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Mmastodon BusinessBanking first seen 14 h ago, last 6 h ago, peak #6

London bankers and lawyers earn over £1bn in takeover boom

Original: London’s investment bankers and lawyers make more than £1bn in takeover frenzy By Lauren Almeida Bumper fees paid in the

Investment bankers and lawyers in London have made more than £1bn in fees from a surge in takeovers, according to a report by Lauren Almeida. The bumper mergers and acquisitions payouts have sparked anger over high City pay at a time when many households are struggling with the cost of living crisis.

Why now: The huge fee haul lands amid public anger over City pay during the cost of living crisis.

LondonLauren AlmeidaThe Guardian

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