BT CIO departs amid allegations

A BT spokesperson confirmed to InvestorDaily today that Martyn Wild has stepped down after previously being disciplined for breaches of Westpac Group’s code of conduct arising out of a “number of recent allegations”. Read the full story at InvestorDaily.  ...

Asset managers updating hiring practices: PwC

A global survey of chief compliance officers (CCO) conducted by the consultancy firm found staff retention was a problem for 66 per cent of respondents, and was driving up the cost of hiring compliance staff, with half of respondents adding their compliance budgets...