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Asset Management Correspondent

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Paul Stockton, chief executive of UK-listed wealth group Rathbones, will retire later this year after 16 years with the business.

According to a stock market announcement on 20 March, Stockton — who has been in the CEO role for the past six years — will be replaced by Capstone Investment Advisors president and former Man Group executive Jonathan Sorrell.

Stockton, who has been with the UK wealth firm for the past 16 years, will be replaced by Jonathan Sorrell

David Ricketts

Business

Deals

Investing

Meet three of FN’s Rising Stars of European Finance

Wanted: Top lawyers for FN’s legal list

BNP Paribas flies in Lynagh from New York to head UK global banking

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Mark Lynagh is succeeding Matthew Ponsonby who has resigned from the bank

PwC hires Jefferies managing director in deals push

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Big Four firm boosts insurance M&A team with hire from US bank

Citi trader John Nihill joins ex-Brevan Howard portfolio manager’s hedge fund 

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Citi trader John Nihill joins ex-Brevan Howard portfolio manager’s hedge fund

Carl Radford’s White Elk Partners has also hired former Citi director Rob Jewell

His announcement stunned markets. It could also push countries—including the U.S.—to the brink of recession.

Trump’s Tariffs Aim to Create a New World Economic Order

European Commission President Ursula von der Leyen said it is not too late to engage in talks with the U.S.

EU’s Von Der Leyen Vows Response to Trump’s 20% Tariffs

More than $6 billion from heists highlights the sophistication of cyber operations funneling cash to Kim Jong Un’s nuclear program.

By Patricia Kowsmann in Singapore and Timothy W. Martin in Seoul 

How North Korea Cheated Its Way to Crypto Billions

Accenture, Deloitte, IBM and other firms submitted proposed price concessions but are expected to be asked to dig deeper.

Consulting Giants Offer Billions in Cuts to Federal Contracts. It Might Not Be Enough.

The law firm where Doug Emhoff, former Vice President Kamala Harris’s husband, is a partner, agreed to similar concessions as Skadden and Paul Weiss.

Willkie Farr Becomes the Latest Big Law Firm to Strike Deal With Trump

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