UBS COO Exits, Cboe Unveils Leadership Changes
UBS Asset Management's Chief Operating Officer has left the firm, while Cboe Global Markets reveals a series of executive appointments in a strategic leadership overhaul.
Category : Corporate
AstraZeneca Invests £11bn in China After UK Row
Britain's largest pharmaceutical firm AstraZeneca announces a $15bn investment in China during Keir Starmer's visit, following tensions with the UK government over drug pricing that led to paused domestic expansions.
Five Bankers Get Libor Conviction Appeal Chance
The UK's Criminal Cases Review Commission refers five former traders' rate-rigging convictions to the Court of Appeal following landmark Supreme Court decisions.
Lloyds CEO: Bankers Must Reskill for AI Revolution
Lloyds Banking Group CEO Charlie Nunn warns AI will radically change financial services, requiring staff to reskill while creating new roles and boosting profits.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Fujitsu European Boss Steps Down in Scandal Aftermath
Paul Patterson, Fujitsu's European CEO, will step down in March but remain as UK non-executive chair to oversee the firm's response to the Post Office Horizon inquiry.
Lazard Doubles MD Hires Amid Record Advisory Fees
Lazard has doubled its managing director hires in London as advisory fees hit a record high, driven by strong deal activity in the UK market.
Mining M&A Hits $93.7bn Record High in 2025
Global mining sector merger and acquisition activity reached its highest annual total since 2012, driven by demand for critical minerals like gold, lithium, and cobalt amid AI and clean energy growth.
Big Tech Fines Fail to Deter as Cash Flow Absorbs Costs
Major tech firms like Alphabet, Apple, Meta and Amazon faced $7.8bn in fines in 2025, but could pay them in under a month using free cash flow, raising questions about regulatory effectiveness.
Ocado Hit as Canadian Partner Closes Robotic Warehouse
Ocado shares plummet nearly 10% after Canadian partner Sobeys announces closure of Calgary robotic warehouse, marking another setback for the UK online delivery group's expansion strategy.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Santander Closes 44 UK Branches, 300 Jobs at Risk
Santander UK is closing 44 branches, putting nearly 300 jobs at risk, as it prepares for its £2.6bn takeover of TSB. The move reflects a shift to digital banking.
This Bank's Bland Rebrand: A Corporate Identity Crisis
City Editor Simon Hunt critiques This Bank's unimaginative corporate rebrand from JN Bank, comparing it to historic branding failures like Abrdn and Consignia.
Lloyds Launches £1.8bn Buyback After Profit Beat
Lloyds Banking Group has launched a £1.8bn share buyback programme after reporting better-than-expected 2025 profits, with pre-tax earnings reaching £6.7bn.
Tesla Axes EV Models in Robotics Revenue Drive
Tesla discontinues Model S and X production to focus on robotics and AI, with $20bn investment amid revenue decline and competitive EV market pressures.
Deutsche Bank Profit Jumps 32% as Deal-Making Slips
Deutsche Bank's investment banking division reports a 32% profit increase to €1.3 billion, even as deal-making revenue falls sharply amid market challenges.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Houlihan Lokey Revenue Up 13% on M&A Fees
Investment bank Houlihan Lokey reports a 13% increase in revenue, fuelled by higher fees from mergers and acquisitions activities in the latest financial period.
Tesla Revenue Drops 11% Amid AI Pivot
Tesla reports first-ever yearly revenue decline with automotive revenues down 11% in 2025, as Elon Musk redirects focus toward robotics and AI technologies.
Bank of America Promotes Lo Piccolo to Lead Italy
Bank of America has promoted Andrea Lo Piccolo to lead its operations in Italy, a strategic move to strengthen its presence in the European market.
Nicola Peltz's $1M Monthly Allowance Exposed
Nicola Peltz reportedly receives a $1 million monthly allowance from her billionaire father, amid family drama with the Beckhams. Details on her lifestyle and spending habits.
Amazon Confirms 16,000 Job Cuts After Email Error
Amazon has announced 16,000 global redundancies after an internal email was mistakenly sent to staff, bringing total white-collar cuts to 30,000 in six months.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Deutsche Bank Offices Raided by German Prosecutors
German prosecutors have executed search warrants at Deutsche Bank offices in Frankfurt, investigating potential compliance failures related to money laundering and terrorist financing.
KKR in Talks for £2.4bn CVC Sports Stake
KKR is negotiating a £2.4bn deal to invest in CVC's Global Sport Group, which holds stakes in Six Nations Rugby, women's tennis, and European football leagues.
BlueCrest Fights £200m Tax Ruling as HMRC Battle Begins
BlueCrest Capital Management has launched a fierce defence against a £200m tax bill from HMRC, criticising the ruling as 'hopelessly vague' in a high-stakes legal battle.
Hakluyt Taps Sedwill and Boro for Board Roles
Strategic advisory firm Hakluyt strengthens its board with former cabinet secretary Lord Mark Sedwill and Economist Group CEO Lara Boro, enhancing its geopolitical and digital expertise.
Amazon to Cut 16,000 Jobs in Global Restructuring
Amazon has confirmed plans to cut approximately 16,000 jobs worldwide as part of a strategic effort to streamline operations and reduce bureaucracy across the business.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Amazon Job Cuts Revealed in Error Email
Amazon accidentally disclosed fresh global job cuts in an email sent in error to AWS workers, referencing 'Project Dawn' and affecting US, Canada, and Costa Rica roles.
Fitzwalter's Final Bid for Auction Tech Group
Fitzwalter Capital makes a final 400p per share cash offer for Auction Technology Group, warning shareholders risk missing out if the board restricts due diligence access.
Santander Hires Barclays' Lindop for Metals & Mining Deals
Santander has recruited James Lindop from Barclays to head its metals and mining investment banking division, aiming to boost dealmaking in the sector.
Deutsche Numis Trims Senior Dealmakers in Strategy Shift
Deutsche Numis reduces senior dealmaking roles in London despite a planned hiring spree, reflecting strategic adjustments in the competitive investment banking sector.
Man Group Hires Former HSBC Europe Boss Bell
Investment firm Man Group has recruited former HSBC Europe head John Bell to bolster its leadership team, marking a significant strategic move in the financial sector.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Citigroup Hikes London Dealmaker Bonuses by 15%
Citigroup has increased bonuses for its London-based dealmakers by up to 15%, aiming to retain top talent in a competitive financial market.
Page 18 of 33
