Junior Lawyers at Morrison Foerster Must Create Business Plans
Morrison Foerster junior associates must create business development plans to win new clients, a strategy shift for the Am Law 50 firm.
Category : Corporate
DWS Rebrand: Vorsprung Durch Technik Revival?
DWS rebrands with 'Vorsprung Durch Technik' motto to rejuvenate its image after greenwashing scandal. Can it restore trust?
Trump Threatens Strait of Hormuz Control, Iran Blockade
Donald Trump threatens to take control of the Strait of Hormuz, reimposes naval blockade on Iran, and demands 20% tariff on ships, causing oil price spike.
EasyJet Holidays spa resort lacked on-site spa or gym
A couple who paid £1,070 for a week at the Vasia Sea Retreat in Crete found no spa or gym on site; facilities were at other hotels an hour away.
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City target Bouaddi for £85m after World Cup
Manchester City are set to sign Lille's 18-year-old midfielder Ayyoub Bouaddi for €100m (£85m) after his impressive World Cup performances for Morocco.
UK's AI Ambitions: Eager Yet Wary of Full Commitment
The UK aims to catch up in the global AI race but fears risks like an AI bubble. The Bank of England plans to ease capital rules despite concerns over excessive AI stock investment.
Citi ECM Revenue Surges Following Wall Street Trend
Citigroup reported a significant increase in equity capital markets revenue, aligning with Wall Street peers, driven by a rebound in dealmaking and IPO activity.
Goldman Sachs Equity Underwriting Fees Jump 90%
Goldman Sachs reported a 90% surge in equity underwriting fees as large IPOs and secondary offerings return, generating $1.2 billion in Q3 2023.
JPMorgan traders push bank to record profit $49.6bn
JPMorgan Chase reported a record annual net income of $49.6 billion, driven by strong trading revenue and higher net interest income, according to its latest earnings.
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GAM fund managers increase Liontrust stake after overhaul call
GAM fund managers have increased their stake in Liontrust Asset Management to 5.1% after publicly calling for a strategic overhaul, including a potential sale or merger.
Benchmark Capital portfolio attracted numerous bidders
Benchmark Capital's portfolio drew interest from multiple bidders, but no deal materialized. Sources say the firm's holdings were highly coveted, yet a sale never happened.
US states sue to block $110bn Paramount-Warner Bros merger
A bipartisan coalition of 12 US state attorneys general filed a lawsuit on Monday to block the $110bn merger of Paramount Skydance and Warner Bros Discovery, citing harm to competition and higher consumer prices.
At 60, left marketing to become a barber; father's blessing moved him to tears
Phil Yates, 63, quit his marketing job to train as a barber. His father's approval was a pivotal moment. He now works at Hava & Co in Auckland, cutting hair with passion.
Yorkshire Water Error Paid Customer £6,800, Said 'Enjoy'
Yorkshire Water accidentally paid a Leeds customer nearly £7,000 in two installments, initially telling them to 'enjoy' the money before recovering it after Guardian Money intervened.
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27 Killed in Bangkok Pub Fire, 22 Injured
At least 27 people died and 22 were critically injured in a fire at a pub in Bangkok, Thailand, late Sunday. Officials call it the deadliest blaze in the tourism hub in recent years.
Aston Villa hijack Newcastle's £49m Manzambi deal
Aston Villa are set to sign Switzerland midfielder Johan Manzambi from Freiburg for £49m, hijacking Newcastle's pursuit after the World Cup.
Keystone Pipeline Operator to Pay $26.9M for Kansas Spill
Keystone pipeline operator South Bow agrees to pay $26.9 million civil penalty over 2022 Kansas oil spill, plus $40 million to prevent future accidents.
Andrey Santos explains Chelsea exit for £48m Man Utd move
Andrey Santos says it is an 'incredible feeling' to join Manchester United after completing a £48m transfer from Chelsea, citing the chance to learn from Michael Carrick.
Balyasny Secures Abu Dhabi Regulatory Approval
Hedge fund Balyasny Asset Management has secured regulatory approval from Abu Dhabi to expand operations in the Middle East, marking a key step in its regional growth strategy.
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Schroders Revamps Wealth Management Leadership
Schroders has restructured its wealth management leadership, appointing a new global head and regional heads to drive growth and integrate private assets.
Wall Street Bumper Earnings: Can Momentum Last?
Wall Street's bumper earnings streak faces sustainability questions as interest rate cuts and dealmaking surge drive profits, but analysts warn of headwinds ahead.
Milbank Wants Leveraged Finance Lawyers Early On
Milbank partner Suhrud Mehta says the firm aims to recruit lawyers specializing in leveraged finance from the outset, reflecting a strategic focus on this practice area.
Rathbones Fiasco Revives KYC Utility Dream
The Rathbones fiasco has reignited discussions about creating an industry-wide utility for KYC checks to reduce costs and improve efficiency.
UBS Asia Deal Chiefs Aim to Retain Top-3 Rank
UBS's Asia dealmaking heads target holding top-three M&A position after integrating Credit Suisse's bankers, boosting market share in a competitive region.
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Software Engineers Adapt to AI: Layoffs, New Skills, Action
Software engineers face AI disruption with layoffs, skill shifts, and unionization. Learn how they adapt to a changing industry.
Reeves to Launch City 'Skills Compact' for AI Retraining
Chancellor Rachel Reeves announces a City 'skills compact' committing firms like Barclays and Lloyds to retrain thousands of financial sector workers for the AI revolution.
Xavier Niel becomes Vodafone's largest shareholder with £4.4bn stake
French telecoms billionaire Xavier Niel acquired a 16% stake in Vodafone for £4.4bn, becoming the largest shareholder after Emirati group e& sold its entire shareholding.
Klopp reveals failed private jet bid for Mbappé
Jürgen Klopp disclosed Liverpool's extraordinary efforts to sign teenage Kylian Mbappé, including a private jet meeting with his family, before he joined PSG.
Jupiter bucks City trend as summer working rules return
Jupiter Asset Management requires staff in office five days a week, bucking City trend as rivals relax summer rules.
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Ex-IA Boss Chris Cummings Joins Vanguard UK Board
Chris Cummings, former CEO of the Investment Association, has been appointed to Vanguard's UK board, bringing regulatory and asset management expertise.
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