US Banks Gain Share as Deal Fees Surge 16%
US investment banks increased their share of global M&A fees to 53% in 2024 as total deal fees rose 16% to $68 billion, driven by a rebound in large transactions.
Category : Corporate
Macfarlanes raises junior lawyer pay to £150,000
Macfarlanes has increased pay for newly qualified lawyers to £150,000, matching top City firms amid fierce competition for talent.
Quilter CEO: Asset Managers Must Cut Fees or Face Consolidation
Quilter CEO Steven Levin warns asset managers to reduce fees or face consolidation, highlighting a shift to cheaper passive funds and margin pressure.
Trump made over $2bn last year from crypto, bibles, watches
President Trump cashed in on more than $2bn from crypto, bibles, watches and other ventures last year, turning digital tokens and merchandise into unprecedented revenue.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Brighton agree £50m deal for Tottenham's Luka Vuskovic
Brighton have agreed a deal worth up to £50m for Tottenham defender Luka Vuskovic, who has never played for Spurs. The 19-year-old Croatia star impressed on loan at Hamburg.
Trump made $2.2bn in 2025, led by crypto income
Donald Trump's financial disclosures reveal he made over $2.2bn in 2025, including $1.2bn from crypto businesses, raising conflict-of-interest concerns as he deregulates the industry.
PwC UK Partner Promotions Rise Slightly in 2024
PwC UK promoted 60 new partners in 2024, up from 56 in 2023, with a focus on advisory and tax roles amid steady demand.
Polar Capital CEO Eyes US Growth with New Hires
Polar Capital's CEO plans US expansion by hiring US-based portfolio managers and analysts to increase assets under management in the region.
Romesh Ranganathan 'gutted' as heatwaves close bakery chain
Romesh Ranganathan's bakery chain Coughlans Bakery closes after heatwaves and tax hikes. The 89-year-old business went into voluntary liquidation, citing 50% revenue loss.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
HSBC Hit by $162M Losses from Fintech Flop Zing
HSBC suffered $162 million in losses from its failed fintech venture Zing, leading to a strategic rethink of its digital banking approach.
Millennium Hires Ex-BNP Trader for Zug Office
Millennium Management has hired a former BNP Paribas trader to expand its Zug office, strengthening its Swiss presence and quantitative trading capabilities.
IO Interactive layoffs as Xbox pulls funding on Project Fantasy
Microsoft has pulled funding from IO Interactive's Project Fantasy, leading to layoffs at the 007 developer. Xbox is also considering closing Arkane, risking Blade cancellation.
Liberal Party rebranding efforts examined
A visual analysis reveals the Liberal Party's strategic rebranding efforts, aiming to modernize its image and appeal to younger voters ahead of the next election.
Bessent Warns Oil Companies: 'We're Watching' Prices
US Treasury Secretary Scott Bessent warned oil and gas companies to lower prices, saying 'we're watching,' after President Trump demanded retailers drop gas prices to $2.50 a gallon.
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 Buys Ex-Barclays Boss's Boutique Intrepid
Houlihan Lokey acquires Intrepid Financial Partners, founded by ex-Barclays investment bank boss John McGee, boosting energy advisory.
Jefferies dealmaker Raphael to join Ardian
Jefferies M&A dealmaker Raphael is leaving to join private equity firm Ardian, marking a notable shift from investment banking to private equity.
Morgan Lewis plans London expansion for more deals
Morgan Lewis is expanding its London office to win more M&A deals, adding partners from competitors and focusing on private equity.
Xbox layoffs might be largest in gaming history, insider says
Game designer George Broussard claims Xbox's upcoming layoffs could be the largest single layoff event in gaming history, with multiple studio closures expected.
AG Increases Bonus Pool in Talent Battle
Addleshaw Goddard has increased its bonus pool by 20% to £15m to retain and attract top legal talent amid intense competition in the UK legal 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
Binzhou's Leap to Intelligent Manufacturing
Binzhou, a city in China's Shandong province, has successfully transformed from traditional manufacturing to intelligent manufacturing, boosting economic growth and innovation.
Eisler Capital Co-Founder Joins Gemcorp Leadership
Eisler Capital founding partner Carey Nemeth has joined Gemcorp's executive leadership team, bringing extensive experience in emerging markets and commodity trading.
What Next for UK's Private Stock Markets?
The UK's private stock markets face regulatory changes and growth opportunities as companies seek alternatives to public listings.
Bournemouth reject Arsenal, Man Utd interest in Alex Scott
Bournemouth insist Alex Scott is not for sale despite Arsenal, Manchester United and Chelsea interest, with the midfielder valued at £60m and two years left on his contract.
London cafe fights Mitchells & Butlers over slogan trademark
Coffee Studio owner Tahir Mehmet opposes Mitchells & Butlers' claim that 'Eat Drink Work' infringes its 'Eat Drink Meet' trademark, calling it a fight for small businesses.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Standard Chartered Revs Up M&A Push
Standard Chartered is aggressively expanding its M&A advisory business, hiring senior bankers from rivals to boost dealmaking in Asia and Africa.
City Fund Manager Backs Reform UK's Robert Jenrick
A City fund manager is financially supporting Reform UK's Robert Jenrick, providing significant donations to his political campaign.
StanChart M&A Boss Seeks to Double Down After Hiring Spree
Standard Chartered's M&A head plans to double deal activity after a hiring spree, targeting Asia-focused cross-border transactions amid a rebound in investment banking.
Cleary Gottlieb Hires Fried Frank Partner for Funds
Cleary Gottlieb has hired a partner from Fried Frank to bolster its funds practice, marking the latest move in a series of lateral hires between the two firms.
Schroders shareholders cash in ahead of Nuveen deal talk
Schroders shareholders have sold shares worth £1.2bn in recent weeks, ahead of a potential takeover by Nuveen, as time is money in the deal-making game.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
FN's Leaders in Finance: Three Profiles
Financial News profiles three leaders in finance who are driving change in the industry, showcasing their achievements and impact.
Page 4 of 56
