Dryden Wealth Management, Prudential Financial's private client business in Europe and Asia, has hired Richard Hurford, a former programme manager at Royal Bank of Scotland as director for global information technology. Hurford will be responsible for the support and development of technology platforms for locations in Europe and Asia. The position is based in London.

Prudential Financial

Royal Bank of Scotland

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

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Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

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The announcement comes as USS Investment Management said it won’t bid for the property firm.

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The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

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Tencent Shares Hit More Than Three-Year High as App Launches DeepSeek Testing

Unicoin bills its token as being backed by billions of dollars in real-world assets, but Biden administration regulators and some crypto executives were skeptical.

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Financial News

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

Bain Capital Ends Pursuit of Fuji Soft

The New Survival Guide for Private Equity: Go Big or Get Back to Basics

Tencent Shares Rise as App Launches DeepSeek Testing

Will Trump’s Crypto Cops Still Police Fraud? This Flashy Startup Poses a Test