T.Rowe Price names fixed income chief

T. Rowe Price has created a new Fixed Income Solutions Group and hired Peter S. Austin as head of fixed income solutions. Austin will initially focus on enhancing the firm's liability-driven investment solutions capabilities for US pension funds. Previously, Austin served as executive director of BNY Mellon Asset Management, where he was head of BNY Mellon Pension Services.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions