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Pimco CEO to retire

Bill Thompson, chief executive of the US asset management firm Pimco, will retire at the end of the year, to be replaced by co-chief executive Mohamed El-Erian.

HFM Columbus appoints two managers from Ward Consultancy

HFM Columbus has appointed James Scott and Ross Ibbotson as private client financial consultants in its London office. Both previously worked at Ward Consultancy as private client managers, where Ibbotson has spent eight years. Scott has also worked for…

Stanchart elevates equity derivatives and structuring

Standard Chartered has appointed Vincent Van Pelt as global head of equity derivatives and commodities and Vinod Aachi as global head of structuring. Van Pelt’s new role harnesses equity derivatives and commodities for the first time at the bank, with…

Powerful ambition

Backed by the financial might of Russia's Renova Group, Avelar Energy is investing in conventional and renewable energy assets across western Europe. Avelar's CEO, Igor Akhmerov, tells Roderick Bruce about his company's strategy

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