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Brook Asset Management will be dissolved unless creditors object in the next two months

Hedge Funds

Wealth Management Correspondent

Odey Asset Management is gearing up to close down another subsidiary, as it continues overhauling its business in the wake of sexual harassment allegations against founder Crispin Odey.

A first Gazette notice has been filed for Brook Asset Management, alerting creditors that the company is set to be struck off Companies House records.

Odey Asset Management set to shut another subsidiary

Kristen McGachey

Whitbread

Investing

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Trading Places: EY names UK financial services head, BofA promotes 387 MDs

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Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

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In a 12-hour social-media barrage, the world’s richest man led a rebellion against a bill aimed at keeping the government funded.

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Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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