City job openings set for ‘slight recovery’ after election-fuelled slump August 27, 2024 Recruitment for London finance jobs is expected to stage a "slight recovery" under the new Labour government, according to new research.
European banks’ US deal fee share nearly halves in a decade August 19, 2024 European banks' share of US dealmaking fees has almost halved in a decade, new data has shown, as EU lenders push to grow their presence in the world's biggest market for investment banking.
UK’s largest pension fund agrees £405m homes deal with Blackstone August 13, 2024 The UK’s largest pension fund has acquired 3,000 homes from Blackstone for more than £400m. The Universities Superannuation Scheme (USS) has snapped up the portfolio of shared ownership homes from affordable housing company, Sage. Sage is majority-owned by Blackstone alongside real estate investor Regis and was formed in 2017. The £405m deal is the first [...]
Arm Mk 2: Another British tech firm snubs London for New York float September 17, 2023 Imagination, which licences designs to companies including Apple, has quietly registered for a public listing in New York
Amanda Staveley slashes £1.6bn claim against Barclays in half, High Court hears October 12, 2020 Financier Amanda Staveley has cut her £1.6bn damages claim against Barclays by more than half, the High Court heard. Staveley’s private equity firm, PCP Capital Partners, is claiming a loss of around £660m from the bank, according to PCP’s closing statement. Lawyers for Barclays said PCP was now claiming a maximum of £771m, down from [...]
UK gets another upgrade but Labour’s growth target looks ‘unlikely’, PwC says July 17, 2024 New forecasts from PwC suggest the UK will grow around one per cent this year, up from the 0.5 per cent projected by the firm at the end of last year.
HSBC leads Sizewell C investment push as time ticks on final investment decision March 14, 2024 Britain’s largest bank by market capitalisation is trying to rally an effort to push a final investment decision over the line for the delayed Sizewell C nuclear super project. According to a Bloomberg report today, HSBC is discussing the possibility with investment funds to provide a debt facility that would be guaranteed by the UK’s [...]
Big Four banks bag extra £6.5bn from past interest rate hikes amid profiteering concerns November 2, 2023 The UK’s four biggest banks have collectively made an extra £6.5bn this year off the back of past interest rate hikes, says new analysis.
Morgan Stanley to stay in Canary Wharf in boost to struggling banking district March 10, 2024 Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district.
Inditex: Zara owner unfazed by wet weather as viral Tiktok clothing drives sales June 6, 2024 The owner of Zara, Bershka and Pull and Bear, has hailed a strong start to the summer as wet weather did not seem to deter shoppers from hitting the high street.