Banks hike bonuses 15% but fear dealmaker exodus
London's investment banks are hiking bonuses to retain top talent despite concerns that financial incentives alone won't prevent a brain drain from the dealmaking sector.
Category : Search result: Berne Financial Services Agreement
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.
Malaysia defends Trump trade deal amid criticism
Malaysian government officials have launched a robust defence of their new trade agreement with former US President Donald Trump, dismissing criticism as 'misinformed' while highlighting potential economic benefits.
UK phone giants unite to block scam calls
Major UK mobile providers join forces in landmark agreement to combat number spoofing fraud that costs Britons millions annually. New security measures coming 2025.
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.
Tube workers secure 3-year pay deal with TfL
RMT union members overwhelmingly accept transformative pay package for London Underground staff, ending prolonged dispute with TfL and delivering significant wage increases through 2027.
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
Evelyn Partners Accelerates AI Adoption in Wealth Management
Leading wealth manager Evelyn Partners reveals ambitious AI adoption strategy to transform client services and operational efficiency across their UK operations.
Blackstone VP & Progress Together CEO on Female Finance Leaders
Exclusive FN London event brings together Blackstone's Annemarie Spadafora and Progress Together's Lizzie Smith to tackle gender diversity in financial services leadership.
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.
London finance panel calls for urgent market reforms
An influential financial services group warns London risks losing its competitive edge without targeted reforms to streamline listings and boost investment research.
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.
UBS expands McCartney's role in capital markets shake-up
Swiss banking giant UBS announces major restructuring of its capital markets division, with Jason McCartney assuming broader responsibilities in a strategic leadership overhaul.
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.
Lord Mayor's Final Verdict on London's Economic Challenges
Outgoing Lord Mayor Michael Mainelli reflects on his tenure, highlighting London's economic struggles, financial sector evolution, and the city's enduring global competitiveness in his end-of-term assessment.
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.
70+ migrants returned to France under UK returns scheme
New figures reveal more than 70 asylum seekers have been returned to France under Rishi Sunak's returns agreement, while Channel crossings continue despite government efforts.
FCA faces lawsuit over bond tape 'manifest error'
The Financial Conduct Authority is embroiled in a High Court battle as market participants accuse the regulator of catastrophic misjudgment in its controversial bond reporting reforms.
Global Wealth Race: Which Financial Hub Dominates?
London battles New York and Asian rivals in the high-stakes competition for the world's wealthiest individuals. Discover which financial centres are gaining ground and what this means for global finance.
Drax settles third employment lawsuit against trader
Drax has quietly resolved another legal dispute with a former energy trader, marking the third such settlement over alleged employment contract breaches in recent years.
Apollo Eyes D2C Partnerships in Wealth Management Shake-up
Exclusive interview with Apollo's EMEA wealth management head reveals plans to collaborate with direct-to-consumer fintech firms, signalling major industry evolution.
Birmingham Council Bankruptcy: Financial Crisis Deepens
Birmingham City Council faces unprecedented financial crisis as spending cuts fail to prevent effective bankruptcy. Expert analysis reveals the grim reality for residents and services.
Moelis boosts pay 20% as dealmaking fees surge
Wall Street investment bank Moelis & Company has dramatically increased compensation packages following a significant jump in dealmaking revenues, signalling strong recovery in the mergers and acquisitions market.
UK signs new deal to return Vietnamese migrants
The UK government has signed a landmark agreement with Vietnam to facilitate the return of migrants, addressing small boat crossings and illegal immigration concerns.
Microsoft outage hits Office 365, Azure and Xbox Live users
Thousands of Microsoft users face disruption as widespread technical outage affects Office 365, Azure cloud services and Xbox Live gaming platform. Downdetector reports surge in complaints.
Private Credit Chiefs Escalate War of Words with Banks
Top private credit executives escalate their battle with mainstream banks, claiming superior lending models and dismissing banking sector criticisms as outdated rhetoric in this exclusive City A.M. investigation.
Santander: Car finance compensation threatens UK jobs and economy
Santander UK issues stark warning that massive compensation payouts for car finance mis-selling could threaten thousands of British jobs and hamper economic growth.
UBS wealth unit gathers $38bn in Q3 surge
UBS's global wealth management arm demonstrates remarkable resilience, pulling in $38 billion in net new funds during Q3 while navigating significant outflows from its Swiss bank integration.
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