Carmignac Gestion, the French fund management firm, has appointed Cora Pfab as sales manager for southern Germany and Austria. She was previously sales manager for Germany at F&C Thames River in London, and has also worked at ABN Amro Asset Management.

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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The lender reported a sharp decline in net profit due to a one-off hit related to the sale of its Brazilian subsidiary and an increase in loan loss allowances.

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Carmignac appoints Germany sales manager

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