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...Gross, 53, will start as co-managing partner on April 1, succeeding Jonathan Lavine....
...Mark Cliff, chair of trustees for the Debenhams Retirement Scheme, said: “We are confident that transferring members’ benefits to Clara provides the best available outcome for them.”...
...Median donations from the top 1 per cent of earners fell by 21 per cent between 2011 and 2018 despite incomes rising by 11 per cent in the same period, according to research by Onward in January....
...France’s Cac 40 added 0.1 per cent....
...London’s FTSE 100 closed in on its record high on Friday as investors grew more confident that the central bank would make multiple interest rate cuts this year....
...The aggregate surplus of the UK’s 5,100 pension schemes was about £428bn at the end of December, according to analysis by the UK’s Pension Protection Fund....
...European stocks slipped from a record closing high, while London’s FTSE 100 closed out its biggest weekly gain since September....
...The index, which has lagged behind its peers in Europe in 2024, rose 1.9 per cent on Thursday....
...The UK’s benchmark stock index gained 1.5 per cent on Friday thanks to strong gains for miners and financial stocks....
...The owner of Clinique and Bobbi Brown said Monday it will eliminate up to 3,100 positions from its roughly 62,000 employees....
...compared with 1.6 per cent in the previous year....
...the leather Dior Macrocannage crinkled leather Lady D-Sire bag, £5,100...
...At a meeting held last month, the firm proposed to its board of trustees for Pimco Funds that it consider converting its $141mn Mortgage-Backed Securities Fund from a mutual fund into an ETF, the filing...
...The new rules on British Isas could generate an extra £1.5bn in investment in UK companies, according to Citi....
...The region-wide Stoxx Europe 600 edged up 0.1 per cent shortly after the opening bell. France’s Cac 40 was flat, Germany’s Dax gained 0.1 per cent, and London’s FTSE 100 fell 0.1 per cent....
...Shares in commodity trader and mining company Glencore fell 3.2 per cent, while those in mining group Rio Tinto slipped 1.9 per cent....
...Fresnillo dipped 2 per cent, Anglo American was down 1.3 per cent, and Rio Tinto fell 1.1 per cent....
...The FTSE 100 closed down 1.48 per cent on Wednesday, as questions about the pace of interest rate cuts swirled....
...The region-wide Stoxx Europe 600 gained less than 0.1 per cent. France’s CAC 40 was flat, while Germany’s Dax rose 0.3 per cent....
...But this misunderstands perhaps the most important potential impact of the CTA, which goes into effect on January 1: dismantling the infrastructure that enables financial crimes by imposing liability on...
...The region-wide Stoxx Europe 600 was 0.1 per cent higher on the day. Germany’s Dax climbed 0.5 per cent, France’s Cac 40 gained 0.3 per cent, and London’s FTSE 100 was flat....
...A CRH insider has snapped up $2.5mn (£1.9mn) in shares after the dual-listed FTSE 100 building materials supplier posted a jump in earnings and pre-tax profit in its full-year results....
...Nearly 2,000 ETFs launched in the US between 2019 and 2023, nearly double the 1,100 new mutual funds, according to Morningstar....
...The region-wide Stoxx Europe 600 was down 0.1 per cent shortly after the opening bell, as was Germany’s Dax. France’s Cac 40 dropped 0.3 per cent....
...Partners at the firm took home an average of £1.06mn during the period, which was the highest average partner pay among the Big Four last year....
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