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Goldman Sachs CEO David Solomon says banker talent war is ‘as strong as ever’ despite cuts
Goldman Sachs chief executive David Solomon said that the job market for bankers is “surprisingly tight” and that the bank…
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‘It was savage’: Kraken’s crypto staff slam ‘cold’ redundancies
Staff laid off by crypto giant Kraken say they only learned of their redundancies when they were locked out of…
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JPMorgan hires Deutsche, UBS and BNP Paribas trio for mid-market push
JPMorgan has hired a trio of dealmakers for a unit that targets deals in the mid-market. Thibaud de Maria has…
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What Celsius Network’s bankruptcy case means for other failed crypto platforms
The judge overseeing Celsius Network’s bankruptcy case is expected to decide if the crypto firm has full ownership rights over…
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Developing a resilient downtown in Globe, Arizona
Developing a resilient downtown in Globe, Arizona Skip to main content In this episode of “Reimagine Rural,” Tony Pipa speaks…
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Record employment rate for women shows Trudeau’s subsidized daycare plan is working
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to…
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Kirkland & Ellis partners face nervous wait on pay, promotions
Kirkland & Ellis partners are facing a nervous few weeks as they wait to hear their fates on pay and…
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Saudi prince sets sights on Credit Suisse spinoff
Saudi Arabia’s crown prince and a US private-equity firm run by Barclays’ former chief executive are among investors preparing to invest…
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Canada’s job market flat, but pay gains continue to put pressure on inflation
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Credit Suisse loses secondary-advisory executive to Baird
One of the most senior secondary private equity bankers at Credit Suisse has left the investment bank, according to several…
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Payrolls and wages blow past expectations, flying in the face of Fed rate hikes
An employee works at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters Job…
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Key inflation measure that the Fed follows rose 0.2% in October, less than expected
A man climbs into the fridge for milk at a Walmart store in Rosemead, California on November 22, 2022. Frederic…
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‘Grow up,’ ex-Celsius directors warn crypto as BlockFi joins bankruptcy club
Two former directors of the collapsed crypto lender Celsius Network have a warning for digital assets firms wishing to avoid…
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EY split offers chance to poach staff and clients, BDO UK boss says
EY’s looming split offers opportunities for rival firms to hire away staff and poach clients, the boss of accountancy firm BDO…
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Julius Baer hit with £18m fine over Russia dealings
UK regulators fined Swiss private bank Julius Baer more than £18m for improper dealings with Russian companies dating back more…
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Jupiter agrees performance fee cut on Chrysalis trust after managers’ payouts slammed
Performance fees charged by the well-known Chrysalis investment trust have been slashed after its managers came under criticism last year for the size…
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Apollo poaches new chief pensions strategist from state government
Connecticut state treasurer Shawn Wooden is joining Apollo Global Management as a partner and chief public pension strategist to help…
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BlackRock’s Europe boss: We’re exploring digital assets in Emea
BlackRock, the world’s largest asset manager, has started to assess how the plumbing underpinning the crypto market can be applied…
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Six keys to unlocking a new era of place-based federal investment
The first years of the 2020s have forced the United States to contend with a litany of major issues, including…
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Meet the 21 Goldman Sachs partners to make the cut in Europe
Goldman Sachs has named its largest partner class for eight years and its most diverse ever as the US banking…
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Meet Goldman Sachs’ first Bangladeshi partner as US bank aims to diversify upper ranks
Goldman Sachs promoted a record number of non-whites and women to its elite ranks in its largest partner class for…
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Hedge funds’ 2 and 20 fee structure is facing challenges, former Bridgewater exec says
As hedge funds battle plunging equity markets, rising inflation, and large outflows, they are set to face another challenge next…
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Asset managers face divided regulation over ESG investing
The political divide over the role that environmental, social and governance factors should play in state pension investments stands to…
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UK fund manager profit squeeze set to shrink bonuses by 20%
Some of the UK and Europe’s largest fund management houses have seen assets under management shrink this year as volatile…
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Alberta forecasts smaller surplus as Danielle Smith opts to spend some of the oil windfall
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Brett House: Rebuilding Ukraine will require at least three or four Marshall Plans
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Sean Fraser: ‘Unacceptable’ that immigrant surgeons are working as taxi drivers
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to…
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Pensions for Purpose’s Charlotte O’Leary: Can white, male, over-50 trustees represent a fund’s youngest members?
Charlotte O’Leary was fed up — she’d spent over a decade at large asset management firms and investment consultants. She was…
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FTX debuts biggest crypto bankruptcy in court — what to expect
FTX is expected to make its debut appearance on 22 November in Delaware bankruptcy court, where its new management is…
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ESG firm raises eyebrows for ranking collapsed crypto giant FTX higher on governance than Exxon Mobil
AI-driven ESG ratings firm Truvalue Labs has defended its methodology after awarding collapsed crypto giant FTX a higher score for…
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SocGen and AllianceBernstein agree equities tie-up
French bank Societe Generale has signed a joint venture with US investor AllianceBernstein to bolster its equity research, trading and…
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Transforming coal country in Shamokin, Pennsylvania
Transforming coal country in Shamokin, Pennsylvania Skip to main content Shamokin, Pennsylvania, is a blighted coal town on its way…
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Hunt postpones worst fiscal pain and hoped-for City reforms
On the whole, the chancellor’s Autumn Statement was rather understated. Jeremy Hunt unveiled a huge package of tax and spending…
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EY partner vote on firm’s split pushed back until 2023
EY’s partner vote on its split between its audit and consulting arms is set to be pushed back until next…
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New legislation and research reaffirm the importance of regional public universities for local economies
Regional public universities (RPUs) are public, four-year, community-oriented universities, and they have long been anchor institutions for regions across the…
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Wave Financial, Binance make fresh plays for Voyager Digital after FTX’s $1.4bn takeover collapses
Wave Financial and Binance are the latest firms to line up fresh bids for collapsed crypto exchange Voyager Digital, after…
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Why PE’s investor appetite is waning
Investor appetite for private equity is coming under strain. The latest Rede Liquidity Index score – a closely followed industry benchmark…
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Bank of England boosts bond purchases programme amid ‘fire sale’ risk
The Bank of England added inflation-linked government bonds to its programme of bond purchases after a fresh attempt to extend…
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The Magic Circle isn’t dead yet – but it is facing some serious challenges
Reports of the Magic Circle’s death have been greatly exaggerated. That is according to partners, in-house lawyers, legal consultants and recruiters…
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Credit Suisse hands out $300m in retention bonuses to keep dealmakers
Credit Suisse handed out nearly $300m in retention bonuses to dealmakers during the third quarter of 2022 — more than…
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Goldman Sachs names 80 partners – here are the names
Goldman Sachs has promoted 80 to partner, a coveted senior role at the US banking giant that comes with a…
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Ninety One sustainability boss: Divesting from oil and coal doesn’t work
Divesting from heavy polluting companies may look good on paper and appease ESG-diehards, but has minimal impact on reducing emissions and…
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Come from away: Ukrainian refugees help Newfoundland and Labrador companies soar
This section is Presented This section was produced by the editorial department. The client was not given the opportunity to…
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Retired EY partners question plans to split firm
Former partners at EY have raised their concerns about issues ranging from leadership and resourcing to pension contributions, as the professional…
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Deutsche Bank wants to outrank European rivals in dealmaking push
Three years on from a radical overhaul of its business, Deutsche Bank is eyeing an investment banking revival that will…
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Dealmaking team steps down from KBW’s UK office
A team of six dealmakers at US-headquartered investment bank KBW have stepped down from its City office and will start…
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US law firm Boies Schiller plots London hires to meet ‘booming’ demand for litigation work
US law firm Boies Schiller Flexner is recruiting lawyers to staff the surging demand it is seeing for litigation work…
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Crypto lender Genesis stops withdrawals in wake of FTX failure
Cryptocurrency lender Genesis told clients that it is suspending redemptions and new loan originations following the collapse of crypto exchange FTX. The swift…
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Distributed ledger technology may mean ‘elimination of clearing is clearly possible’
Jos Dijsselhof, chief executive of SIX Group, said exchanges could potentially ditch existing infrastructure and rely solely on distributed ledger…
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FCA hunts for 15 crypto hires as new rules take shape: ‘We are recruiting at pace’
The Financial Conduct Authority is on the hunt for at least 15 people with crypto expertise across both junior and…
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