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Industry News

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UK economy worse than thought after data revisions

Bank of America the first to make pre-bonus redundancies

Moynihan says Bank of America can grow through any downturn

Neptune posts a loss in 2016, but profits rebound in H1

Deutsche Bank Rating Cut by Fitch as Cryan Turnaround Stalls

Citi applies for Paris broker-dealer license post-Brexit

Invesco seals $1.2bn deal for Guggenheim's ETF business

Exclusive: Franklin Templeton streamlines equity range

BofA to relocate 300 traders, support staff to Paris

Another blow to Deutsche Bank

Media news roundup: Wall Street Journal Europe is closing today

UBS is constantly being approached about its asset-management unit

SoftBank Plots Deals to Build $300 Billion Asset-Management Arm

M&G infrastructure manager dismisses Trump's $1trn plan ahead of fund launch

Warren Buffett describes a pivotal moment when he was 20 that changed the course of his career

The many implications of the coming “salary history rule” for Wall Street banks

'Nervous' star Asia investor hoards cash

The End of Fintech Is Nigh

Cryptocurrencies Drop as South Korea Bans ICOs, Margin Trading

Corporate treasurers see the benefits of blockchain

JP Morgan Private Bank hires Edmond de Rothschild MD (Jean Pierre Casey)

M&A MD berates colleagues for scruffy outfits

AIM – listed wealth firm names ex-Coutts boss as chair (Paul Richardson)

Aviva Investors calls for overhaul of 'biased' sell-side research