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.
Category : Search result: financial services restructuring
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
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.
ABF considers spinning off Primark in major shakeup
Associated British Foods explores separating Primark from its food empire in strategic review that could reshape UK retail landscape and unlock billions in value.
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.
HG Unveils Leadership Succession Plan in Strategic Overhaul
London-based financial consultancy HG announces major succession plan with founder Neil McArthur passing the baton to new leadership team in strategic overhaul.
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.
Salesforce UK profits surge 82% despite job cuts
Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.
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.
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.
Andrew Stripped of Prince Title in Royal Shake-Up
In a stunning constitutional shift, Prince Andrew has been formally stripped of his princely status and military affiliations. Discover the inside story behind this unprecedented royal restructuring and what it means for the monarchy's future.
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.
WPP job cuts as CEO condemns 'unacceptable' performance
Advertising giant WPP faces significant restructuring with hundreds of roles at risk after new CEO Mark Read condemns company's disappointing financial results and promises radical transformation.
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.
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.
CBS News Announces Major Staff Cuts in Restructuring
CBS News is undergoing significant workforce reductions as parent company Paramount Global implements sweeping cost-cutting measures, affecting both on-air talent and production staff across multiple divisions.
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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