Hints and tips:
Related Special Reports
...One person familiar with the restructuring said about 175 permanent roles were in jeopardy as a result of the changes, 150 of them in the risk division....
...In 2021, he hired three former Goldman partners — Paul Russo, Scott Rofey and Jeffrey Verschleiser — to lead the risk management of the firm’s equity, macro and rates, and credit divisions respectively....
...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...The survey results, which were presented at a meeting for 270 employees last week, pointed to low morale and discontent with how management at the division had handled the cuts....
...Partners will be taken out of management positions.”...
...governance model’s risk management strategies,” Clark said....
...Management of the division was taken over by Thomas Coesfeld, the 33-year-old scion of Bertelsmann’s owners, the Mohn family, last year....
...Trump called on the state legislature in Alabama to “act quickly to find an immediate solution to preserve the availability of IVF” in the state....
...James GinnsHead of Risk Management Policy, Centre for Long-Term ResilienceLondon SW1, UK...
...Still more enraging to Johnson’s critics is that his change of heart was prompted by a deep state briefing....
...This could mean prepping three different people in case there is an abrupt change of context. “It’s about risk management and business continuity in today’s environment....
...Bob Sternfels has been re-elected as global managing partner of McKinsey after a tougher than expected contest that exposed divisions among the consultancy’s senior partners about his leadership style....
...Missing the May deadline would increase the political risk of the treaty unravelling....
...Management plans further clearance activity for the remainder of the financial year to “unlock the full benefit of the new commercial model from [full-year 2025]”....
...Five unmissable stories this week JPMorgan Asset Management and State Street Global Advisors are quitting Climate Action 100+, an investor group set up to prod companies over global warming, and BlackRock...
...Rebecca Gooch, global head of insights at Deloitte Private, a division of the Big Four consultancy group, adds: “With inflation showing signs of moderation, it is no longer the number one worry for the wealthy...
...Looking ahead, with the prospect of interest rates falling, “it’s more of a risk-on environment”, said Harrison....
...Last year, Marc Nachmann, who heads the asset and wealth division, told investors that it could provide one-third of the bank’s net revenues by the end of 2025....
...JPMAM is bringing aboard ETF veteran Jon Maier (formerly chief investment officer of Global X) who starts today as chief ETF strategist and will lead a new division dubbed ETF Insights....
...Fewer than half had a currency risk management strategy, and only a third had senior staff dedicated to the risk management of the sovereign debt book....
...Just 30 per cent reported on incidents or risks of child labour....
...But cases continue in state courts....
...Five unmissable stories this week Departing US climate envoy John Kerry has accused asset managers of “turning away from science” just weeks after JPMorgan Asset Management, Pimco and State Street Global...
...wisdom of the move to Wall Street, and to assess the remaining value this division brings to its parent bank....
...Gerard Walsh at Northern Trust and this risk alert from the SEC explaining what its Orwellian-sounding Division of Examinations is thinking about the whole thing....
International Edition