Sanlam UK acquired a 55% stake in independent financial planning business Avidus Scott Lang (ASL), doubling its footprint in the North of England.
Since the purchase of Banco Popular by Santander for a symbolic euro in June 2017, former Popular shareholders and creditors rush into courts to claim their money back.
Valentijn van Nieuwenhuijzen, chief investment officer (CIO) at NN Investment Partners (NNIP), which has integrated ESG criteria for 66% (€179 billion) of its assets under management, breaks down the ESG integration process.
The US bank files for regulatory approval to raise its stake to 51% in its Goldman Sachs Gao Hua joint-venture.
French bank Societe Generale, which is disposing its assets, is looking for alternatives for its Lyxor asset management business, which oversees about 151 billion euros ($167 billion).
BNP Paribas Securities Service (BP2S) is planning to reduce around 500 jobs in France over the next three years, to “pursue sustainable and profitable growth”.
The Norwegian Government Pension Fund returned 3 percent in the second quarter of 2019, thanks to a strong performance by US tech giants Microsoft, Apple and Amazon.