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To reduce asset management expenditures that dragged on profits: Goldman Sachs

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According to a senior executive, the $59 billion in alternative investments that have been a burden on the bank's revenues would be greatly reduced...

Credit Suisse names new asset management COO as post crisis shakeup...

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Credit Suisse named Markus Ruetimann as the new global chief operating officer of Credit Suisse Asset Management (CSAM). Ruetimann will report to Ulrich Koerner as...

HSBC fund arm backs former Rosenberg Equities CEO in ESG startup

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HSBC Asset Management, the fund arm of Britain’s biggest bank, said that it would take a minority stake RadiantESG. This is a women-led U.S.-based...