Western Europe

Despite recovery in the US jobs market, wages are set to lag for some time yet according to the views of BNP Paribas.

The Swiss Financial Market Supervisory Authority FINMA has now appointed Peter Giger as deputy CEO, completing the appointments to its executive board.

Deutsche Asset & Wealth Management (DeAWM) has announced that it will standardise the names of its investment products under the ‘Deutsche' label as of August 2014.

Pan-European financial advisory firm CR Investment Management has announced that its Transaction Advisory Group advised on the sale of CityTower Offenbach to Publity AG.

Frankfurt-based Bethmann Bank has announced that it will extend its existing range of services to external asset managers (EAMs).

Union Investment has now launched two new funds, UniKonzept: Portfolio and UniKonzept: Dividends.

Standard Life Investments has confirmed its acquisition of Ignis Asset Management from a subsidiary of Phoenix Group Holdings for £390m.

Transparency, excellent risk management and humility are key attributes in a fund manager says Iris Grümm, senior fund selector at Vienna-based Erste Bank.

Societe Generale Securities Services (SGSS) has launched a trade repository reporting offer for OTC derivatives, servicing multi-counterparties and multi-asset classes, under the European Markets Infrastructure Regulation (EMIR).