While the usual UK employment laws apply to financial services employers, there are a number of key extra issues for them to deal with.
For example, individuals performing controlled functions must have approved person status, which is obtained by making an application to the Financial Conduct Authority and/or the Prudential Regulation Authority.
XpertHR provides HR information and guidance for employers in financial services.
The Treasury Committee has launched an inquiry into sexism and misogyny in financial services.
HSBC is to downsize its global HQ as hybrid working arrangements remain popular. It is set to move to a new office in late 2026.
Research across professional services firms, including in the legal sector, has revealed confusion over the adoption of generative AI.
A survey of 2,000 young people by KPMG found that social class and nepotism have a major role in accessing work experience.
The founder of a leading hedge fund firm is being investigated by the Financial Conduct Authority over claims of sexual harassment and assault.
Goldman Sachs will pay $215m to settle a sex discrimination case brought in the US. It will also review performance and promotion processes.
Managing directors must work in the office full time, JPMorgan Chase has told staff; Gartner warns against strict return to office policies.
Consultancy giant plans sweeping job cuts as uncertainty in global markets afflicts clients.
HSBC has come to the rescue of Silicon Valley Bank UK (SVB UK), a business that holds the assets and...
Top performing employees at Lloyds Banking Group will share the largest bonus pot in four years.
Hundreds of staff at Nationwide, the UK's largest building society, are set to lose their jobs.
A law firm wants its employees to be ‘wildly fabulous’ and dress to impress at work. Meanwhile, an HR firm has delved online to discover the most awkward questions asked by workers.
Tesco's Bank follows other UK banks in offering staff a cost of living pay hike.
The chief risk officer at the UK arm of a Pakistani bank was unfairly dismissed after whistleblowing, an employment tribunal has found.
Online lender Atom Bank has decided to make its four-day working week permanent after a successful trial.
