FundsBaillie Gifford eyes 2024 turnaround as UK outflows hit £6.6bnJanuary 5, 2024150Baillie Gifford expects this year to arrest the heavy outflows that have plagued the Edinburgh-based asset manager for months, having...
CryptocurrencyRobinhood launches EU crypto-trading app in renewed push for global expansionDecember 7, 202388Robinhood Markets on Thursday launched a new commission-free crypto-trading app for customers in the European Union as it makes a...
BankingBankers, lawyers and accountants won’t quit, stoking fears of more job cutsDecember 4, 2023196Morgan Stanley cut 3,500 jobs in June in its deepest restructure since 2008. It was taken as a sign that...
FundsESG hiring is entering ‘prolonged recovery’November 27, 2023130The lull in ESG hiring that hit the asset management sector this year appears to be coming to an end....
Stock MarketVeteran stock-picker David Cumming warns London risks losing ‘competitive advantage’November 23, 202369David 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...
CurrenciesDeutsche’s new UK boss, EY names Di Sibio successor, Michael Klein’s new bankNovember 17, 202382Deutsche Bank promoted a fixed income veteran to lead its business in the UK and Ireland, replacing Tiina Lee, who left...
CurrenciesDeutsche Bank names fixed income veteran Vijayaratna as UK and Ireland CEONovember 14, 202369Deutsche Bank has promoted a fixed income veteran to lead its business in the UK and Ireland, replacing Tiina Lee...
CurrenciesGoldman Sachs, BNP Paribas invest in fintech firm FnalityNovember 14, 202385Goldman Sachs and BNP Paribas have led London-based fintech Fnality’s £77.7m series B funding round. Fnality, a fintech firm that...
Stock MarketEuronext nears finish line in move to in-house clearingNovember 8, 202355Euronext will finish moving equities traded across its venues to a new clearing house this month, according to the pan-European...
Funds‘2024 probably won’t be incredibly positive’November 6, 202383When Valérie Baudson was announced as chief executive of Amundi in May 2021, it was a boom time for the sector....