LONDON (Reuters) – Veteran investor Martin Gilbert will leave Standard Life Aberdeen (SLA.L) subsequent yr, ending a profession spanning greater than three a long time on the helm of one in all Britain’s most profitable asset managers. FILE PHOTO: The workplaces of Standard Life Aberdeen in Saint Andrew Square Edinburgh, Scotland, Britain February 15, 2019.REUTERS/Russell Cheyne/File Photo The 500 billion …

A WeWork emblem is seen at a WeWork workplace in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch (Reuters) – WeWork’s mum or dad The We Company’s new administration workforce is contemplating curbing its enlargement plans in China as part of the corporate’s new emphasis on controlling prices, the Wall Street Journal reported, citing individuals conversant in the matter. …

(Reuters) – Julius Baer mentioned on Monday Patrick Prinz and Ettore Bonsignore might be becoming a member of the Swiss wealth management group as market heads, efficient Oct. 1. Prinz will function the market head for Germany and Austria, whereas Ettore Bonsignore will work as the top of Italy. Prinz was most just lately the top of personal wealth management …

BENGALURU (Reuters) – A return to considerably higher yields will take longer than beforehand thought, in accordance to a Reuters ballot of fixed-income strategists who slashed their year-ahead main authorities bond yield forecasts to the bottom since polling started 17 years in the past. FILE PHOTO: A dealer works on the ground on the New York Stock Exchange (NYSE) in …

NEW YORK (Reuters) – Investors are beginning to prepare for a protracted U.S. impeachment course of that would drag into 2020. The resolution by the House of Representatives to start impeachment inquiries that would finish in a vote to take away President Donald Trump from workplace added extra uncertainty to a inventory market that’s already struggling underneath the burden of …

SYDNEY (Reuters) – Australia’s AMP Ltd (AMP.AX) has misplaced at the very least one main pension contract whereas different corporations are reviewing their relationship with the wealth supervisor, which has struggled to stem a shopper exodus following revelations of significant misconduct. FILE PHOTO: The brand of AMP Ltd adorns their head workplace situated in central Sydney, Australia, May 5, 2017. …

FILE PHOTO: The brand of SoftBank Group Corp is displayed on the SoftBank World 2017 convention in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo (Reuters) – Japan’s SoftBank Group Corp (9984.T) is looking for the help of its chief working officer, Marcelo Claure, to turn round WeWork, Bloomberg reported on Friday. Claure, who can be the previous chief government …

FILE PHOTO: Bank of America CEO Brian Moynihan attends the World Economic Forum (WEF) annual assembly in Davos, Switzerland, January 22, 2019. REUTERS/Arnd Wiegmann (Reuters) – Bank of America Corp (BAC.N) Chief Executive Officer Brian Moynihan on Wednesday performed down fears of a possible U.S. recession, saying sturdy shopper spending might maintain the economic system rising. “The underlying consumer is …

NEW YORK (Reuters) – Brooke Shields has been within the public eye – and incomes cash – almost from delivery. But in contrast to many different youngster stars, Shields has not flamed out, or gotten misplaced to medicine. Instead she’s a married mother of two, plugging away on enterprise ventures like her “Timeless” clothes line for QVC. FILE PHOTO: Brooke …

NEW YORK/LONDON (Reuters) – After the collapse of Thomas Cook left tens of hundreds of Britons reliant on the federal government to carry them residence, Prime Minister Boris Johnson questioned whether or not the journey agency’s bosses ought to have paid themselves a lot forward of its demise. Running accommodations, resorts and airways for 19 million folks a 12 months, …