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Bowe loses Chase job in merger

Former PIA chief executive Colette Bowe is to lose her job at Chase Fleming Asset Management as a result of the imminent merger with JP Morgan.

Bowe, one of the City&#39s highest profile female executives, is chairman of Western pooled funds at Chase, which involves heading Fleming&#39s retail arm Save & Prosper.

Bowe&#39s role will be taken over by JP Morgan head of asset management services (Europe) Hendrik Van Riel.

Chase Fleming Asset Management press manager Alex Billson says: “The move is due to a management restructure resulting from the merger with JP Morgan. We expect the deal to take place early next year when Van Riel will effectively take over Colette Bowe&#39s role.”


L&G chief exec stays on in boardroom reshuffle

A boardroom reshuffle at Legal and General will see chief executive David Prosser remain a further two years and corporate business director Andrew Palmer replace Tony Hobson, who is retiring as after 13 years, as finance director. The shake up means Prosser who was due to retire in 2004, will now stay on until 2006. […]

Synaptic and Focus link up to aid IFA net trading

Financial services software firms Synaptic and Focus Solutions are teaming up to offer IFAs increased electronic trading capability.Synaptic will use the internal server version of Focus&#39s goal:proposal software with members of the Burns And erson and Berkeley networks.The software makes it easier for IFAs to complete and submit new business applications electronically.Using the Focus software […]

moore&#39s code

Panic. It&#39s the end of the earth. Millions of people will be ripped off. The friendly local independent financial adviser who has helped so many to a healthy, wealthy retirement is no more, thanks to that nasty man at number 11 Downing Street.Well, maybe. The Gov ernment and FSA have certainly between them opened a […]

The Express route to Northern Ireland

Mortgage Express is taking its specialist lending products to Northern Ireland after demand from intermediaries.Northern Ireland has a different legal system from Eng land and Wales and Scotland. This means the Bradford & Bingley specialist lending arm has had to draft new documentation to make its products applicable in Northern Ireland.Borrowers can access Mortgage Express […]


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