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Goldman Sachs is setting up a WeWork office in London as an emergency trading floor

The trading floor was set up so the bank can continue to trade in the event of an emergency, says the Financial Times. Goldman advised We on its failed IPO.

Goldman Sachs bankers left hundreds of suits behind in the bank’s old London headquarters

The bank, which moved to a glitzy new office over the summer, said some had been left by former employees over the years.

Barclays says 3,000 jobs have been culled so far this year

The news comes amid better-than-expected earnings on Thursday, amid a wave of management changes that has jolted staff in 2019.
Deutsche Bank is being slammed for handing out 'golden parachutes' while junior staff get the axe

Deutsche Bank is being slammed for paying $52 million ‘golden parachutes’ to fired execs — right after managers got lavish suits mad...

"Golden parachutes for failed managers while thousands of employees are losing their jobs just do not match," a German watchdog told the Financial Times.
Deutsche Bank’s Wall Street offices on July 8th, 2019 as layoffs begin.

Deutsche Bank’s cuts came at a brutal period for Europe’s finance industry — and job seekers have a tough road ahead

Deutsche Bank's deep cuts to the bank yesterday are part of a plan to axe 18,000 roles. Some workers will find it tough to win placements elsewhere.
Traders work on the trading floor of Barclays Bank at Canary Wharf in London

A management overhaul at Barclays is rocking employees. Here’s what we know about what’s going on inside the British investment bank.

Barclays in early 2019 dropped a bombshell when investment-banking head Tim Throsby stepped down. Here's what we know about what's going on inside the bank
XTX co-CEO Zar Amrolia

A London trading firm is offering a $100,000 prize and a job for aspiring data scientists who can pass its online test

"We have a real need on the recruitment front," says the co-founder of XTX Markets, a four-year-old electronic trading firm.

Leaked Barclays memo says another senior exec is leaving in wake of investment bank chief’s sudden departure

The memo praised Guy Saidenberg, who is leaving as head of distribution and structuring at Barclays, as a "key driver of the Markets digital strategy."

The UK will be one of the only advanced economies in the world to see slower productivity growth this year

"The growth rate of hours worked has rapidly declined recently in the UK," said a report from the Conference Board.
Megan Caywood, Starling Bank.

These are London’s top women in fintech in 2019

London was the city with the most women leaders in financial technology industry, according to a ranking by LATTICE80 in collaboration with Miss Kaya.