OLD Media Moves

Financial News editor returns to write column

November 9, 2011

Posted by Chris Roush

William Wright, who left his job as editor of Financial News earlier this year, has returned to the online publication to write a column on investing banking.

Wright is one of the founders and was the long-standing editor of Financial News, a London-based online and print publication for the securities and investment banking industry. His first journalism job was at Financial News.

It is read by people in the investment banking and asset management community, particularly in the UK and Europe, but also in the U.S. Its readership is driven mainly through its website, which has more than 55,000 paid subscribers.

Since 2007, the site has been part of  Dow Jones & Co., which purchased the site for 27 million pounds. At the time of the purchase, the site had 35,000 paid subscribers.

Financial News was founded in March 1996 as the weekly newspaper about the European securities and investment banking industry. The Financial Times funded the original business plan for Financial News, but decided against backing its launch.

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