26 h. ago Citi’s new banking chief steps up poaching of JPMorgan dealmakers

The US bank hired Viswas Raghavan as head of banking in 2024 to bolster its position in investment banking

Economics

34 h. ago Goldman Sachs profits jump 22% on investment banking revival

Fees from return of dealmaking add to another record quarter for Wall Street bank’s equity traders

Economics

53 h. ago Savers to be offered deals that could see them more than quadruple their wealth

The move is part of Rachel Reeves’ plan to get more people investing

Economics

55 h. ago Reeves unveils City strategy aimed at cutting red tape and fuelling UK growth

‘Leeds Reforms’ include streamlined accountability for senior bankers and a campaign to get more consumers investing in stock marketBusiness live – latest updatesRachel Reeves has unveiled a package of City changes meant to cut “unnecessary” red tape and encourage more financial risk-taking by companies and consumers in the hopes of spurring economic growth.In a financial services strategy dubbed the Leeds Reforms, the chancellor outlined initiatives designed to boost the financial services sector, including plans to cut “unnecessary costs” related to accountability rules for senior bankers, and to launch an advertising campaign to get consumers investing cash savings in stocks. Continue reading...

Politics

57 h. ago Citi profits jump as trading, investment banking, wealth units grow

Flurry of financial sector reports expected to show investment banking still in the doldrums for another quarter

Economics

57 h. ago Reeves unveils City reforms aimed at cutting red tape and fuelling UK growth

Leeds Reforms include streamlined accountability for senior bankers and a campaign to get more consumers investing in the stock marketBusiness live – latest updatesRachel Reeves has unveiled a package of City reforms meant to cut “unnecessary” red tape and encourage more financial risk-taking by companies and consumers in the hopes of spurring economic growth.In a financial services strategy dubbed the Leeds Reforms, the chancellor outlined initiatives designed to boost the financial services sector, including plans to cut “unnecessary costs” related to accountability rules for senior bankers, and to launch an advertising campaign to get consumers investing cash savings in stocks. Continue reading...

Politics

60 h. ago BlackRock hits $12.5tn in assets as bank results season gets under way

Flurry of financial sector reports expected to show investment banking still in the doldrums for another quarter

Economics

60 h. ago JPMorgan reaps gains from Wall Street business as bank earnings begin

Flurry of financial sector reports expected to show investment banking still in the doldrums for another quarter

Economics

3 d. ago Openreach challenger CityFibre secures £2.3bn financing deal

The fibre broadband specialist said the deal would include £500 million in new funding from existing shareholders.

Economics

6 d. ago Goldman Sachs and Mubadala to inject cash into CityFibre in £2.3bn refinancing

Altnet set to secure funding from investors and lenders to keep it afloat

Economics

7 d. ago ‘Quietest fan on the market’ to rival Dyson hits Amazon Prime Day deal with a £45 saving

As yet another heatwave rolls across the UK, threatening higher temperatures this summer, now is the time to invest in a high-quality fan without breaking the bank

Economics

8 d. ago Rishi Sunak will donate Goldman Sachs salary to charity after Tory ex

The ex-prime minister will advise leaders across the firm and provide 'insights on the macroeconomic and geopolitical landscape' alongside his job as MP for Richmond and Northallerton.

Politics

8 d. ago Rishi Sunak to donate salary from new Goldman Sachs job to charity

Rishi Sunak has announced he will return to Goldman Sachs after 21 years

Politics

9 d. ago Top City banker who cheated on his pregnant wife with junior colleague sues for sex discrimination after being sacked over affair

Stanislav Stepchuk, a former director at American investment bank Merrill Lynch, sent an unsolicited X rated photos of himself to the younger woman just four days after they began messaging.

Society

9 d. ago Rishi Sunak announces first major position since losing election

The MP for Richmond and Northallerton worked for Goldman Sachs between 2001 and 2004

Politics

9 d. ago Wall Street turns more bullish on US stocks despite Trump’s tariff threats

Goldman Sachs joins other banks in lifting end-of-year target for S&P 500 index

Politics

2 w. ago Trump’s biz empire was nearly bankrupt. Then he won the nomination and investors banked on his victory

The president’s strained business empire doubled down on new ventures by capitalizing on the family brand, report finds

Economics

2 w. ago DWP start date for Eligibility Verification and ‘monitoring’ bank accounts to tackle benefit fraud

The Eligibility Verification Measure will not give DWP direct access to bank accounts or enable investigators to see how people on benefits spend their money.

Economics

2 w. ago Goldman Sachs' always pays a group of London MDs $9.5m+ each

Goldman Sachs' always pays a group of London MDs $9.5m+ each  eFinancialCareers

Economics

2 w. ago Mystery over missing wife's body after husband pretended she was alive for 5 years

Manipulative killer Donald Graham avoided justice for five years after the disappearance of his wealthy lover, Janet Brown, went un-investigated by Northumbria Police until a bank worker spotted fraudulent signatures on her account

Events