News

Press Digest from FN

A round-up of stories making the news this morning...

Press Digest from FN

Axa removes AllianceBernstein chief in major board shake-up
Axa on Friday dismissed 10 directors of AllianceBernstein, including the head Peter Kraus, amid a major board revamp at the $500bn global asset manager. (Times)

Top managers eye £35m bonus pot post Standard Life-Aberdeen merger
Select employees of Standard life and Aberdeen Asset Management will likely share a £35m bonus pot, post the merger of the UK investment duo. The move is believed to be aimed at retaining top fund managers with the merged entity. (FT)

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line