Companies

Companies | 8 Dec 16

Swiss Life’s chief executive for Switzerland is to depart next year, with his successor already identified. Columbia Threadneedle has also named a chief executive, tasked with covering Emea and asset management. Legg Mason’s head of UK sales is set to depart, with a search underway for his replacement.

Companies | 7 Dec 16

Global asset management firm Pioneer Investments, has suspended two top fixed income fund managers at its Dublin-based operation, industry sources have confirmed.

Asia | 7 Dec 16

The Dutch bank ABN Amro is to sell its private banking operations in Hong Kong, Singapore and Dubai totalling $20bn (£15.7bn, €18.6bn) in assets under management to LGT, the two groups announced in separate statements on Tuesday.

Companies | 6 Dec 16

Amundi has bolstered its multi-asset leadership, with Moneyfarm banking on industry experience in its CIO and CFO appointments. Deutsche Bank, meanwhile, is looking to innovate with two senior hires.

Asia | 5 Dec 16

Prudential has kicked off a review of its £45bn ($57.2bn, €53.6bn) pension liabilities business in a move that could see the break up of its UK, US and Asian operations.