{
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franklin resources to integrate wamco amid sec investigation and job cuts

Franklin Resources Inc. will begin integrating parts of its Western Asset Management Co. unit as it faces a Securities and Exchange Commission investigation involving its prominent bond manager, Ken Leech. The transition will see Wamco's middle office operations merged into the larger firm, as announced by Franklin CEO Jenny Johnson and Wamco CEO Jim Hirschmann during a recent town hall meeting.
Bloomberg.com
Franklin Resources, Inc. Western Asset Management Company LLC USA Jim Hirschmann Jenny Johnson
Finance & Economy, News Article
23:08 14.11.2024
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