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UBS UK private client head resurfaces at Coutts

Appointment of Shona Baijal ends the Square Mile institution’s search for a new private client head after false start with Prince Andrew’s former equerry

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Morgan Stanley shifts dealmaker Luehrs to lead European private credit

News

Finance giants in the UAE adjust to the new normal amid Iran conflict

Remote working and home schooling are a challenge, but firms in the emirates say that life has calmed down after a ‘hairy’ few weeks

3 min read

    Accountancy

    KPMG to slash hundreds of jobs in audit in latest sign of pressure on sector

    The accounting giant says it needs to ‘right size’ the division after low attrition rates

    2 min read

    • Morgan Stanley shifts dealmaker Luehrs to lead European private credit

    Regulation

    FCA fines Dinosaur Merchant Bank over reporting failures in $3bn of high-risk trades

    London investment firm’s platform triggered 2,916 surveillance alerts from five months of CFD activity, according to the watchdog

    2 min read

    • Here are five hedge fund startups to watch in 2026

    WSJ
    Fed Officials Signal That Rate Cuts May Be Over

    Fed Officials Signal That Rate Cuts May Be Over

    Pride of Finance Rising Stars

    Revealed

    Pride of Finance Rising Stars

    Justin Cash

    Justin Cash

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    Read the newspaper online edition
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    Ex-DRW portfolio managers Irene Perdomo and Leonardo Marroni join HIP Investments

    An Audience With

    Why the head of Dubai’s finance regulator won’t let everyone in

    Why the head of Dubai’s finance regulator won’t let everyone in

    ‘I don’t think we’re in the business of trimming our rulebook to attract people,’ former FCA executive Mark Steward tells FN

    6 min read

    Bank of London fined £2m for misleading regulator over capital levels

    Financial News opens nominations for Most Influential list

    Trading Places: StanChart hires Citi veteran, HSBC’s first AI boss

    Trading Places: StanChart hires Citi veteran, HSBC’s first AI boss

    Find out who is on the move in the City and beyond this week

    Broker Clear Street hires StoneX’s Phelps to drive European expansion

    Broker Clear Street hires StoneX’s Phelps to drive European expansion

    Mark Phelps to help lead the US broker’s growth plans for London and beyond

    Top investment bankers lose lucrative allowances as bonuses jump

    Top investment bankers lose lucrative allowances as bonuses jump

    Wall Street and UK investment banks have pulled back from so-called fixed allowances as regulatory pay reforms have come into force

    SIX Group takes $700m hit on Worldline stake

    SIX Group takes $700m hit on Worldline stake

    The Swiss bourse operator swung to a net loss after Worldline’s share price cratered

    M&G boss gears up for ‘phase two’ of business transformation