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.
Category : Corporate
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.
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.
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.
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.
St. James's Place to Pay Partners More Frequently
St. James's Place will pay partners more frequently to stem exits, with 400 advisers leaving in 2024 amid fee changes and regulatory pressure.
Lazard CEO: MD Overhaul Starting to Pay Off
Lazard CEO Peter Orszag reports that the bank's managing director restructuring is yielding results, with improved productivity and client satisfaction.
JPMorgan poaches UBS veteran, Citi boosts tech team
JPMorgan has hired a veteran trader from UBS for its equities team, while Citi is expanding its technology workforce to enhance digital offerings.
Liverpool primed for business: Bezos, Bhatia and the next steps
A consortium led by Amit Bhatia, son-in-law of Lakshmi Mittal, has opened talks with Fenway Sports Group over a £1.35bn deal for about 30% of Liverpool, valuing the club at £4.5bn.
Democrats propose bank funded by China tariffs for US manufacturing
Democratic lawmakers have introduced the Industrial Bank for American Manufacturing Act, a bill to create a bank funded by up to $15bn annually from China tariffs to support US manufacturing.
Andoni Iraola: collectivism key to Spanish success and Liverpool role
Andoni Iraola explains how collective values drive Spanish coaching success and his plans to restore team unity at Liverpool, prioritizing the team over the individual.
US Prosecutes Cop City Protester Over Phone OS
The US Department of Justice is prosecuting Sam Tunick for having GrapheneOS on his phone, an open-source OS that allows wiping data, in a case experts say may be unprecedented.
Jeff Bezos mulling Liverpool FC stake purchase
Jeff Bezos, worth over $250bn, is reportedly considering buying a stake in Liverpool FC, joining a consortium led by Amit Bhatia, who left QPR's board this week.
HSF Kramer posts $2.4bn revenue following merger
Herbert Smith Freehills Kramer reported $2.4bn revenue for its first full year post-merger, with profit per equity partner rising 16% to $1.6m.
Healey's Tough Choices and SJP's Retention Troubles
Labour's Rachel Healey faces fiscal constraints, while SJP grapples with adviser retention issues. Key wealth management developments this week.
Worker's fake meeting hack to avoid office meetings goes viral
A senior leader at a UK sports organisation uses a fake meeting labeled 'FAMT' (F**k all meetings Tuesday) to free up time. HR experts weigh in on the trend.
Man Utd agree personal terms with Manu Kone
Manchester United have agreed personal terms with AS Roma midfielder Manu Kone, beating Arsenal and Chelsea to the £51m-rated France international, with an official bid expected soon.
Aquis Revenue Up 18% After Six Exchange Buy
Aquis Exchange reported an 18% revenue increase to £27.8m in 2024, driven by its acquisition of Six Exchange, which contributed £4.2m.
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