[ad_1] FILE PHOTO: A company logo is pictured at the headquarters of Germany’s Commerzbank AG during the annual results news conference in Frankfurt, Germany, February 13, 2020. REUTERS/Ralph Orlowski FRANKFURT…
Tag: Change of CEO
TSB CEO leaves bank after IT fiasco batters brand
[ad_1] By Emma Rumney, Sinead Cruise LONDON (Reuters) – Paul Pester, the chief executive of Britain’s crisis-hit TSB Bank, is stepping down after months of pressure following a botched IT…
Swedbank names frontrunner Henriksson new CEO in bid to rebuild trust
[ad_1] By Johannes Hellstrom, Simon Johnson STOCKHOLM (Reuters) – Swedbank SWEDa.ST has named Jens Henriksson, the head of insurer Folksam as chief executive officer, as the lender tries to rebuild…
Investment bank loss mars Thiam’s final act at Credit Suisse
[ad_1] By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse posted its highest annual profit in nearly a decade on Thursday, but volatile earnings at its investment bank and trading…
CORRECTED-UPDATE 2-AT&T announces John Stankey will become CEO on July 1
[ad_1] (Corrects penultimate paragraph to show Levin Easterly two words; holds 1.93 million shares of AT&T, not $1.93 million worth of shares) April 24 (Reuters) – Veteran John Stankey will…
German union in show of strength as Commerzbank’s top duo exits
[ad_1] By Tom Sims, Hans Seidenstuecker FRANKFURT (Reuters) – Commerzbank’s CBKG.DE chief executive and chairman were under pressure from activist investors to axe jobs, but they decided to go first…
UK Finance appoints David Postings as its new chief executive
[ad_1] (Reuters) – UK Finance, a banking industry body, said on Tuesday David Postings has been appointed as its new chief executive. Postings, who earlier worked for Bibby Financial Services,…
Panasonic appoints company veteran Kusumi as CEO, replacing Tsuga
[ad_1] FILE PHOTO: A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s Panasonic Corp 6752.T…
KPN acts swiftly to end CEO search, names insider Farwerck
[ad_1] AMSTERDAM (Reuters) – Top Dutch telecoms company KPN NV KPN.AS on Tuesday named insider Joost Farwerck as its new chief executive officer and announced a wider management revamp, a…