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Latest News - Michelle Abrego

BlackRock plans succession in promotion of iShares boss

BlackRock chief executive Larry Fink has promoted iShares boss Mark Wiedman, as part of possible succession plan and hinted at further management changes to come

Credit Suisse reveals seven new roles in wealth shakeup

Credit Suisse has named new market leaders in a reorganization of its International Wealth Management (IWM) division.

Merrill Lynch WM sells international trust business to UK specialist

UK group to acquire Merrill Lynch Wealth Management's International Trust & Wealth Structuring business.

Fed's more hawkish tone surprises bond managers

Fixed income managers surprised by the central bank’s stated intention of raising rates three times next year.

Fed must raise rates to stem a bond sell-off

The US Federal Reserve’s policy choices are even more critical following Donald Trump's shocking win, says Old Mutual bond boss.

JPM wealth arms fined $307m over client disclosure failings

JPMorgan Chase has been fined over $300 million over allegations that it did not properly inform clients about conflicts of interests.

‘The stars have aligned’: manager relief as Fed finally raises rates

Fund managers welcome Janet Yellen and Co's first move since before the financial crisis.

US value veteran Smead finds inspiration in Hollywood and greyhounds

The contrarian US equity veteran is looking for the ‘Meryl Streep of stocks’: companies that are on course to become box office stars.

The stateside view: 'We're bailing out China'

The sell-off in China and global market volatility over the last month has kept the Federal Reserve from hiking interest rates despite stronger domestic data, according to fund managers.

FCA to dispel suitability expectation 'myths'

The Financial Conduct Authority (FCA) is working to dispel the 'myths' that are built up over the regulator's expectations.