Weil’s ‘Titanic’ ordeal rocks firm’s London lawyers October 29, 2026 The unravelling of one of the world’s most prestigious law firms, Weil, Gotshal & Manges, has shaken its London lawyers, with one partner describing it as “a Titanic situation.” “This is probably the worst succession planning in legal history,” a former Weil partner told City AM. “I’m shocked about this…It’s crazy to me this is [...]
Fund Finance Pricing Is Splitting as the Lender Base Diversifies, Corpay Private Markets Report Finds October 29, 2026 Fifth edition of Lender Book Report highlights non-bank lenders are pricing complex NAV facilities at a growing premium, despite headline price compression.
Xsolla Acquires GamePix to Build a Complete Platform for Web and AI-Created Video Games October 29, 2026 GamePix’s Web Publishing and Distribution Join Xsolla’s Global Commerce Infrastructure, Giving Developers One Path From Video Game to Players Worldwide
Natwest and Nationwide set for biggest profit hit from Healey’s bank tax raid October 29, 2026 Natwest, Nationwide and Lloyds are set to feel the biggest hit to profit from John Healey’s bank tax raid, analysts have said. The trio of British banks, which have a larger domestic focus than their peers HSBC and Barclays, are the most exposed to Healey’s doubling of the surcharge, according to analysts at RBC. The [...]
Cognitive Credit Launches DealConnect: The Complete Workflow Solution for Restricted Deal Credit Analysis October 29, 2026 Cognitive Credit, the leading provider of corporate credit data, analytics, and AI technology, today announced the official launch of DealConnect, a specialized solution engineered to streamline deal document management for institutional credit investors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261029552484/en/ Evaluating deals across leveraged credit markets has long been complicated by [...]
CoStar Data Shows London Demand for 4 Star Offices Topping 40% in the City Core despite Top-Quality Space Shortage October 29, 2026 London City Core saw an increase in office demand, as vacancy rates for best-in-class space fall to 2.1%, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261029738989/en/ The Square Mile has accounted [...]
Healey tells Bailey to loosen UK banking regulation after tax hike October 29, 2026 John Healey has told Bank of England governor Andrew Bailey to loosen banking regulation “as quickly as possible” after the government raised taxes on the sector in the Budget. The Chancellor wrote to Bailey following the Budget with a direction for the Financial Policy Committee (FPC) to balance its stability mandate with support for economic [...]
U.S. Bancorp Announces New U.S. Bancorp Global Funds Brand October 29, 2026 The platform also introduces its first offshore liquidity fund, domiciled in Ireland
Lloyds shares fall after high interest rates boost income October 29, 2026 Shares in Lloyds Banking Group tumbled on Thursday morning after the bank beat profit expectations in the third-quarter after a boost from high interest rates and a reduction in its cost base. The FTSE 100 giant reported a £2.3bn pre-tax profit for the latest three months, up nearly 99 per cent on last year’s figure. [...]
Legal powerhouse Weil Gotshal set to liquidate after 95 years October 28, 2026 Weil, Gotshal and Manges has told its partners the firm should be wound down, in a move that will bring an end to one of the US’s most storied legal firms. Weil has seen an exodus of partners across the US and London in recent months, including former corporate co-managing partner Michael Hickey and private [...]