Allianz Global Investors has appointed Andy Wiggins as head of institutional business in the UK, where he will lead the UK institutional business development team. He will also be a member of the European business development team. He previously worked at Threadneedle Investments as head of UK institutional client relationships.

Allianz Global Investors hires institutional head

David Thomas

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London Stock Exchange fires US employee after video of ‘racist’ altercation

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Find out who is on the move in the City and beyond this week

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The UK lender has given the leading compliance job to a 20-year veteran

Barclays hires Centerview dealmaker Woeber to lead global M&A

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The UK lender has tapped a veteran dealmaker to head up a key area of growth

Wells Fargo booked a bigger profit in the first quarter, as lower expenses helped offset a decline in net interest income.

Wells Fargo Profit Rises, Boosted by Lower Expenses

Several big law firms are discussing $500 million in pro bono legal services with the White House to avert restrictions on their business, people familiar with the matter said.

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Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.

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Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said.

Amazon CEO Says Generative AI Will Reinvent Every Customer Experience

Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

Trump’s Tariff Pause ‘Welcome Reprieve’ For Global Economy, Canada PM Carney Says

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