St James’s Place inflows surge ahead of fee changes
Schroders reports new business boost, while AJ Bell boss warns of ‘damaging uncertainty’ before Budget
National/regional news and analysis
BoG cautiously optimistic on economy and banking sector
Greece’s economy and banking system are holding firm against global headwinds, according to the Bank of Greece (BoG)’s latest Financial Stability Review.
Former Citi banker jailed over role in Singapore money-laundering scandal
The case resulted in the city-state tightening regulations around family offices
The tweeting turmoil inside Sequoia Capital
Plus, private equity goes big in Japan and a $20bn nuclear energy puzzle
Collective DC schemes will play ‘significant role’ in pensions, says UK minister
Torsten Bell tells FT that new products will boost trust in retirement savings system
Contentious sukuk rule may never come into force, says IsDB chair
Standard 62 proposes change in asset ownership rules but analysts warn of higher costs and lower bond issuance
Asset managers trim real estate holdings amid market downturn
Retreat comes as sluggish sales and high interest rates weigh on cash flows from property funds
Citi board names Jane Fraser as chair and awards her $25mn bonus
Roles of board leader and CEO will be reunited in move to underscore her leadership amid radical overhaul
Oil Prices Dropped 18%, Helping Drivers, but Squeezing the Industry
Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.
UK regulator rejects calls to slash bank capital rules on sovereign debt
Sam Woods says change lobbied for by industry would ‘be equivalent to ripping off our jacket, warm hat and gloves’
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