Can JPMorgan make Nutmeg a success two years after its landmark deal?
In 2021, JPMorgan executives were considering taking a stake in digital wealth manager Nutmeg. But there was a problem —...
archiveFinancial Investment Services
Citigroup set to cut UK jobs after CEO Jane Fraser’s sweeping changes
Citigroup is set to roll out job cuts in its UK operations next week as the Wall Street bank simplifies...
Fund houses cut more from research budgets despite looming MiFID II overhaul
When the UK unveiled plans to reverse MiFID II unbundling in July, asset managers were meant to start ploughing more money into...
Overhaul UK pensions to fix equities market
Renowned City stock-picker Richard Buxton has called for a shake-up of the £2.5tn pensions market to “breathe new life” into...
Pension funds have gone ‘radio silent’ on crypto
When Ruffer invested around $600m into bitcoin at the end of 2020, pension funds took notice and began calling their...
BNP Paribas eyes Wall Street dealmaking push after European gains
BNP Paribas is pushing to grow its dealmaking business in the US, part of a broader plan by the French...
Citigroup hires Goldman’s Carles Jou to bolster European leveraged finance
Citigroup has hired a senior Goldman Sachs banker for its leveraged finance team as the Wall Street bank looks to...
Perella Weinberg bolsters staff by 40% in UK hiring spree
Boutique investment bank Perella Weinberg increased UK dealmaker numbers by 40% last year as larger rivals culled staff amid a...
Evercore plans Paris office launch with 15 dealmakers
Boutique investment bank Evercore is set to launch an operation in Paris, hiring dealmakers in the French capital as its...
Jefferies hires ex-Morgan Stanley analyst Taylor to bolster UK investment bank
Jefferies has hired a former senior research analyst at Morgan Stanley to bolster its UK investment banking team, as the...
