BankingBankers, lawyers and accountants won’t quit, stoking fears of more job cutsDecember 4, 2023445Morgan Stanley cut 3,500 jobs in June in its deepest restructure since 2008. It was taken as a sign that...
Stock MarketVeteran stock-picker David Cumming warns London risks losing ‘competitive advantage’November 23, 2023273David Cumming, one of the City’s longest-serving fund managers, said the UK must become “more pro-business” to keep its competitive edge over rival financial...
MortgagesBNP Paribas AM backs private assets push despite pressures on sectorNovember 17, 2023283BNP Paribas Asset Management's UK chief continues to see private assets as an attractive play, despite valuations coming under pressure...
CurrenciesDeutsche’s new UK boss, EY names Di Sibio successor, Michael Klein’s new bankNovember 17, 2023184Deutsche Bank promoted a fixed income veteran to lead its business in the UK and Ireland, replacing Tiina Lee, who left...
Stock MarketEuronext nears finish line in move to in-house clearingNovember 8, 2023169Euronext will finish moving equities traded across its venues to a new clearing house this month, according to the pan-European...
CurrenciesA sterling effort from JPMorgan’s blockchain armNovember 7, 2023163JPMorgan's dive into the world of blockchain and digital assets is getting deeper with its blockchain arm Onyx eyeing expansion...
FinanceCity’s caution over T+1 dashes hopes of Brexit dividendNovember 3, 2023178The government’s search for something that could be claimed as a potential Brexit dividend for the City is, frankly, not...
BankingAlantra eyes more dealmaker hires after moving investment bank HQ to LondonNovember 2, 2023191When Alantra moved its investment banking headquarters to London in June — a rare post-Brexit vote of confidence in the City —...
CryptocurrencyPayPal scores UK crypto licence as regulation tightensNovember 1, 2023217PayPal has received approval from the Financial Conduct Authority to offer crypto services in the UK, as the regulatory environment...
FinanceStandard Chartered’s crypto firm Zodia Markets gets approval from Central Bank of IrelandOctober 27, 2023203Standard Chartered-backed crypto exchange and brokerage platform Zodia Markets has been registered as a virtual asset service provider by the...