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Leadership team reshuffled as wealth managers make progress on merger

Online Editor

Investec Wealth & Investment's UK boss Iain Hooley will take over as chief financial officer of Rathbones as the merger between the two wealth management powerhouses continues.

 to create £100bn firm in April, and have been pressing ahead with plans to bring the two businesses together under the Rathbones brand.

Rathbones appoints new CFO after Investec merger

Justin Cash

Rathbones

Investec

Business

C-Suite

Investing

BlackRock’s drive into private assets should worry smaller rivals — again

Schroders’ new team must deliver or pressure for break-up will grow

EU’s response to Trump trade war could add to UK’s Brexit damage

Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Chicago-based Northern Trust has a market value north of $21 billion. The firms’ chief executives had at least one conversation.

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger

Oil climbed and Asian equity markets fell after the U.S. carried out strikes on Iranian nuclear sites over the weekend, raising concerns about an escalation of the conflict that began with Israeli attacks on Iran.

Oil Stays Volatile as Markets Weigh U.S. Attacks on Iran

In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent.

By Meghan Bobrowsky, Berber Jin and Ben Cohen

Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Pay Packages

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

How Weight-Loss Drugs Blew Out the U.S. Trade Deficit

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Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger

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Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Pay Packages

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How Weight-Loss Drugs Blew Out the U.S. Trade Deficit