News
United Kingdom | news 17 Aug 15
L&G headquarters closure threatens jobs and clients, says union
A plan by insurance and investment giant Legal & General which could see it shut down its headquarters in Surrey will impact severely on customers, a trade union for finance workers has warned.
People Moves | news 17 Aug 15
Pru promotes Solvency II boss to chief risk officer
Prudential has bumped the leader of its Solvency II programme up to the role of chief risk officer as well as making her an executive director on its board.
Deutsche expands ETF offering with equally weighted FTSE 100 tracker
Deutsche Asset & Wealth Management has added to its exchange-traded fund range with the launch of equally weighted FTSE 100 tracker.
Fixed Income | news 17 Aug 15
Flows into RMB bonds likely, says JPM
As authorities take further steps to internationalise the RMB, the currency will strengthen over the medium-term, making onshore bonds attractive, according to JP Morgan Asset Management.
Emerging Markets | news 16 Aug 15
Report: Emerging markets elevated to high risk
Growing concerns in China and other emerging markets could lead to “a prolonged deceleration” and have a “severe knock-on effect across the EU and the US”, according to the most recent report on risk by the Economist Intelligence Unit.