 | | | | Private equity firms GTCR LLC and Reverence Capital Partners said on Monday financial industry veteran Joseph Sullivan will head Wells Fargo Asset Management, the business they agreed to acquire earlier this year from Wells Fargo (WFC.N) in a $2.1 billion deal. | | | | | | British asset manager M&G (MNG.L) has launched a sustainable version of its flagship 56 billion pounds ($77 billion) PruFund range of funds, its chief executive told Reuters. | | | | | | A wild week in Treasuries has investors parsing the cross-currents that may sway prices for U.S. government bonds in coming weeks, including the Federal Reserve, economic data and investor positioning. | | | | | | Global fund investors ploughed the most money into high quality bonds in nearly 5 months over the last week BofA analysts estimated on Friday, amid the ongoing unwind of the global reflation trade. | | | | | | Credit Suisse (CSGN.S) has hired UBS' David Kruck, with new divisional head Ulrich Koerner bringing in a former colleague | | | | | | A rally in the U.S. dollar has investors looking at a broad range of factors -- from global COVID-19 infections to yield gaps -- to determine whether the greenback will continue appreciating. | | | | | | JPMorgan Chase & Co (JPM.N) will allow all of its wealth management clients access to cryptocurrency funds, Business Insider reported on Thursday, citing sources. | | | | | | Britain's government on Thursday unveiled a blueprint for returning NatWest (NWG.L) to majority private ownership within a year, more than a decade since bailing out the lender at the height of the global financial crisis. | | | | | | Barclays (BARC.L) has appointed Ingrid Hengster as country Chief Executive for Germany, the British bank said on Thursday, as well as making her a global chairman for investment banking. | | | | | | Investors are looking to a mounting pile of cash at U.S. companies to provide support for the stock market in coming months, as executives announce plans to increase share buybacks, boost dividends or pour money back into their businesses. | | | | | |
