[ad_1] By Brenna Hughes Neghaiwi, John O’Donnell ZURICH (Reuters) – Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse CSGN.S Chairman Urs Rohner to step down to take…
Tag: Performance / Results / Earnings
Outsourcer Mitie says first-half more resilient than expected
[ad_1] (Reuters) – Mitie Group MTO.L said on Thursday cost cuts eased a blow to first-half profit from the earlier-announced loss of a pair of major contracts and COVID-19 driven…
Mid-size bank mergers should be encouraged – Bank of Italy
[ad_1] ROME (Reuters) – Mergers among Italian mid-size lenders should be encouraged to boost profitability in the sector, Bank of Italy Director General Salvatore Rossi said on Tuesday. Italy’s banking…
Commerzbank board member to exit, continuing management upheaval
[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…
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…
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…