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No profits, no bonuses, Terry Smith tells staff Collins Stewart's profits crash 82% as listings fall off Tullett Prebon eyeing a GFI tie to challenge Icap Class war in the City as rival brokers square up Crisis blow to smaller firms' AIM cash hopes

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Collins Stewart back on track with £6.1m and hiring again

11.08.09
Broking firm Collins Stewart swung back into the black in the first half of the year after losing more than £15 million last year and has started hiring senior staff again as its rivals struggle ... more

City dealers ‘cash in’ as Bank prints money

04.08.09
City dealing rooms are making a mint from the Bank of England’s £125 billion quantitative easing programme, Tullett Prebon boss Terry Smith suggested ... more

City chiefs urge caution over banking profits rally

04.08.09
Banking heavyweights have urged caution over the jubilation at the run of strong profits from the sector... more

City Spy: Gloves off for BGC vs Tullett fight

03.07.09
Roll up! Roll up! Monday sees the start of what could be a fascinating week in the High Court in the Strand. Case Number One, which may well take all of July, involves City giants Tullett Prebon (prop. Terry Smith) and BGC over alleged poaching of Tullett’s highly paid expert staff ... more

Tullett gets a boost from weak pound

14.05.09
Broking house Tullett Prebon reported a 10% rise in revenues as it faced shareholders over the £4.5 million bonus paid to chief executive Terry Smith ... more

Bonus storm hits top Tory foe of fat cats

12.05.09
Michael Fallon, the senior Conservative on the Treasury Select Committee, was facing a backlash after approving a multi-million-pound bonus to a top City executive... more

Battle of Britain hero finally given a place on plinth ... but only for six months

08.05.09
A Battle of Britain war hero is to be honoured with a temporary statue on the fourth plinth after a dispute over the commitment to contemporary art in Trafalgar Square... more

Battle of Britain hero's statue 'too traditional for Trafalgar plinth'

05.05.09
Plans for a statue of a Battle of Britain hero in Trafalgar Square are expected to be rejected because they are not "avant-garde" enough... more

Hawkpoint succeeds despite M&A drought

01.05.09
Staff at takeover advisory boutique Hawkpoint are working flat out despite the collapse of the mergers and acquisitions market ... more

Sir Fred critic ‘signed off a £4.5m City bonus’

16.04.09
Michael Fallon, the Conservative deputy chairman of the Treasury select committee, risked accusations of hypocrisy as it emerged he has approved a huge payout to a leading financier... more

No profits, no bonuses, Terry Smith tells staff

17.03.09
Top earners at City broker Collins ­Stewart have had their bonuses held back and the rest of the staff have been told “to wake up and get real” about their bonus expectations... more

Terry Smith: Economic crisis could be as bad as 1870s

10.03.09
Chief executive of interdealer broker Tullett Prebon, Terry Smith has warned the current financial crisis could be as bad as the Long Depression of the 1870s... more

BGC's 'Brooklyn Bruiser' Amaitis to take a back seat

06.11.08
One of the biggest bull elephants in the hypercharged world of interdealer broking is to stand down from day-to-day business... more

£9m restoration of Walpole's Gothic palace to start next month

01.10.08
An £8.9 million restoration of one of London's most architecturally important buildings is to begin next month after years of fundraising... more

Bidder for Collins Stewart walks away

25.09.08
Stockbroking: City pugilist Terry Smith saw his second big deal in a fortnight fall apart as an unnamed bidder walked away from his £250 million broker and investment bank Collins Stewart... more

Tullett and GFI tie-up plan is over

10.09.08
Shares in Terry Smith's interdealer broking firm Tullett Prebon crashed 11 ¼p to 386 ¾p after plans for a £1.6billion merger with New York's rival GFI Group collapsed... more

Counting cost of sterling slide

03.09.08
A couple of months ago, a pound was worth two dollars. Yesterday, it fell through $1.80. It would be no surprise to me to see it slide to $1.65 before Christmas. Even that, given the way markets work, needs not be the floor. ... more

Collins Stewart's profits crash 82% as listings fall off

12.08.08
Stockbroker and investment bank today reported a fall in profits as stock market listings in London dried up... more

Tullett Prebon eyeing a GFI tie to challenge Icap

05.08.08
Deal would give Terry Smith's arch-rival a run for its money as the world's biggest broker to the brokers ... more

Class war in the City as rival brokers square up

05.08.08
One of the biggest class wars seen in the City broke out as working class East Ender Terry Smith set out his plans to rival Tory grandee Michael Spencer... more

Crisis blow to smaller firms' AIM cash hopes

19.05.08
The credit crunch is having a dire effect on smaller companies' plans to float or raise money on the Stock Exchange's Alternative Investment Market... more

Warning of financial meltdown as shares plunge

17.03.08
President Bush today desperately sought to stop the global financial crisis spiralling out of control... more

Battle of Trafalgar Square

07.03.08
RAF veterans call for statue of leader who saved Britain ... more

Plinth 'should honour hero who led Battle of Britain'

26.02.08
A City financier has launched a bid to have a permanent memorial to a Battle of Britain leader on the fourth plinth in Trafalgar Square... more
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