Thames Water defers £2.5m boss bonuses until new year
Thames Water postpones controversial £2.5m retention payments for 21 executives as it seeks a multi-billion pound rescue deal. Discover the full story behind the bonus row.
Thames Water postpones controversial £2.5m retention payments for 21 executives as it seeks a multi-billion pound rescue deal. Discover the full story behind the bonus row.
James Pirie, a senior director at Houlihan Lokey, has left the investment bank. Explore the details of his departure and the firm's recent performance in London.
Discover the City Editor's top six business books for 2025, featuring exposés on Big Tech, globalisation risks, and building a better economic future. Perfect for the high-flying executive in your life.
BNP Paribas is aggressively expanding its corporate finance teams in London and New York, hiring over 30 bankers. This strategic move signals a major bet on a rebound in global M&A and equity markets. Discover the bank's ambitious growth plans.
Julianne Schultz reflects on the ‘jobs for mates’ culture in board appointments, arguing true meritocracy requires more than just ticking boxes. Read her insights on effective governance.
Barclays Bank has announced a significant internal promotion round, elevating 118 employees to the role of Managing Director. Discover the key names and divisions driving this strategic move.
Citigroup has elevated 276 bankers to managing director in its latest annual promotion round, a key move in CEO Jane Fraser's strategic overhaul. Discover the regional breakdown and strategic focus.
JPMorgan Chase has restructured its European equity capital markets leadership, promoting Viswas Raghavan and Dwayne Lysaght to co-heads. Discover the strategic moves shaping the bank's top-tier advisory team.
Australia's Future Fund faces scrutiny after spending £20,000 on a business-class trip for a former assistant to scope US hotels. Read the full investigation into the sovereign wealth fund's expenses.
City AM invites readers to shape its future. Complete the 2025 readership survey for a chance to win a £500 Harrods gift card, valid until December 2026. Have your say today.
Shareholders of South African conglomerate Bidvest have voted against reimbursing three directors for $59,000 spent on attending the Paris 2024 Olympics. Discover the details of the revolt.
German investment bank Berenberg has promoted David Janssens and Christian Gottlob to new roles in a significant restructuring of its operations. Discover the strategic moves behind the reshuffle.
On this day in 2001, energy giant Enron filed for Chapter 11 bankruptcy in the biggest corporate collapse in US history. Discover the story of fraud, ambition, and failure. Read the full analysis.
Corporate manslaughter charges are now being considered as the criminal probe into the Horizon Post Office scandal widens. Police appeal for victims to come forward.
Police investigating the Post Office Horizon scandal are now considering corporate manslaughter charges. The criminal probe has expanded to include more suspects and persons of interest. Read the latest.
Global consultancy Accenture has begun referring to its 800,000 employees as 'reinventors' as it sharpens its focus on artificial intelligence capabilities and warns staff to adapt. Read the full story.
London broker Peel Hunt reports an 800% profit surge to £11.5m, driven by a revival in corporate dealmaking. Discover the key figures and strategic outlook for the UK investment bank.
RBC Capital Markets strengthens its European healthcare division with key hires as Mayer Brown announces 36 partner promotions globally. Discover the strategic moves shaping finance and legal sectors.
Rachel Reeves' £26bn budget offers temporary relief but fails to address Britain's fundamental economic flaws. Without systemic reform, the bleeding continues.
Campbell's Soup dismisses a senior VP after alleged racist and derogatory comments about customers and Indian employees were recorded. Full story on the corporate scandal.
Anti-Adani activist Ben Pennings declares victory as the mining giant drops its five-year legal case. Read the full story of this landmark environmental protest win.
International law firm Weil promotes four London lawyers to partner in 17-strong global promotion round, strengthening corporate and litigation practices.
Amigo Loans shareholders could see golden returns as the company transforms from failed lender to mining venture under Australian leadership. Discover the dramatic turnaround story.
Campbell's Soup executive Martin Bally suspended after allegedly calling company products 'food for poor people' in lawsuit. Read the shocking details and company response.
A Campbell's Soup vice president has been placed on leave after a secret recording revealed he avoids the company's 'unhealthy' products and made racist remarks about staff. The lawsuit alleges a toxic workplace.
As Trump touts Walmart's cheap Thanksgiving deals, economists reveal a complex picture of holiday food prices affected by tariffs and inflation. Discover the full story.
Discover how a former cryptocurrency executive is now creating businesses specifically designed for acquisition by major private equity firms like KKR and Apollo. Learn about this innovative investment strategy.
Banking group Investec reveals a major push into the underserved mid-market sector, aiming to boost profitability by 200 basis points. Discover its UK and South Africa expansion plans.
Morrison Foerster strengthens London private equity practice with HSF partner hire. Strategic move signals growth in competitive legal market.
Evelyn Partners launches first bidding round for £400m wealth management arm. Discover the key players and timeline for this major financial services deal.