Analysts hail F&C disposal

HypoVereinsbank's decision to sell control of UK-based manager Foreign & Colonial is being hailed as a logical move by consultants operating in Germany.

HV has recently developed 'open architecture' expertise in outsourcing administration and investment capabilities, partly via an initiative with Volkswagen (Financial News, May 29).

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions