Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy July 9, 2024 Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not expected to provide meaningful productivity boosts to the economy.
Wall Street banks JPMorgan and Goldman Sachs set for earnings boost on dealmaking rebound July 8, 2024 Wall Street lenders are set to post higher investment banking fees for the second quarter of 2024, as early signs of a rebound in dealmaking partly offset weaker growth in lending income.
Morgan Stanley to join Wall Street rivals in scrapping bonus cap for UK staff July 1, 2024 Morgan Stanley is planning to follow its Wall Street rivals in scrapping an EU-imposed cap on bonuses for its top UK bankers.
JPMorgan follows Goldman Sachs in scrapping EU bonus cap for London staff June 19, 2024 Wall Street giant JPMorgan Chase has become the latest bank to scrap an EU-imposed cap on its UK staff's bonuses, after rival Goldman Sachs made the same move last month.
British Gas owner Centrica helps back £300m UK energy first June 13, 2024 Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.
‘Constant deadlines, zero work-life balance’: Concern over 100-hour weeks after two deaths at Bank of America May 25, 2024 Working conditions for junior staff at some of the world’s largest investment banks have once again hit the headlines following two deaths this month at Bank of America.
Goldman-backed Petershill sees private equity activity picking up May 23, 2024 "Crucially, we have maintained our high bar for new acquisitions as we seek out high performing sector specialist Partner-firms," the partners continued.
HSBC: Yet another investment bank says ‘buy Britain’ May 21, 2024 It could be time to buy UK stocks says HSBC
Sunday Times Rich List: Rishi Sunak worth over £650m May 17, 2024 Rishi Sunak and his wife Akshata Murty are worth more than £650m, the Sunday Times Rich List has revealed.
Mark Kleinman: Why the City’s bonus cap move may not deliver Brexit bonus May 9, 2024 Mark Kleinman writes a weekly column for City A.M. - this week on Goldman bonuses, Foxtons' next move and broker job cuts