Pinterest Fires Engineers for Identifying Sacked Staff
Pinterest has dismissed two engineers who developed software to identify colleagues affected by recent job cuts, violating company policy and privacy.
Pinterest has dismissed two engineers who developed software to identify colleagues affected by recent job cuts, violating company policy and privacy.
Santander reports record €20.9bn global profit for 2025, but UK operations are hampered by a £295m motor finance provision. The bank also announces a $12.2bn acquisition of Webster Financial in the US.
UBS's investment banking division reported a 34% increase in quarterly profit, driven by strong trading and wealth management, even as global deal-making activity declined.
Baird, the US investment bank, is aggressively targeting the European mergers and acquisitions market following a significant hiring spree, aiming to capitalise on cross-border deal opportunities.
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RecommendedNewly released emails show Jeffrey Epstein maintained connections with tech billionaires like Elon Musk and Jeff Bezos years after his prison release for sex offenses, attending exclusive dinners.
Crispin Odey, founder of Odey Asset Management, reportedly told his executive committee that human resources law did not matter at his hedge fund, sparking controversy and scrutiny over workplace practices.
Netflix co-CEO Ted Sarandos testified before a Senate subcommittee, facing intense questioning on competition, job losses, and accusations of promoting 'woke' content to children during the Warner Bros Discovery acquisition hearing.
Elon Musk's merger of SpaceX with xAI at a $1.25tn valuation raises concerns among minority shareholders, who see it as a bailout for the loss-making AI firm.
Newly released Jeffrey Epstein files reveal Peter Mandelson lobbied JP Morgan to underwrite Nat Rothschild's £700m mining venture while serving as business secretary.
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RecommendedCourt filings reveal Crispin Odey's hedge fund uncovered nearly 50 allegations of inappropriate behaviour against the founder over 17 years, as he battles FCA ban.
X Factor legend Chico Slimani details how a Dubai investment scam left him penniless, leading to his transformation into a wellness guru with BlockFit.
Elon Musk's SpaceX has acquired his AI startup xAI in a landmark $1 trillion merger, creating the world's most valuable company valued at over $1.25 trillion.
Katie Price's family expresses deep concern over her rapid marriage to Lee Andrews, with sources warning of potential fallout amid revelations about his past.
Disney has announced Josh D'Amaro as its next chief executive, marking a significant leadership transition after Bob Iger's return to stabilise the company following a problematic succession.
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RecommendedYoghurt giant Muller is taking HMRC to the Court of Appeal in a legal dispute about claiming corporation tax breaks on goodwill and brands through internal partnerships.
JPMorgan Chase has promoted two senior executives, John Hillery and James Wiltz, to lead its global banking operations in Europe, signalling a strategic focus on the region's financial markets.
GAMCO Investors proposes David Schachter for Saba Capital Management fund boards to address trading gaps and enhance investor protection.
Houlihan Lokey has strengthened its German investment banking team by hiring two senior professionals from Baird, signalling a strategic push in the European market.
AG Barr, owner of Irn-Bru and Boost, sees shares rise 6% after acquiring Fentimans for £38m and Frobishers for £13m, forecasting double-digit profit growth.
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RecommendedA senior banker specialising in financial sponsors has departed Bank of America to join a leading firm in the sector, marking a significant move in London's competitive banking landscape.
Private equity firms are advised to exercise caution as regulators increase oversight of their acquisitions in the wealth management sector, amid a surge in deal activity.
The family of a mother who died after being trapped overnight in a supermarket freezer in Miami is suing the store manager for negligence and failing to implement safety procedures.
London fintech CAB Payments has rejected an increased £213m takeover proposal from Helios Investment Partners, calling it 'highly opportunistic' and undervaluing the company's future prospects.
British investor Michael Flacks is reportedly preparing a bid for government-controlled British Steel, with plans to combine it with an Italian plant to create a major European metals group.
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RecommendedBrad Karp, chairman of elite law firm Paul Weiss, appears in Jeffrey Epstein documents requesting personal favours and discussing visa matters via email correspondence.
Herbert Smith Freehills and Kramer Levin Naftalis & Frankel implement stricter cost controls as they compete for top legal talent in a challenging market.
ING has recruited James Critien from JPMorgan to head its rates trading division in London, aiming to strengthen its fixed-income business amid competitive markets.
CBI senior council chair Peter Hogg appointed as Arcadis' country director for UK and Ireland, bringing 28 years of infrastructure expertise to drive sustainable design initiatives.
Kim Kardashian reportedly enjoyed a romantic weekend with Lewis Hamilton at a luxury Cotswolds hotel, sparking speculation about their relationship status.
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RecommendedDiscover the Pride of Finance's Rising Stars, a list highlighting 20 exceptional young professionals shaping the future of the UK's financial sector with innovation and diversity.