Balyasny Hires Ex-Capstone MD Dara Falahi

Balyasny Asset Management has appointed Dara Falahi, former managing director at Capstone, to a senior role, signaling strategic expansion in its investment team.

GoCardless Axes 90 Jobs in Profitability Drive

London fintech GoCardless announces 90 redundancies as part of restructuring, with losses narrowing to £24.2m despite revenue growth to £155.5m. The firm targets profitability by mid-2026.

XTX Markets CTO Departs Trading Firm

The chief technology officer of XTX Markets, a leading high-frequency trading firm, has left the company, marking a significant leadership change in the competitive financial technology sector.

Wise to Downgrade London Listing This Quarter

Fintech giant Wise has confirmed it will switch its primary listing to the United States this quarter, dealing a significant blow to London's financial prestige while reporting strong quarterly growth.

Trump's Hormuz Blockade Sends Markets into Turmoil

Donald Trump's announcement of a US-led blockade in the Strait of Hormuz threatens to escalate Middle East conflicts, disrupt global energy markets, and strain diplomatic negotiations, with the UK distancing itself from the move.

Private Equity Secondary Market Sees Strategic Shifts

The private equity secondary market is undergoing significant transformation, with firms engaging in sale talks, spin-outs, and increased specialization to navigate evolving investor demands and market conditions.

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