Hints and tips:
...with former US vice-president Al Gore nearly two decades ago....
...It was the smallest of Citi’s five divisions behind US personal banking, trading, services and wealth management....
...Ultimately only one-third of GAM shareholders backed the takeover in August. Liontrust’s fortunes illustrate how M&A is not a panacea for the challenges facing the fund management industry....
...managers, service providers and regulators including, Asian Development Bank, The Stock Exchange of Thailand (SET), Allianz Global Investors and many more....
...Much ink was spilled about the great goods-to-services rotation: goods spending should return to trend as services spending rises....
...Nicolai Tangen A former hedge fund manager was an odd choice to lead Norway’s overwhelmingly passive $1.2tn Norges Bank Investment Management, but Tangen has thrown himself into the public spokesman aspects...
...Just under a third of US workers were “engaged” and almost a fifth were “actively disengaged” in the second quarter of this year (Gallup defines “quiet quitters” as the group which is neither)....
...The FT could not immediately reach the fifth charged individual for comment....
...Five unmissable asset management stories this week Dan Loeb’s activist hedge fund Third Point has built a large stake in Royal Dutch Shell and called for the oil supermajor to break itself up....
...“Listing Dewa is a huge step forward in a much-needed campaign to revive the domestic capital markets,” said Tarek Fadlallah, chief executive of Nomura Asset Management in the Middle East....
...Fraser instead plans to focus on areas including wealth management, where the bank has already been pivoting much of its Asia operations....
...Al Kelly, chief executive and chair of Visa, said: “Visa is committed to doing all we can to foster innovation and empower consumers in support of Europe’s open banking goals....
...Perrier, who moves to Amundi chairman in May, told the FT last week that banks and insurers owned “many” asset management businesses that were subscale and inefficient....
...joined the Russell 3000 index this year after what the chief executive described as a “significant increase in our market capitalisation”....
...If the world was going to hit the goals of the 2015 Paris Climate Accord, he declared, “one-fifth and one-third [of the] world’s proven reserves of oil, gas and coal” would become unusable, leaving “the...
...“They’re almost the Amazon of asset management,” said Kyle Sanders, financial services analyst at Edward Jones. “It’s a one-stop shop for a lot of clients....
...Don’t miss the panel on Tuesday, November 17 at 1pm ET. Register here for free. Welcome to the Due Diligence briefing from the Financial Times. Not a subscriber? Sign up here....
...Wirecard's subsidiary in the US (Wirecard North America Inc)....
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...But assets under management, which determine steady management-fee income, hit €46.5bn in the third quarter, up €6bn on a year earlier....
...(Among them are Mr Flatt and Mr Cockwell, who own half of Partners between them, according to Brookfield; another five executives were identified who hold about another third.)...
...This time the impact is broader and, in a worst-case scenario, could result in a slimmed down version of Dubai Inc....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...The Asia-Pacific region is “one of Citi’s strongest performing businesses, representing about a fifth of revenues and about a third of net income”, according to a spokesman....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
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