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What's new in financial services today?

If you’re looking for a banking job in London, and you’re struggling to find one, recruitment firm Morgan McKinley can tell you why. The LND…

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A talent shortage in Japan’s financial industry is becoming so acute that even the biggest banks are struggling to find experienced people. It’s tougher…

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JPM PM Steven Lee will retire in 3Q’26, managing funds including the $3.5Bn JPM US Large Cap Core Plus and $376m JPM Research Market Neutral fund. Timothy…

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Brazil’s central bank held its benchmark interest rate steady on Wednesday, pausing an aggressive tightening cycle after seven consecutive hikes…

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The Fed’s decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its prevailing caution and has forced…

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There’s a HF based in London hiring some of GS’ best people, who had a prodigious appetite for Goldmanites in the past but a less well-known, equally…

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Carrhae Capital is preparing to launch a long-only money pool that eliminates all exposure to China, driven by demand from some US investors. The new strategy…

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Boston Partners co-CEO Mark Donovan is set to retire from fund management in Apr’26. He has served as CEO of the Massachusetts-based Robeco subsidiary…

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DB has promoted Marc Fratepietro and Mark Lewellen to global co-Heads of its DCM business as part of its IB expansion. Ade Ademakinwa has been appointed…

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Societe Generale’s traders notched a small increase in revenue during the 2Q’25 as fixed income fees offset a slip in equities. The French bank beat…

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Titan Wealth has revealed plans to acquire two advisory firms based in East Anglia, Finance Shop and FS Wealth Management Limited. The move is expected…

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SCB attracted $15.6Bn of net new money in the 2Q’25, according to a presentation of the bank’s financial results, marking a record high. This included…

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