Abrdn Announces CEO Succession Plan and Q2 Progress
Abrdn's CEO Stephen Bird announces his departure, with finance chief Jason Windsor taking over as interim group CEO until...
Abrdn
Phoenix Group Holdings CFO to Step Down
Lead: Phoenix Group Holdings announces CFO Rakesh Thakrar's departure and Stephanie Bruce's appointment as interim CFO, signaling a change...
US Futures Flat, European Stocks Mostly Rise
**Lead:** "Global markets show mixed signals as U.S. futures remain flat, European stocks see varied movements, and Asian markets...
Abrdn Reports Strong Performance Despite Market Challenges
Lead: Despite challenging market conditions, Abrdn impresses with better-than-expected results, narrowing its pretax loss and beating consensus on adjusted...
Abrdn to Cut 500 Jobs in Cost-Cutting Initiative
In a bid to cut costs following a challenging year, investment company Abrdn plans to lay off around 10%...
Abrdn Announces Job Cuts in Cost-Reduction Drive
In a move to reduce costs by £150 million by the end of 2025, investment company Abrdn plans to...
Abrdn to Sell European Private Equity Business to Patria Investments for Up to GBP100 Mln
In a strategic move, Abrdn has agreed to sell its European private-equity business to Patria Investments for up to...