Monday, 4 May 2015
Last updated 9 hours ago
Sep 9 2010 | 1:58pm ET
A former British trade minister has been named chairman of hedge fund PineBridge Investments.
Mervyn Davies took the non-executive post last month at the New York-based firm, which has about $78 billion in assets under management. Davies, who will be based in London, was trade minister from January 2009 through May, when the ruling Labour Party was ousted from office.
Before joining the government, Davis was CEO of Standard Chartered Bank.
PineBridge is the former asset management arm of insurance giant American International Group. The firm was bought in March by businessman Richard Li.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…