Category : Search result: EU financial services


CVC Hires KKR's James McGlade for UK Dealmaking

Private equity giant CVC Capital Partners recruits James McGlade from rival KKR to strengthen its UK financial services investments. Discover the strategic move reshaping London's dealmaking landscape.

Banks set to escape tax rises in Reeves budget

Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.

Goldman Sachs hires Evercore banker for Evelyn Partners sale

In a significant recruitment coup, Goldman Sachs has hired senior Evercore banker James Rucker to spearhead the upcoming sale of Evelyn Partners' wealth management division, signalling intensified competition in London's financial advisory landscape.

Goldman Sachs London pay bill soars 26%

Goldman Sachs International's London staff costs surge to £2.8bn amid booming investment banking fees, while parent company reports stellar Q2 earnings.

Tech giants warn Reeves over UK IPO flight risk

Leading technology firms warn Chancellor Rachel Reeves that proposed tax changes could drive British companies to list overseas, threatening London's status as a financial hub.

Tice Pledges Major Reform of City Regulation

Reform UK chairman Richard Tice unveils radical plan to overhaul financial regulation, claiming current rules are stifling London's competitiveness and investment growth.

Lloyds CEO: Motor Finance Scandal Threatens UK Investment

Exclusive: Lloyds Banking Group CEO Charlie Nunn voices serious concerns about how the ongoing motor finance commission scandal could damage Britain's attractiveness to global investors and impact the wider economy.

M&G reaches £365bn assets as retail inflows surge

Investment giant M&G reports impressive £4.5bn net inflows for 2023, with retail investors driving growth despite challenging market conditions and pushing assets under management to £365bn.

US Government Shutdown: Real Consequences for Americans

As the US government shutdown continues, millions of federal workers face financial uncertainty while essential services from food safety to national parks feel the strain. Discover how this political stalemate is affecting everyday citizens.

PJT Partners Fees Soar 37% in M&A Comeback

Investment bank PJT Partners reports dramatic fee growth amid resurgent merger activity, signalling strong recovery in global dealmaking with London playing key role.

Ex-Telegraph journalist joins Financial News team

Financial News bolsters its editorial team with the appointment of Harry Brennan, an experienced journalist from The Telegraph, to enhance coverage of London's professional services sector

Why AI Can't Replace Human Wealth Managers

Discover why artificial intelligence struggles to replicate the nuanced human connections and emotional intelligence that define successful wealth management relationships.

MPs: Watchdog Sides With Lenders in Car Finance Scandal

A cross-party committee of MPs has launched a scathing attack on the Financial Conduct Authority, claiming its car finance redress scheme favours lenders over consumers in a multi-billion pound mis-selling scandal.

UK Must Stop Dithering Over Digital Finance

Britain risks losing its financial crown as government delays on digital finance reforms threaten to push innovation overseas. Industry leaders demand urgent action.

New NHS Health Centre Opens In Crystal Palace

A brand new NHS health centre has officially opened in Crystal Palace, offering comprehensive medical services and cutting-edge facilities to transform local healthcare delivery.

FCA's £4bn car finance scandal robs victims

Millions of British drivers face fresh injustice as the FCA's proposed redress scheme for mis-sold car finance could shortchange victims by billions. Exclusive analysis reveals how the regulator's plan might benefit lenders over consumers.

Multiple stabbed in Surrey train horror

Emergency services rushed to a train in Surrey after a violent stabbing incident left multiple victims injured. Armed police arrested a suspect at the scene as the investigation continues.

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