Buxton bails out of Rolls-Royce
Richard Buxton has sold his shares in Rolls-Royce.
Companies
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MoneyFarm appoints chief tech officer ahead of UK launch
Italian digital wealth management firm MoneyFarm has appointed David Jeffrey chief technology officer ahead of its 2016 UK launch.
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Rolls-Royce shakes up senior management
Rolls-Royce is carrying out a shakeup of its senior management in a move which it hopes will be the first step in turning around its fortunes.
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US investor firm targets European growth with London office
New York-headquartered investment firm Pzena Investment Management opened a new London office on Tuesday, as part of the next phase of its European expansion.
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Standard Chartered merges top private bank & wealth mgt roles
Standard Chartered Bank has combined the leadership of its private banking and wealth management divisions into a single global job, which will be taken on by Didier von Daeniken who will be based in Singapore.
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Threadneedle fined £6m over Gersamia fraud case
Threadneedle Asset Management has been fined more than £6m by the FCA following an attempted fraudulent trade involving former emerging market debt fund manager Vladimir Gersamia.
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SLI controversially ends trail commissions
Standard Life Investments (SLI) has written to financial advisers informing them that they will no longer receive renewal commission on SLI retail class shares from 31 March 2016.
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Two moved up and one out as OMW rings in the changes
Old Mutual Wealth (OMW) has announced some people changes that have seen chief distribution officer Mary-Anne McIntyre depart after only three months in the job.
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Sanlam to realign UK businesses
Financial services group Sanlam will amalgamate its UK businesses from 1 January 2016, with all of the businesses falling under the responsibility and management remit of a single corporate entity.
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Dividend cut, ‘radical’ restructuring see Anglo shares plunge
Shares in Anglo American fell more than 8.5% in morning trade on news it will scrap its dividend and ‘radically’ restructure its business.
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Brooks Macdonald moves into Portugal with Generali tie-up
Brooks Macdonald has announced a move into Portugal with a deal making its discretionary investment services available through Generali PanEurope’s Private Wealth Portfolio (PWP).
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Invesco plans to plug property gap
Invesco Real Estate has launched an initiative that could see it become one of the biggest residential property landlords in the UK.
