Consulting firm Sionic hires Monahan to run asset servicing unit

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Consulting firm Sionic hires Monahan to run asset servicing unit

NEW YORK (Reuters)<?xml version="1.0" encoding="utf-16"?> - Sionic has hired James Monahan from Morgan Stanley to run the consulting firm's new global asset servicing team, according to a statement on Tuesday.

Swiss banks see growth shifting to EU if no treaty is struck

Swiss banks will have to shift more operations to the European Union if Switzerland fails to secure a treaty with the trading bloc, Geneva private bankers said on Tuesday.

Asset manager Schroders appoints Marc Brookman as CEO of North America division

British asset manager Schroders Plc on Tuesday appointed Marc Brookman as chief executive officer of its North America division.

Germany's Aareal conducts strategic review following calls from investor

German real estate lender Aareal said on Monday it had embarked on a strategic review following calls from an activist investor to consider the sale of its software unit Aareon.

Schroders, Lloyds wealth venture appoints former IG Group boss as CEO

Schroders Personal Wealth (SPW), a joint venture between Schroders and Lloyds Banking Group, said on Monday it has appointed former IG Group executive Peter Hetherington as chief executive officer.

KKR seeks $1.5 billion for third special situations fund: sources

U.S. private equity firm KKR & Co Inc is seeking to raise $1.5 billion for its third special situations fund, people familiar with the matter said on Friday.

Your Money: U.S. tax reform further complicates federal student aid form

U.S. tax reform is finally catching up with the college financial aid process, and the synchronization is off to a rocky start.

U.S. stock funds post second straight weekly outflow

U.S. equity funds saw $7.9 billion in outflows in the last week, the second consecutive weekly drawdown, as bond and money market funds drew money, according to data released by Lipper on Thursday.

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