Decision to raise allocation to private equity and other assets comes after it missed out on up to $18bn of returns
BNP Paribas and Deutsche Bank reduce bonus pool but industry expects upswing in activity this year
FTSE 250 merchant bank takes ‘prudent’ measures to strengthen its balance sheet amid FCA review
CEO Andrew Schlossberg says the $1.6tn asset manager is also open to deals in private credit
Moving interest rates closer to the central bank’s 2% inflation target could take much longer than expected