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BNP Paribas dollar clearing ban to start in 2015

Money On Hook

BNP Paribas won a reprieve during final talks to settle a criminal probe into U.S. sanctions violations, giving the bank six months to prepare for a ban on handling certain dollar transactions, according to a person with direct knowledge of the matter.

Henderson strengthens North American business

For Sale

Henderson Global Investors has entered into an agreement to acquire the entire issued share capital of Geneva Capital Management. Founded in 1987, Geneva has assets under management of $6.3bn¹ in Mid- and Small-Cap US growth equities.