NEW YORK (Reuters)<?xml version="1.0" encoding="utf-16"?> - Sionic has hired James Monahan from Morgan Stanley to run the consulting firm's new global asset servicing team, according to a statement on Tuesday.
Swiss banks will have to shift more operations to the European Union if Switzerland fails to secure a treaty with the trading bloc, Geneva private bankers said on Tuesday.
German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon.
Schroders Personal Wealth (SPW), a joint venture between Schroders and Lloyds Banking Group, said on Monday it has appointed former IG Group executive Peter Hetherington as chief executive officer.
U.S. private equity firm KKR & Co Inc is seeking to raise $1.5 billion for its third special situations fund, people familiar with the matter said on Friday.
U.S. equity funds saw $7.9 billion in outflows in the last week, the second consecutive weekly drawdown, as bond and money market funds drew money, according to data released by Lipper on Thursday.
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