Invesco has seen two funds downgraded from Gold to Neutral by rating agency Morningstar following the departure of manager Neil Woodford.

The two affected funds are the £7.2 billion Invesco Perpetual Income and the £13.1 billion Invesco Perpetual High Income.

Invesco funds downgraded following Woodford’s departure

Additional departures and increase in assets add to Morningstar decision to downgrade Invesco funds

Rachael Singh

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Emily Shepperd is leaving the regulator after a four-year stint, Financial News learns

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The former chief administrative officer of its investment bank is departing after 15 years

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Therese Niklasson is leaving the fund house after just over three years in the role

The consulting giant terminated North American employees involved in an aid effort marked by violence and disorder.

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Arian Eghbali, who founded a company called Goldman Sachs Capital LLC that is unaffiliated with the investment bank, has popped up in bankruptcy cases as a trustee and creditor representative.

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The new deal means Boeing avoids a trial that was scheduled to start June 23 in connection with the two crashes, which left 346 people dead.

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The world’s largest asset manager can now do business with Texas. Here’s where it stands in other states.

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UniCredit said the EU wouldn’t launch an in-depth investigation into its bid for its smaller rival, effectively clearing the takeover.

UniCredit’s $10 Billion-Plus Bid for Banco BPM Gets EU Clearance

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