Businesses Host 280 Female Students To Shine a Light on Careers in The City March 12, 2024 Last week the Square Mile hosted 280 young people for We Can Be 2024, allowing them to gain an exclusive glimpse into some of The City’s most prominent businesses. Part of The Lord Mayor’s Appeal’s aim to create A Better City For All, the annual initiative matches 18 schools from London and Suffolk with 18 [...]
Talent wars: New City bankers rake in £63k before bonus April 17, 2022 Entry level banking analysts can now expect a base salary of £63,000 before bonus as the City continue to drive up pack packets for new joiners. According to a report from professional services recruiter Dartmouth and as reported by the Telegraph, this is a jump of more than a quarter on last year figures. Whilst [...]
UK to take ‘back seat’ as EU leads the way for Big Tech regulation June 20, 2022 Departing chief of the UK competition watchdog has warned that the UK risks falling behind its European cousins after the government backtracked on giving the regulator enhanced powers to hold Big Tech to account. Speaking to the Financial Times, Andrea Coscelli said that the UK will become a “rule taker” rather than leader in this [...]
Baker McKenzie ups pay for new lawyers to £110,000 a year July 12, 2022 Baker McKenzie has given newly qualified (NQ) lawyers in its London offices £5,000 pay rises after upping their salaries to £110,000 a year. The Chicago headquartered law firm said its freshly trained lawyers will see their base pay surge to heights of £110,000 plus bonuses. The pay hikes mean Baker McKenzie’s trainees will now see [...]
City Moves: Who’s switching jobs in the Square Mile? September 15, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Boreal IM Pan-European real estate investment manager Boreal IM has hired an ex-Merrill Lynch investor as a partner. Nikos Koulouras, the former head of investments at investment advisor AEW, brings over 20 years of experience to the firm’s London office. Koulouras is set to focus on the development [...]
Slaughter and May ups pay for new lawyers to £115,000 a year as talent war rages on April 12, 2022 Slaughter & May has given its newly-qualified lawyers a seven per cent pay rise after upping their salaries to heights of £115,000. The pay hike will see Slaughter & May’s NQs see their salaries jump from current rates of £107,500 to £115,000 a year from May. Slaughter & May also said it would pay out [...]
Succession: CMA would block a Waystar merger just like Microsoft – and it hurts Britain June 2, 2023 No spoilers, I promise. Succession builds towards its climax. Logan Roy, played by a full tilt Brian Cox, is trying to finalise a merger between his media conglomerate Waystar Royco – a hybrid of News Corporation and Disney – and the up and coming tech business GoJo. Imagine the final scenes. Months of globe-trotting negotiations [...]
CMS hikes pay for newly qualified lawyers to £100,000 a year July 8, 2022 CMS has upped pay for its newly-qualified (NQ) lawyers for second time in a year, after raising their salaries to sums of £100,000 a year. The £5,000 pay rise for CMS’ freshly trained lawyers comes just a few months after the firm upped pay for its NQs to £95,000 a year in December 2021, according [...]
Natwest: Why there may be a problem with Telling Sid November 30, 2023 The Chancellor called for a revival of 'Tell Sid' investment culture in his autumn statement last week. But there may be a problem...
Hogan Lovells hikes NQ pay to match London’s Magic Circle April 7, 2022 Anglo-American law firm Hogan Lovells has put itself on par with the Magic Circle in hiking salaries paid out to its newly-qualified lawyers to £107,500 a year. The law firm is set to give its freshly trained lawyers a 7.5 per cent pay boost after upping their salaries from £100,000. The pay hike puts Hogan [...]