Pictet on Friday published annual results for the first time in its 210-year history, saying that its assets under management and custody rose by 11.25% in 2014, to Sfr435bn (€414.7bn), amid net inflows worth Sfr17bn.

Pictet reports 11% full-year growth in client assets

Financial News

UBS promotes 174 people to managing director — here are the names

HSBC plans fresh layoffs in investment bank as overhaul picks up pace

Perella Weinberg Partners hands junior bankers extra $10k award after record year

Trading Places: BNP’s new COO, Clifford Chance poaches from KKR

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

Clifford Chance hires KKR director in London private equity drive

https://images.fnlondon.com/im-81781958?size=1.5

Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

https://images.fnlondon.com/im-06153452?size=1.5

The London-based bank said it is cooperating with the investigation.

Barclays Faces Probe From U.K. Regulator Over Money-Laundering Controls

Moscow has suggested that Washington has been responsible for prolonging the war and that it alone can agree with Russia on ending it.

By Matthew Luxmoore | Photographs by Serhii Korovayny for WSJ 

Putin Gets What He Has Long Wanted: Direct Talks With U.S.

The move ends months of speculation over how the company would move ahead with its plans to separate the business.

Unilever Picks Amsterdam Over London for Ice Cream Unit’s Primary Listing 

The regulator plans to speed up its decision-making on large deals amid concern its probes could be having a chilling effect on investment.

U.K. Competition Watchdog Targets Faster M&A Reviews

Tariff fears have roiled gold markets, pushing JPMorgan and others to stash bullion on passenger planes to sell at record prices.

Why Dealers Are Flying Gold Bars by Plane From London to New York

lIBbf58ox2NuB7kvU6Sgo7A2b5ZenDbyTUwZVlfLNTjAA5TIN2G6bW8y4gO5/R6KQrAydLEMkaxJRZKZUl2EMUO/vkV0XwZcrHqZt0M7EomvcRQ7SQEhbsh/Iznzvpbm0xMib+TybxfVUc/uUlO/paX92yptEt7cE5A3DHRRlpDx+WFlmOblnoWU+QR1OylcCmRGWGNSod0FOhLoqp82fPFcc1YAvrt2qRU4Q+laJ9u+lnUFkP9xJywaPmcpowRzLCx8FoAZL6fzR9aYMeId1WTXLIO2b9dHu0kqvLt84mQHS8wJF9Cpy9CcxlkTgetmjt9LzxZLlfSv