Lord Mervyn Davies, former trade minister and ex-chairman of Standard Chartered Bank, has taken on his second senior position with a financial services firm this year.

He has joined US PineBridge Investments, the asset management business formerly owned by AIG, as non-executive chairman. He joined New York-based private equity firm Corsair Capital earlier this year as a vice chairman and partner.

Standard Chartered chief adds ex-AIG asset manager to his portfolio of senior positions

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Deutsche Bank’s UK MD numbers slide for the first time in four years

HSBC plans to increase staff surveillance as it moves to new London HQ

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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U.S. Stocks Amble to Fresh Records on Optimism for a September Rate Cut

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Tricks of the trade gain new importance as 401(k) accounts open up to alternative investments.

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The bank’s quarterly net result declined but revenue rose 13% compared with a year ago, and it reaffirmed its capital returns plans.

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White House Preps Order to Punish Banks That Discriminate Against Conservatives

Some fear a decline in the world-leading economic statistics underpinning U.S. markets.

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Lord Davies joins PineBridge as chairman

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