Trading firm Tower Research to launch fund for outside investors
High-frequency market makers are seeking new avenues for growth as competition increases
UK consumers urged to ‘get to grips’ with their pensions
Many people fail to save enough to fund retirement, warn industry figures
European banks spend €1.1bn axing senior staff
Largest single severance payment of €11.2mn in pool split between 2,100 staff at seven banks since 2018
Private market funds lag US stocks over short and long term
State Street private equity index outpaced by S&P 500 over 3 months and 1, 3, 5 and 10 years for first time since 2000
Monzo’s customers aren’t yet ready to put a ring on it
Bank customers are notoriously sticky, which makes it hard for any newcomer to break into a developed market
European banks spend €1bn to fire workers
Plus, Lex Greensill throws shade at SoftBank and creditors weigh Warner Bros Discovery deal
U.S. Court Agrees to Keep Trump Tariffs Intact as Appeal Gets Underway
The appeals court’s decision delivered an important but interim victory for the Trump administration.
US and Switzerland end stalemate over client information
Agreement lifts blockade on approvals of new Swiss investment advisers to pursue American wealth management
Trump Administration Holds Trade Talks With China as Fight Over Rare Earths Escalates
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
Private capital group Blackstone plots $500bn expansion in Europe
Co-founder Stephen Schwarzman sees ‘signs of change’ across the region
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