10/18/2012

Barclays to Cut Europe Equity Jobs in Cost Reduction Plan

Barclays is cutting just under 10 percent of staff in its equities division in Europe, Middle East and Africa as part of a plan to reduce costs amid a slump in trading volumes, said people with knowledge of the matter.

10/17/2012

Legal & General reshuffles overseas business

L&G sees substantial opportunities to accelerate the growth of our international businesses using many of the capabilities and synergies from our market leading UK businesses.

10/15/2012

Rothschild quits Bumi

An extraordinary City row erupted last night when Nat Rothschild abruptly quit the board of a mining company he created, accusing his chairman of being "complicit" in the "oppression" of some shareholders.

10/15/2012

BNP Paribas reshuffles multi-manager team

BNP Paribas harnesses expertise of multi-billion euro business on risk-rated range strategy FundQuest, the multi-manager business within BNP Paribas, was responsible for both the fund research and management of the IFSL Sinfonia risk-rated funds.