Finance firms plan UK hires despite Brexit clouds
Financial services firms are shrugging off Brexit uncertainties and planning hires in the UK. The proportion of firms looking to raise headcount over the next three months outweighs those planning to cut staff by 11%, according to the latest quarterly survey by Confederation of British Industry and PwC. (Telegraph)
US court dismisses claims against BlackRock’s ETF unit
The San Francisco Superior Court last week threw out a lawsuit against BlackRock filed by an investor group accusing its iShares unit – which manages exchange-traded funds worth $1.5tn - of not disclosing in fund documents certain warnings about what could go wrong. (WSJ)