City London Financial News

Brookfield Asset Management Ltd. has emerged as the frontrunner to acquire London-listed Network International Holdings PLC after interest from a consortium backed by CVC Capital Partners cooled, according to people familiar with the matter.

Brookfield Asset Management Ltd. has agreed to acquire London-listed Network International Holdings PLC for about £2.2 billion (US$2.8 billion) to expand its presence in credit card processing in the Middle East.

HSBC Holdings PLC is planning to leave its Canary Wharf headquarters and downsize to a smaller office in the City of London, the latest sign of how a shift to flexible work is reshaping demand for offices.

United Nations as one of its top transnational priorities and supported India's bid for permanent membership of the powerful Security Council. India has been at the forefront of the years-long efforts to reform the UN Security Council (UNSC), saying it rightly deserved a place as a permanent member of the United Nations. Currently, the UNSC has five permanent members — China, France, Russia, the UK and the US.

Money in the Bank is one such event of the WWE programming about which fans are over-excited even before it begins. This year, The event is expecting a top attraction with new anticipation that could change the WWE programming forever.WWE Money in the Bank is a WWE-hosted event. This year, it is going International in the UK and bringing some amazing news with bringing back Brock Lesnar in the event. The event is highly awaited, though Brock Lesnar's return to the event is great news but it is sure that his entry would be against Cody Rhodes. The event is taking place in 02 Arena in London, England on July 1st, marking its first-ever outside USA. Cody Rhodes and Brock Lesnar are expected to have a gimmick match between them at Summerslam. The WWE champion, Lesnar earlier had equalized the score using the Kimura lock against Rhodes, at the Champions Night in Saudi Arabia. Rhodes in May had defeated Lesnar via a roll-up. Now, we might see these two playing against each other in the Summerslam in August. In between Rhodes is expected to collide with Dominik Mysterio at the Money in the Bank event in London.

Goldman Sachs Group has lost its ranking as the world’s top mergers and acquisitions adviser for the first time in five years.

Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico via the MercadoPago payment service on June 28. 

Goldman Sachs has elevated its top fixed income sales partner in London into a role leading the division globally in a shake-up of its senior ranks.

Disgraced crypto lawyer Kyle Roche fell “victim to an elaborate international setup” that caused him to expose himself as corruptly beholden to Avalanche founder Ava Labs, reported the New York Times on Sunday. 

Credit Suisse banker Nora Yeung is set to take up the role of co-head for equity capital markets at Deutsche Bank, overseeing Asia Pacific.

Deutsche Bank has hired a senior dealmaker from Citigroup to cover consumer clients in Europe, as part of a series of new recruits in for the German bank in the sector.

US law firms are set to double down on their investment in London which has seen New York’s legal elite hire snap up leading partner talent from UK rivals, according to London’s top lawyers

Sidley Austin plans to up its recent hiring in London and take advantage of “disruption” in the legal sector, the US law firm’s chair Yvette Ostolaza said.

Many US-based crypto firms have been keen on expansion moves amid heightened regulatory uncertainty in the United States.

LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced Monday.

Sidley Austin plans to up its recent hiring in London and take advantage of “disruption” in the legal sector, the US law firm’s chair Yvette Ostolaza said.

In a blog post announcing the move, the firm states: "While there is still work to be done, we believe that the UK is on the right path to becoming a leader in crypto regulation. The UK also has deep pools of talent, world-leading academic institutions, and a strong entrepreneurial culture.

Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year, adding to the backdrop of U.S.-based firms seeking greener pastures outside of the country.

Freshfields Bruckhaus Deringer capital markets specialist Mark Austin has been hired by US law firm Latham & Watkins as a partner in London.

The CEO of Euronext told trading chiefs at Financial News’s awards in London to go "above prejudices" and maintain a bond between the UK and European Union.

Shearman & Sterling partner James Duncan has quit the US law firm to join Freshfields Bruckhaus Deringer in London.