by recruitment firm Heidrick…
Read More »
- Finance
UBS is paying its junior bankers a one-off bonus of $40,000, nearly double some of its rivals, as investment banks…
Read More »
- Finance
Jamie Dimon has had enough of Zoom, and he’s not the only one. The JPMorgan boss said he’s keen to…
Read More »
- Finance
Brad Levy has big changes planned for Symphony, the $1.4bn financial communications provider he is soon to take over. With…
Read More »
- Finance
It all started with an explosive leaked survey from 13 Goldman Sachs analysts, whose complaints of shocking workloads and brutal…
Read More »
- Finance
Jefferies has hired two senior Deutsche Bank equity dealmakers, another sign that competition for talent in the sector is heating…
Read More »
- Finance
Societe Generale SA is targeting a higher profitability for its global banking and investor solutions unit, which includes investment banking…
Read More »
- Finance
Activist investor Sherborne Investors has sold its entire stake in Barclays, ending a three-year battle with the UK lender’s chief…
Read More »
- Finance
A boutique advisor set up by the former head of European investment banking at Jefferies four years ago, is opening…
Read More »
- Finance
Ireland’s biggest stockbroker, Davy, has named five new senior hires for its London operation and plans to bolster its UK…
Read More »
- Finance
Bank of America hired a senior dealmaker from Citigroup in Paris as it continues to build up its presence in…
Read More »
- Finance
BNP Paribas hired a top Goldman Sachs equity capital markets banker as revenues in the sector continue to surge on…
Read More »
- Finance
Dogecoin is everywhere, dogecoin is life. Or at least, that’s what some of its biggest supporters think. The cryptocurrency, first…
Read More »
- Finance
Exchange operator Cboe Europe has hired Natan Tiefenbrun as senior vice president, head of European equities. Tiefenbrun is joining Cboe…
Read More »
- Finance
City broker Numis more than doubled investment banking fees in the first half of its fiscal year as UK initial…
Read More »
- Health
The world’s largest asset manager is in disagreement with the world’s most famous investor. BlackRock Inc. voted for two shareholder…
Read More »
- Finance
HSBC’s major shift towards Asia will not mean scaling back in the UK, according to the co-head of its global banking…
Read More »
- Finance
The Financial Conduct Authority has fined boutique investment bank Sapien Capital £178,000 for failing to identify financial crime relating to…
Read More »
- Finance
JPMorgan has promoted 52 people to managing director within its corporate and investment bank in Europe, the Middle East and…
Read More »
- Finance
Banks across Wall Street are looking to tighten the lending terms of some of their hedge-fund clients on the heels…
Read More »
- Finance
The exchange operator CME Group said it would permanently close most of its open-outcry trading pits in Chicago, ending one of the…
Read More »
- Finance
Independent investment bank Lazard is ramping up recruitment for both senior dealmakers and junior bankers as activity has surged to…
Read More »
- Finance
Veteran dealmaker Ken Moelis said that investment bankers could spend half the amount of time travelling in the wake of…
Read More »
- Finance
Amundi shareholders should oppose a pay deal awarded to outgoing chief executive Yves Perrier, say two influential proxy advisers. Glass Lewis and…
Read More »
- Finance
BNP Paribas has named Sandro Pierri as chief executive of its fund management business. Pierri, currently deputy CEO of BNP…
Read More »
- Finance
Standard Chartered has topped the rankings as the highest paying investment bank in the UK, according to an analysis of…
Read More »
- Finance
Goldman Sachs is set to ramp up employee numbers in its UK headquarters from 21 June, when the government lifts…
Read More »
- Finance
Eric Varvel, the Credit Suisse asset management head demoted after the Greensill Capital collapse, is marketing his expensively renovated seven-bed…
Read More »
- Finance
Barclays will start ramping up employee numbers in Canary Wharf and New York from June, with the bank’s chief executive…
Read More »
- Finance
HSBC is increasing salaries for junior bankers, expanding recruitment and accelerating promotions in the latest efforts from a large investment…
Read More »
- Finance
Simon Dale, the former head of retail at Woodford Investment Management, has joined exchange traded fund boutique HANetf to oversee…
Read More »
- Finance
Simon Dale, the former head of retail at Woodford Investment Management, has joined exchange traded fund boutique HANetf to oversees…
Read More »
- Finance
Strong performance at Barclays’ investment bank and a slump in money put aside for bad loans bolstered first quarter profits…
Read More »
- Finance
The head of Credit Suisse’s risk committee has stepped down ahead of its annual general meeting, staving off a potential…
Read More »
- Finance
Fidelity Investments is ramping up a business that helps money managers profit on those eager to bet against stocks. Fidelity…
Read More »
- Finance
HSBC’s first-quarter profits more than doubled as provisions for Covid-19 related loan losses slumped, but the UK lender’s investment bank…
Read More »
- Finance
UBS said it has taken a $774m hit from the collapse of family office Archegos Capital, denting profits at its…
Read More »
- Finance
Deutsche Bank’s investment bank fuelled its best quarterly profit in seven years as the German lender reaped the benefits of…
Read More »
- Finance
Amundi, Europe’s largest asset manager, suffered net outflows of almost €13bn during the first three months of the year, as…
Read More »
- Finance
Standard Chartered’s profits jumped by 18% in the first quarter as the emerging markets-focused UK lender slashed provisions for bad…
Read More »
- Finance
Goldman Sachs is offering Covid-19 vaccinations to thousands of its staff in India and rolling out fresh relief efforts in…
Read More »
- Finance
Funds under management at City wealth manager St James’s Place rose to a record high in the first three months…
Read More »
- Finance
The Financial Conduct Authority wants to scrap some of the most burdensome EU rules on investment research, offering a potential lifeline to…
Read More »
- Finance
Independent investment bank Evercore is hiring equity bankers amid a boom in blank cheque companies and initial public offerings after…
Read More »
- Finance
Profit at boutique investment bank PJT Partners surged by 37% amid record deal activity. The bank, started by started by former…
Read More »
