News in brief: EFG links with Ibbotson

EFG Private Bank, the London arm of EFG Bank Group, is to collaborate on two alternative investment funds with Ibbotson Associates, the US asset allocation specialist.

It marks the first time that Ibbotson has worked with a UK financial organisation.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions