$50 for your first 3 months Get the print edition and steer from crisis to recovery
Add this topic to your myFT Digest for news straight to your inbox
Move to allow women to join is in step with some members’ corporate mission statements
Appointment makes Hanneke Smits one of the most powerful women in asset management
Despite vanishing yields, money market funds provide vital flexibility
Executive elevated from interim role after six month search process
The appointments include Nick Clay and Andrew MacKirdy, co-managers of a £5.2bn top-performing fund
Bank swaps $1.2bn of assets for cash to cover redemptions at Dreyfus Cash Management fund
Used by rival fund managers, the reach of the Aladdin platform raises possible conflicts of interest
Once popular products are now UK’s worst selling funds group after chronic underperformance
‘Father of the index fund’ who co-founded Mellon Capital Management
FRC had called for record penalty of £12.5m over botched reports
Trust bank says it contended with ‘difficult operating environment’ in second quarter
State Street and BNY Mellon are getting squeezed as investor clients seek lower fees
US bank will instead seek to extend lease on its current Queen Victoria Street base
BNY Mellon has new chief executive of its $246bn wealth management arm
Chief executive talks about the fund industry’s future, AI . . . and Jersey cows
Tweak to controversial leverage ratio will benefit custody banks in particular
Tom Hoenig says relaxation of post-crisis constraints could undermine US economy
New chief executive says tough backdrop is unlikely to change at US’s oldest bank
Brian Conroy returns to Fidelity Investments
Bank’s chief executive-to-be says activities will move to front office
Credit card issuer posts quarterly loss
International Edition
