The financial world is buzzing with news of Stuart White’s departure from HSBC Asset Management, his role as UK CEO coming to an end after a significant tenure. This unexpected move raises numerous questions about the future direction of HSBC Asset Management in the UK and the broader implications for …
Read More »Amundi’s BPM Failure? UniCredit Seeks Powerful Replacements
UniCredit, Italy’s largest bank, is reportedly exploring alternative asset management partners to Amundi, raising significant questions about the future of their long-standing business partnership. This strategic shift comes amidst growing uncertainty surrounding the backing of Banca Profilo Milano (BPM), a key player in the Italian financial landscape. The implications are …
Read More »$52 Billion at Risk: State Street’s Swiss Mandate Crisis
The financial world is watching closely as State Street, a global giant in asset management and custody banking, faces the potential loss of a staggering $52 billion Swiss pension mandate. This significant development raises crucial questions about the future of State Street’s European operations, the implications for the Swiss pension …
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