ISS urges Pitney Bowes shareholders to back 4 dissident directors in proxy fight

[ad_1] NEW YORK, April 26 (Reuters) – Institutional Shareholder Services on Wednesday recommended that Pitney Bowes (PBI.N) shareholders elect four of the five dissident director candidates investment firm Hestia Capital…

Fox announces new unit to house digital businesses

[ad_1] April 26 (Reuters) – Media company Fox Corp (FOXA.O) on Wednesday said it would house its standalone digital businesses under a new unit, Tubi Media Group, along with its…

Deutsche Bank overhauls board as U.S. head Riley joins Santander

[ad_1] FRANKFURT, April 26 (Reuters) – Deutsche Bank (DBKGn.DE) is undertaking its biggest management shake-up since 2019, the German bank said on Wednesday as it announced the departure of Christiana…

Veteran banker Win Bischoff dies at 81

[ad_1] LONDON, April 26 (Reuters) – Win Bischoff, one of the world’s most influential and celebrated financiers, has died at the age of 81, a member of the Bischoff family…

UBS hit by old toxic debt costs ahead of ‘hard’ Credit Suisse task

[ad_1] Problem debt dates back 15 years to financial crash UBS expects to close C. Suisse deal by 2Q, possibly May CEO warns of ‘hard’ task of integrating Credit Suisse…

UBS hires Barclays executives to beef up investment banking in U.S.

[ad_1] April 24 (Reuters) – UBS Group (UBSG.S) said on Monday it had hired three executives from Barclays Plc (BARC.L) in a big push to ramp up its U.S. investment…

UBS Chief Risk Officer Bluhm to continue in role

[ad_1] ZURICH, April 24 (Reuters) – UBS (UBSG.S) on Monday said Christian Bluhm will continue as Group Chief Risk Officer for the “foreseeable future” due to the Swiss bank’s takeover…

SVB CEO, CFO resign, company appoints turnaround expert as interim finance head

[ad_1] April 21 (Reuters) – SVB Financial Group’s CEO and chief financial officer resigned this week while the collapsed lender’s restructuring committee appointed a turnaround expert as interim CFO, according…

Enel’s CEO candidate aims to cut costs, confirm dividend policy, Bloomberg reports

[ad_1] April 21 (Reuters) – Italy’s biggest utility company Enel SpA (ENEI.MI) plans to accelerate cost-cutting measures and maintain its dividend policy under its new government-proposed management, Bloomberg News reported…

Nasdaq appoints Cohen and Griggs each as presidents, formalizing new structure

[ad_1] April 21 (Reuters) – Nasdaq Inc (NDAQ.O) on Friday said its board appointed Tal Cohen and Nelson Griggs each as presidents, formalizing the corporate structure the transatlantic exchange operator…