Invesco Ltd. (IVZ), announced the appointment of James B. Lockhart III as vice chairman of its investment affiliate WL Ross & Co. LLC, effective September. Lockhart is currently serving as the director and chairman of the Oversight Board of the Federal Housing Finance Agency, or FHFA.
Previously, Lockhart served as director of the Office of Federal Housing Enterprise Oversight, which is now part of FHFA. FHFA is the regulator of Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.