City London Financial News

Debbie Crosbie isn't a 'banker' in the M&A sense, but she does run a bank, and she is doing the kind of deal that will make the actual Financial Institutions Group (FIG) bankers at UBS who are working with her feel vindicated in their career choices. 

If anyone has a bad word to say about Filippo Gori, the new co-head of banking at JPMorgan, they're not saying it. Instead, all indications are that 49 year-old Gori, who was promoted last week to become co-head of banking alongside Doug Petno when Vis Raghavan left, is very popular indeed.

Balyasny Asset Management, the multistrategy hedge fund co-founded by the comparatively jolly personage of Dmitry Balyasny, has promoted a new class of partners. 

Fresh from announcing bonuses, which were down a mere 10% or so according to Bloomberg, Deutsche Bank has promoted a new class of managing directors (MDs).  

Credit Suisse bankers have been showing up everywhere you could image, from ING to SMBC to Deutsche Bank. Now there’s a new place that’s hiring Credit Suisse people – BBVA.

Balyasny Asset Management (BAM) appears to have made one of Millennium's London portfolio managers an offer he couldn't refuse. 

Navigating the treacherous waters of French Banks' neo-favoritism can be akin to a dicey game of Monopoly played in a dimly lit alley. Picture this: nestled in the heart of London's financial hub, there existed a manager by the name of Brunon «The Terrible.» Oh, Brunon was quite the character, notorious for his formidable presence on the trading floor and his uncanny ability to dodge the bill at the local pub after a long day's work.

Weir will become head of UK domestic, effective from 6 June. She will be responsible for driving commercial success and delivery of the firm's UK domestic strategy. She will be based in London and report to head of private bank wealth management for the UK and crown dependencies Annabelle Bryde. Barclays names private bank and wealth management CEO The hire follows a series of changes across the bank as part of a division and management overhaul. The most notable in the private bank was the promotion of Sarah Wiggins to CEO. Weir spent over three years at Brown Shipley, starting...

The media magnate turns 93 next week and is planning to get married again.

NEW DELHI : New Delhi: British art auction house Sotheby's is attempting to cater to young Indian art collectors, who are now more comfortable about art and about spending on them, through different initiatives. The auction house is also proactively introducing new artists to its platform to provide more choices to the young collector, a senior official of the company said in an interview.

digital brokerage eToro is seeking a valuation of more than $3.5 billion and considers the U.S. a potential destination to list its shares, the Financial Times reported on Sunday. The retail trading platform is weighing an initial public offering (IPO) in New York or London, CEO Yoni Assia told the newspaper, adding that a US listing would give the company access to a broader range of investors than a presence on the British market.

Rupert Murdoch, who turns 93 next week, has been married four times — and is engaged again, his representative said Saturday. He plans to marry Elena Zhukova, 67, a Russian-born retired scientist he met last year. Her ex-husband Alexander Zhukov is a billionaire energy investor and Russian politician. Their daughter Dasha was previously married to Russian billionaire Roman Abramovich, who used to own the Premier League football club Chelsea.

In an insightful interview, Piers Ridyard, CEO of the decentralized network Radix DLT, discussed his “wild ride” through the worlds of smart contracts and Y Combinator.

As many professional workers have settled into now well established hybrid work patterns, banks and other financial services companies have stood out in recent weeks for the battles they are still having with staff.

Elara Capital India has appointed Manoj Kohli, former country head of Softbank India, as non-executive chairman of its board, said a company statement on Thursday. “Elara Capital will extensively benefit from Manoj’s extensive business and leadership skills to help strengthen our business focus. His guidance will be invaluable to us to further strengthen our client offerings and achieve our growth plans,” said Raj Bhatt, chairman, Elara Capital.

A growing number of climate-conscious Europeans want to give up flying in favor of long-haul trains, especially younger travelers

By Saqib Iqbal Ahmed

Bitcoin’s price is in sight of an all-time high and the crypto faithful are on tenterhooks waiting for a never-before-seen level. But in market value terms the token already touched a record.

Homes priced at under $500,000 are becoming a rarity in Ontario, with fewer than one in five dwellings falling under that threshold, new data from a government-run property assessment group shows.

By Marc Jones, Xie Yu and Scott Murdoch

extremist Islamist views from countries such as Pakistan, Afghanistan and Indonesia will be blocked from entering Britain under new plans being drafted by the government, according to a UK media report on Sunday. 'The Daily Telegraph' reports that the British government is concerned about a «shocking increase» in extremist activity and officials are being deputed to identify the most dangerous extremists from overseas so they can be added to visa warning lists. Under the new plans, those on the list will be automatically refused entry to the UK. The revelation comes days after British Prime Minister Rishi Sunak delivered an impassioned speech from the podium at 10 Downing Street in London, warning that the country's democratic and multi-faith values were under threat by extremists.