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London news from FierceFinance
News
Big hedge funds love NYC
Not too long ago, London was quite sure it had muscled out New York City (New York City news) for the title of the world's financial capital. The city had reason to crow, IPOs (IPO news) seemed to be... Read more...
A new Goldman Sachs "scandal"
What would life be without a fresh "scandal" to provide more fodder for the Goldman Sachs (GS) conspiracy theorists? The latest comes from London, where a move to levy a per-tax trade, which has been... Read more...
The U.K.'s war on banks
There are a lot of people chafing at the government's move to reform pay practices in the United States. But the measures by the British government so far have been much more draconian, and it's... Read more...
London bankers vs. New York bankers
It's been a tough time for investment bankers around the globe. But at least the New York-based bankers have this going for them: Once again, they are the best paid bankers on the planet. A recent... Read more...
Citadel wants to raise a massive fund
We've noted recently that the hedge fund industry's dynamics have morphed in the wake of the credit crunch. Investors are still ravenous for hedge funds, but they are astute enough to note that the... Read more...
Man Group aims for U.S.
Man Group has thrived in London, but New York beckons like never before. And the hedge fund giant is determined to finally make inroads in what could be a very lucrative market. Uwe Eberle, CEO of... Read more...
More Wall Streeters head abroad
Is it time to volunteer to go overseas? It might not be a bad idea, though the thought of uprooting your family for the Middle East or Latin America might not strike everyone as a great adventure.... Read more...
C&L: Executive Moves
> Lehman's Rick Rieder to launch hedge fund> Citigroup shifts Alberto Verme... Read more...
London bankers take a hit where it hurts most
In London, things are serious when expense accounts get slashed. The Daily Mail says bank offices there face a crackdown on expenses, forcing many to say goodbye to expensive meals, business-class... Read more...
SPOTLIGHT: Two week break for London traders?
Regulators in London understandably want to strengthen bank financial controls after the Jerome Kerviel affair. However, the idea of traders taking two-week breaks to allow their positions to be... Read more...
