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PwC UK senior partner hopeful Marissa Thomas exits partnership

Professional Services Correspondent

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PwC UK’s former chief operating officer and managing partner has left the firm’s partnership after losing out in the race for the top job.

 to succeed Kevin Ellis as senior partner of the Big Four’s UK and Middle East business.

Thomas was overlooked for a spot on new senior partner Marco Amitrano’s management team

James Booth

C-Suite

Investing

Schroders and Aberdeen are sticking by their investment management arms — for now

Abrdn’s humiliating U-turn prompts tough questions about its board

BP’s U-turn shows we must rethink investor stewardship

SJP hires ex-Aberdeen marketing boss Rob Sanders as chief client officer

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CEO Mark FitzPatrick continues to overhaul the wealth manager’s leadership team a year after taking the helm

Coutts’ Camilla Stowell joins Rathbones as wealth CEO

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Stowell, who survived the Nigel Farage debanking scandal, will lead Rathbones’ investment management and financial planning divisions

Ex-Credit Suisse trio joins Piper Sandler for Zurich launch

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The US bank has turned to former Credit Suisse staff to expand its European equities business

About $1 billion worth of local brands in its foods Europe division don’t fit the company’s portfolio well, Unilever’s new Chief Fernando Fernandez said.

Unilever to Speed Up Sale of Food Brands, CEO Says

Larry Fink’s clout is on display with a $23 billion deal for ports in Panama and beyond.

BlackRock Becomes a Power Player in Global Shipping—With Help From Trump

Observers say enforcement of similar laws in other jurisdictions and the reputational risks for those seen to skirt the law should continue to motivate corporations to be compliant.

Despite Enforcement Pause, Ignoring Antibribery Law Still Raises Risks for Companies

The chatbot startup has problems, but its founder doesn’t want new shareholders to be one of them.

By Rebecca Feng in Hong Kong and Raffaele Huang in Singapore 

Investors Want a Piece of DeepSeek. Its Founder Says Not Now.

In an interview that aired Sunday, the president demurred when asked if there were reassurances he could provide to businesses seeking more clarity on tariffs.

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