The cost of trading UK stocks is set to fall after the two largest clearers of UK equities signed a landmark deal to enable them to compete with each other for business.

Anglo-French clearing house LCH.Clearnet, which supports the London Stock Exchange, and EMCF, which clears for a range of trading systems including the LSE's main rival Chi-X Europe, today signed a memorandum of understanding to introduce "user choice clearing model".

UK fees under pressure after competitive pact

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BlackRock’s plan to democratise private credit could backfire

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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White House Preps Order to Punish Banks That Discriminate Against Conservatives

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Trump’s BLS Firing Tests Wall Street’s Reliance on Government Data

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

Wells Fargo to Name CEO Charlie Scharf Chairman

Microsoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark.

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