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
Goldman Sachs to scrap bonus cap for London-based staff May 2, 2024 "We are a global firm and to the extent possible we adopt a consistent global approach across everything we do," Gnodde said.
Goldman Sachs flies top London banker to Paris in latest post-Brexit relocation April 23, 2024 Goldman Sachs has relocated one of its top European investment bankers from London to Paris as part of a shake-up in the group's regional structure following Brexit.
Goldman Sachs beats expectations as investment bank shows signs of recovery April 15, 2024 A nascent recovery in investment banking helped Goldman Sachs outperform expectations, with quarterly profit rising 28 per cent to over $4bn in the first quarter of the year.