MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Mercury Asset Management

chairman Hugh Stevenson will leave the company this week to become chairman-designate of Equitas, the group established by Lloyd's of London to reinsure £8 billion ($13.3 billion) in losses the insurance market suffered prior to 1992. Stevenson became Mercury's chairman in 1992 after 22 years with SG Warburg and led the firm into the £3 billion ($5 billion) merger with Merrill Lynch last year.

Gerald Lieberman

is resigning as Fidelity Investments chief financial officer

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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