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What's new in financial services today?

UK-based Welrex, which launched its end-to-end digital wealth management platform in Oct’22, has announced that its CFO, Jonathan O’Brien, has made…

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The multi-family office, Peakhouse, has appointed Berry Wong as group CEO, effective immediately. As group CEO, Wong will lead and unify the firm’s teams…

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U.S. equity funds received their first inflows in five weeks in the week to Wednesday, Bank of America Global Research said on Friday, as investors returned…

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The Bank of Mexico lowered its benchmark interest rate by 50 basis points for the third consecutive meeting on Thursday, as inflation remains within the…

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The dollar fell in tandem with U.S. Treasury yields on Friday after downside surprises on U.S. economic data this week cemented bets of more Federal Reserve…

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Schroders, the UK-listed fund group, is outsourcing a significant part of its technology function as part of an ongoing cost-cutting drive under new Chief…

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Victory Capital PM Christopher Clark has left the firm after 18 years. Clark was part of RS Investments, an active equity shop acquired by Victory Capital…

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Jens Nordvig, CEO of Exante Data, believes that the dollar’s recent rebound following the easing of US-China trade tensions is short-lived, and is predicting…

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HSBC has revamped the structure of its IB business, pushing further into the growing private credit market while reducing the scope of its M&A teams….

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SCB has created a dedicated team covering PE firms, HFs and sovereign wealth funds, as part of a wider drive in its IB to win more business from financial…

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Zürcher Kantonalbank brings an Ex-biotech laboratory analyst on board. Urban Fritsche will join the research team at ZKB on 19 May’25. The 49-year-old…

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St James’s Place wants to have at least 55 advisers in Dubai by the end of the year, as the UK wealth giant deepens its ties to the Middle East. The…

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