Merrill Lynch Investment Managers (MLIM) has poached Mark Rimmer from fund manager Aon Advisers to become a client relationship manager in its fixed income team.

Rimmer, 38, will focus on high yield and investment grade bond products.

Merrill Lynch raids Aon Advisers to boost fixed income team

William Hutchings

Legal & General

Private equity firms to slow wealth deals after UK boom: ‘It’s been like stacking shelves’

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

Private equity’s wealth spree in the spotlight as AFH deal terms raise conflict concerns

Trading Places: Point72, Caxton and T Rowe Price make hires

https://images.fnlondon.com/im-329118?size=1.5

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

Point72 hires ex-Millennium portfolio manager Prejesh Patel

https://images.fnlondon.com/im-99532724?size=1.5

Patel, who marks the hedge fund’s latest hire, will be based in its London office

Jain Global money manager Anurag Nema exits to Caxton after one year

https://images.fnlondon.com/im-54993791?size=1.5

Bobby Jain’s hedge fund launched in July

The president’s attacks on Jerome Powell could put a “shadow of suspicion” over whomever Trump picks as the next central-bank chief.

Trump Is Making the Next Fed Chair’s Job Even Harder

Billionaire investor Thomas Kaplan is nearing a long-held ambition: control of a big gold deposit in Alaska.

Gold Bull Kaplan Lands ‘Holy Grail’ Deposit as Precious Metal Hits Records

Google-parent Alphabet reported solid earnings, but the tariff impact on the second quarter is still unclear.

Google’s Earnings Power Holds Up in Global Turbulence

Chief executives are warning that big-ticket items will cost more,  while travel becomes an early trade-war casualty.

By Lynn Cook, Alison Sider and Caitlin McCabe

Corporate Giants Shred Outlooks Over Tariff Uncertainty

The president has softened his economic and trade stances in the midst of market turmoil.

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Financial News

Trump Is Making the Next Fed Chair’s Job Even Harder

Gold Bull Kaplan Lands ‘Holy Grail’ Deposit as Precious Metal Hits Records

Google’s Earnings Power Holds Up in Global Turbulence

Corporate Giants Shred Outlooks Over Tariff Uncertainty

Trump Meets His Match: The Markets