Barclays
Ex-Barclays Wealth chief’s insight tool courting investors
Former Barclays Wealth and Investment chief executive Akshaya Bhargava has founded a fintech app, which promises to bring insights from institutional asset management to private investors and their advisers.
Entrepreneur client segment hits M&A peak
Entrepreneurs are consolidating their businesses at the fastest rate for six years.
North America | 11 May 17
Barclays fined $97m for overcharging advice clients in US
Barclays has agreed to pay more than $97m (£74.9m, €89.2m) to refund advice and mutual fund sales fees to US clients who were charged for services they did not receive.
Bob Diamond joins forces with Qatari bank for London comeback
Former Barclays chief executive Bob Diamond has teamed up with a Qatari investment bank to buy one of London’s oldest stockbroking firms Panmure Gordon.
PEOPLE MOVES: Value Partners, Standard Life Inv., Nordea AM
Value Partners has poached the chief executive of Prudential’s Asian investment arm, Eastspring Investments. Standard Life Investment has named a head of investments, with Nordea Asset Management replacing its outgoing chief executive.