St James's Place Rejects Unpaid Debt Claims by Ex-Adviser
St James's Place has rejected claims from a former adviser who alleges the wealth manager owes him millions in unpaid debts, calling the allegations unfounded.
Category : Corporate
Jim Leaviss, Ex-M&G Bond Vigilante, Dies at 55
Jim Leaviss, the former M&G Investments bond fund manager known as a 'bond vigilante', has died aged 55. He managed up to £25bn in assets and was a prominent voice in fixed income.
Lawyer Criticises St James's Place Tactics in Former Adviser Case
A lawyer representing a former adviser accused St James's Place of using 'aggressive' tactics to hide evidence, highlighting a dispute over client records and confidentiality.
Evercore Pay Costs Surge 53% Amid M&A Boom Hiring
Evercore's compensation expenses surged 53% in 2024 as the investment bank hired aggressively to capitalize on a booming M&A market, according to its latest earnings report.
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Take Privates Can Cost Law Firms Clients
Law firms risk losing clients if they advise on take-privates, as conflicts of interest arise. A new report warns that firms must carefully manage these situations.
Macfarlanes Partner Pay Flat Despite Revenue Jump
Macfarlanes saw revenue rise 16% to £243m but average partner profit fell 7% to £1.1m, as costs and investments weighed on profitability.
Ex-Brevan Howard Middle East CEO joins Vitruvian Partners
Former Brevan Howard Middle East CEO joins private equity firm Vitruvian Partners as a senior advisor, bringing extensive investment experience.
Rathbones: FCA Probe Key Priority After Demanding H1
Rathbones reports a challenging first half with the FCA investigation into its wealth management services remaining a top priority, impacting financial results and client sentiment.
Aberdeen profit up 21% on record Interactive Investor flows
Aberdeen's pre-tax profit surged 21% to £307 million in 2024, driven by record inflows at Interactive Investor and higher fee income.
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St James's Place inflows fall as overhaul continues
St James's Place reported a 9% drop in gross inflows to £4.3bn in Q3 2024 as the wealth manager continues its strategic overhaul amid regulatory changes.
Deutsche Bank Investment Profit Up 59% on Dealmaking
Deutsche Bank's investment banking division saw a 59% surge in pre-tax profit to €1.2bn in Q1 2025, driven by a boom in dealmaking and advisory fees, outpacing rivals.
Unilever Warns of More Price Hikes Amid Rising Costs
Unilever warns of further price rises as it faces growing costs, despite strong sales growth in Q2 driven by brand loyalty and World Cup marketing.
Dymon Asia Hires Sai Poddutur for Dubai Trading Desk
Dymon Asia hires ex-Balyasnys trader Sai Poddutur to establish a Dubai trading pod, expanding its Middle East presence amid growing investor interest.
FCM Travel secures 10-year Arcadis contract
FCM Travel has been awarded a 10-year contract to manage global travel for Arcadis, a leading design and consultancy firm, covering over 36,000 employees across 30 countries.
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PJT Partners Posts Record Fees on M&A Boom
PJT Partners reported record advisory fees of $1.15 billion in 2024, driven by a surge in M&A activity and restructuring mandates, according to the firm.
Dragons' Den £100 startup lands Asda deal, worth £250k
Brendon and Jaydon Manders, who founded Lumberjaxe with just £100, secured a £90,000 investment from Emma Grede. Their seasoning sachets are now in Asda, with repeat orders boosting turnover by 200% and doubling their workforce.
UniCredit UK Team Grows with Khan, Tusa Hires
UniCredit has hired investment bankers Javed Khan and Paolo Tusa to strengthen its UK team, signaling expansion in London.
Thomas Murray launches CyberResponse Service for finance
Thomas Murray has launched CyberResponse, a new service to help financial firms manage cyber incidents, offering rapid response and recovery support to minimize operational disruption.
Tavistock Acquires Plus Group in AI Strategy Move
Wealth manager Tavistock has acquired Plus Group for £12.5 million, integrating AI technology to enhance financial advisory services and expand its market reach.
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Barclays Investment Bank Profits Surge 32% on Dealmaking
Barclays’ investment bank profits jumped 32% in Q3 2024, driven by a surge in dealmaking and equity trading, according to the bank’s latest earnings report.
DCC Energy agrees £5.75bn takeover by private equity firms
DCC Energy, a FTSE 100 energy firm, has agreed a £5.75bn takeover by KKR and Energy Capital Partners despite opposition from its founder and major shareholders, highlighting the exodus of UK-listed companies.
Man City hopeful Rodri signs new deal amid Real Madrid interest
Manchester City are optimistic Rodri will sign a new contract, but Real Madrid are preparing a bid after his World Cup heroics. The midfielder's deal expires in June 2027.
Capcom aims for annual Resident Evil releases with remakes
Capcom producer Masachika Kawata confirms the company aims to release a Resident Evil game every year, using remakes to bridge gaps between new titles and fund new IP like Pragmata.
Heathrow expansion displaces jobs from UK regions
Heathrow expansion could displace thousands of jobs from UK regions, with Birmingham losing 7.5m passengers annually by 2050, according to DfT analysis.
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Nissan Repairs Driving Instructor's Faulty Car for Free
After a driving instructor's Nissan Qashqai suffered repeated faults, Nissan agreed to cover all repair costs, resolving the dispute without legal action.
Katie McGlynn hides EastEnders star Max Bowden after past hurt
Former Coronation Street star Katie McGlynn is taking extreme measures to keep her romance with ex-EastEnders actor Max Bowden private after her public breakup with TOWIE's Ricky Rayment.
Mizuho European Boss: We Need to Be Among the Usual Suspects
Mizuho's European head Ponsonby sets ambitious targets to compete with top investment banks in Europe, aiming for top-tier status and increased market share.
Ben Summerfield: Leading Morrison Foerster London
Ben Summerfield shares his journey to becoming managing partner of Morrison Foerster's London office, highlighting key deals and leadership insights.
Magic Circle Firms Slow US Hiring as Talent War Heats
Magic Circle law firms are slowing US hiring due to a heated talent war, with some reducing partner recruitment by 20% as competition intensifies.
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AI Helps Small Businesses Keep Workers, Not Replace Them
Small businesses are using AI to help employees work more efficiently, while corporate America uses it to cut jobs. A window-and-door company invested $10,000 in an AI app that automates quotes, saving time and reducing errors.
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