JP Morgan Chase is in the process of laying-off around 100 employees from its asset management division globally following a review of the business, according to sources familiar with the matter.
The changes represent around 1% to 2% of the arm, according to the Wall Street Journal, and will be seen across the business and in cities over the world. The move was spurred by an internal review...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.