John Crabb

After two years of poor issuance, investment banks may have to cut jobs if volumes don’t pick up in 2024

The FCA and BoE’s latest initiative aims to foster innovation in the blockchain space, as the UK tries to keep pace with advanced competitors

By Libby Palanza June 7, 2024 Updated: June 7, 2024 No Comments

The outcome to today’s election is likely to steer a regulatory shift that determines how asset managers evolve over the next four years.

The move will see incumbent Phil Middleton relocate to London to head up the U.K. for the firm.

The nascent sector is facing an existential threat from the President-Elect, but sources say it can pivot to safety.

The firm’s COO has taken the top job and will join the board in January.

Citing both political and economic reasons for bullishness on nixing fossil fuels, Jagdeep Bachher insists the move will also weather the Trump administration.

Critics suggest the proposal conflicts prudential passivity agreements and expect the incoming administration to abandon them.

The pair’s collaboration follows KKR and Capital Group’s strategic partnership as the mainstream continues drive for diversification.