Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO

[ad_1] Alibaba CEO Eddie Wu to take over cloud unit from Daniel Zhang Move comes months after Zhang chose to focus solely on cloud Analysts raise concerns over potential discord,…

Ripe for change? Activist investors eye food, consumer goods

[ad_1] LONDON, Sept 11 (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone’s (DANO.PA) board, saying it had built…

Swiss post mortem of Credit Suisse crisis to go back to 2015

[ad_1] The logo of Credit Suisse is pictured on a building near the Hallenstadion where took place the Annual General Meeting, two weeks after being bought by rival UBS in…

UBS CEO insists bank not too big after Credit Suisse takeover

[ad_1] [1/2]Sergio Ermotti, UBS Group Chief Executive Officer attends a press conference of Swiss bank UBS after the takeover of Credit Suisse, in Zurich, Switzerland, August 31, 2023. REUTERS/Denis Balibouse…

Switzerland sees no major impact on labour market from Credit Suisse merger

[ad_1] Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing Rights BERLIN, Aug 31…

UBS names 21 country heads across EMEA region – memo

[ad_1] The logo of Swiss bank UBS is seen at the company’s office at the Bahnhofstrasse in Zurich in this July 1, 2009, photo. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights…

JPMorgan appoints Khalid Fayez as CEO for JPMorgan Saudi Arabia

[ad_1] DUBAI, Aug 17 (Reuters) – JPMorgan Chase announced on Thursday the appointment of Khalid Fayez as CEO of JPMorgan Saudi Arabia Company, the firm’s Securities arm in the Kingdom.…

Walmart promotes CEO of Sam’s Club to head International division

[ad_1] The logo of a Walmart Superstore in Rosemead, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni/File Photo Acquire Licensing Rights Aug 16 (Reuters) – Walmart Inc (WMT.N) on Wednesday promoted…

PayPal hires Intuit veteran with small business expertise to be next CEO

[ad_1] [1/2]FILE PHOTO: The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/File Photo/File Photo Schulman to stay on board until May…

Allianz ex-manager must face US fraud charges related to $7 bln investor loss

[ad_1] The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May…