LONDON (Reuters) – Citigroup (C.N) has hired Robin Rousseau as a vice chairman of investment banking for Europe, the Middle East and Africa, a memo seen by Reuters shows. Based in Paris, Rousseau will focus on the bank’s French client franchise while also prov... More »
BOSTON (Reuters) – Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in micro-, small- and mid-cap public and private companies focusing on biotech, real estate and consumer products. ... More »
(Reuters) – Walgreens Boots Alliance Inc (WBA.O) said on Monday Chief Executive Officer Stefano Pessina has decided to step down from the position and will assume the role of executive chairman once a replacement is appointed. Pessina, 79, was appointed as the... More »
(Reuters) – General Electric Co (GE.N) on Monday tapped the planemaking head of Brazil’s Embraer (EMBR3.SA) to run its key aircraft engines division on Monday, as the global aviation industry grapples with disruption caused by the COVID-19 pandemic. Irishman J... More »
The Seattle Seahawks revamped their offensive line on Sunday, parting ways with center Justin Britt and guard D.J. Fluker. Fluker posted a letter revealing his release to Seattle fans on Twitter. Britt’s release was reported by multiple entities and he posted ... More »
LONDON (Reuters) – Willie Walsh, the chief executive of British Airways-owner IAG (ICAG.L), will step down from the airlines group he helped to build later this year and hand the reins to a key lieutenant, Luis Gallego. Walsh had said in November that successi... More »
(Reuters) – Private equity firm Silver Lake on Monday named company veterans Egon Durban and Greg Mondre to the newly formed roles of co-chief executive officers. The firm, which manages over $43 billion in combined assets, said Durban and Mondre, who were man... More »
NEW YORK (Reuters) – Sionic has hired James Monahan from Morgan Stanley to run the consulting firm’s new global asset servicing team, according to a statement on Tuesday. Monahan was previously co-head of Morgan Stanley’s global institutional asset servicing l... More »
LONDON (Reuters) – Pepco Group, a European discount retailer, has appointed former Tesco (TSCO.L) executive Trevor Masters as managing director of its largest business PEPCO. The group, formerly called Pepkor Europe and part of South Africa’s Steinhoff (SNHJ.J... More »
HONG KONG/BEIJING (Reuters) – China’s second-largest e-commerce firm JD.com Inc has appointed Jason Hu, a former managing director at Chinese private equity firm CDH Investments, as head of strategic investment to oversee deals both at home and overseas. Hu, w... More »
ZURICH (Reuters) – Switzerland’s biggest bank UBS on Thursday appointed former Credit Suisse manager Iqbal Khan to co-lead its flagship wealth management business, as part of a broader shake-up of its executive board. The appointment of Khan alongside two inte... More »
ZURICH (Reuters) – UBS has least three candidates from inside the biggest Swiss bank who could eventually step into the CEO role, Chief Executive Sergio Ermotti said in a newspaper interview on Thursday on the heels of a big management reshuffle. “We have at l... More »
(Reuters) – Wells Fargo & Co said on Wednesday Julia Wellborn will become the head of Private Wealth Management, ending a months-long search for a leader following the retirement of Jay Welker last year. Wellborn joins Wells Fargo from Comerica Bank where she ... More »
(Reuters) – Rio Tinto (RIO.L)(RIO.AX) named Barbara Levi as its new general counsel and group executive on Monday, replacing Philip Richards. Levi, currently group legal head, M&A and strategic transactions at Novartis, will join the miner on Jan. 1, 2020. Sou... More »
(Reuters) – Hedge fund manager Quentin Koffey, who joined D.E. Shaw & Co two years ago from Elliott Management Corp to lead its shareholder activism strategy, has left to join Senator Investment Group LP, the firms told Reuters on Thursday. The move is a setba... More »
NEW YORK (Reuters) – JPMorgan Chase & Co said on Monday it is combining its middle-market technology and emerging growth commercial banking teams to better position the bank to handle start-ups that rapidly grow to be big companies. The technology and disrupti... More »
HONG KONG (Reuters) – KKR & Co Inc has poached Kate Richdale, Goldman Sachs Group Inc chair of Asia investment banking ex-Japan. Richdale will be KKR’s head of strategy and business development in the Asia-Pacific region, and will also work with KKR’s Asia inv... More »
NEW YORK (Reuters) – Deutsche Bank has hired Bank of America Corp’s Robert Innocentin as a managing director within its financial sponsors group, according to a memo seen by Reuters on Monday. Innocentin will join Deutsche Bank in May after four years as a man... More »
NEW YORK (Reuters) – Mark Mitchell, the co-founder of Starboard Value LP who helped turn it into one of Wall Street’s most high-profile activist hedge funds, retired from the New York-based firm earlier this month, people familiar with the matter said on Frida... More »
(Reuters) – Investment bank Moelis & Co said on Monday it has hired an executive from the world’s largest index fund manager, BlackRock Inc, as well as a hedge fund professional, for its team advising companies facing activist shareholders. Ted Moon, who had b... More »
(Reuters) – Investment manager Nuveen appointed Jean Fleischhacker to the newly created role of a private credit asset class specialist in its alternative investment distribution team. Fleischhacker, who has over 25 years of industry experience, joins from Bla... More »
LONDON (Reuters) – Atomico, which runs Europe’s largest independent venture fund, has hired former managers from Google and Uber to help drive international expansion for its portfolio of more than 50 start-ups and growth stage firms, it said on Thursday. Jamb... More »
BOSTON (Reuters) – Och-Ziff Capital Management Group LLC is putting a new generation into top leadership positions roughly five months after bringing in an outsider as chief executive to end a battle for control of the investment firm. The New York-based firm ... More »
(Reuters) – Cybersecurity firm Palo Alto Networks Inc said on Friday it named former SoftBank Group Corp president Nikesh Arora as chief executive officer and chairman. Arora, 50, succeeds Mark McLaughlin, who has led the company for nearly seven years and has... More »
(Reuters) – TMX Group’s (X.TO) head of equity capital markets, Nicholas Thadaney, is leaving Canada’s biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou Eccleston said. Thadaney’s role as president and CEO of cap... More »
FILE PHOTO: The Citibank building is seen in the financial district of Canary Wharf in London, Britain January 19, 2017. REUTERS/Kevin Coombs /File Photo (Reuters) – Citi Private Bank (CPB), a unit of Citigroup Inc that caters to wealthy individuals and famili... More »
The Financial Industry Regulatory Authority said on Thursday that Susan Axelrod, its executive vice president for regulatory operations, is leaving the securities industry self-regulator for a job in the private sector early next year. More »
EFG International's Joachim Straehle is stepping down as chief executive after some 2-1/2 years, during which time the Swiss private bank acquired troubled BSI Bank from Brazil's BTG Pactual. More »
Citigroup Inc named Peadar MacCanna and Murat Demirel as trade co-heads for its treasury and trade solutions (TTS) business in Europe, Middle East and Africa (EMEA). More »
Swiss money manager GAM Holding AG named Adrian Gosden investment director. More »
RPMI Railpen, the British investment manager for the Railways Pension Scheme, named Jocelyn Brown senior investment manager of the company's sustainable ownership team. More »
Financial technology firm Calastone Ltd, which operates a fund transaction network, named Stephen Mohan as chief operating officer. More »
Netherlands-based Robeco Institutional Asset Management B.V. said it appointed Maureen Beshar as head of its United States business, effective immediately. More »
British investment management firm Tilney Group has appointed Tyrone Samsonroy and Ben Gibson as financial planners at its London office. More »
Noble Group's treasury head has quit the company, More »
The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai Two high-level quantitative researchers have left BlackRock Inc (BLK.N) as the world’s largest asset manager embarks on an ambitious effort to ... More »
Wells Fargo Asset Management named Jonathan Hobbs as head of U.S. portfolio solutions and Kevin Kneafsey as a senior investment strategist with the multi-asset client solutions group. More »
Independent investment management firm HQ Capital named Jeremy Katz as a co-head of its real estate group. More »
Financial services provider State Street Corp said on Friday it appointed Steve Cook as senior vice president within its U.S. investment services business. More »
Stifel Financial Corp said on Wednesday three financial advisers joined the private client group of its broker-dealer subsidiary, Stifel, Nicolaus & Co Inc. More »
Electronic broker Instinet LLC, a unit of Nomura Holdings Inc, named Scott Douglass as U.S. head of sales for its commission management services (CMS) business, based in New York. More »
Regulatory risk and compliance firm Exiger named Christopher McCavitt as managing director in the firm’s global investigations practice. More »
John Haynes, a senior vice president for Freepoint Commodities, has left the trading firm for Citigroup’s energy division, two sources familiar with the matter said on Monday. More »
Asset manager Natixis Global Asset Management named Oliver Bilal head of international sales and marketing responsible for Europe, Asia, Latin America and the Middle East. More »
Real estate investment manager LaSalle Investment Management appointed Brad Gries as head of U.S. acquisitions, effective Aug. 18. More »
FILE PHOTO – Dr Karl-Thomas Neumann, CEO of Opel Group speaks during a news conference on media day at the Paris auto show, in Paris, France, September 29, 2016. REUTERS/Benoit Tessier The chief executive of General Motors’ (GM.N) European arm Opel, Karl-Thoma... More »
Apparel retailer J.Crew Group Inc [CHNOSJ.UL] said on Monday that James Brett will succeed retail veteran Millard Drexler as chief executive officer. More »
Investment firm Adams Street Partners said on Thursday it hired industry veteran Martin vom Hagen to head its newly established office in Munich, Germany. More »
The logo of Samsung Electronics is seen at a company’s building in Seoul, South Korea, March 24, 2017. REUTERS/Kim Hong-Ji South Korea’s Samsung Electronics Co Ltd said on Thursday it plans to make a separate announcement about executive reshuffles at its comp... More »
The logo of Samsung Electronics is seen in front of its building in Seoul, South Korea, February 28, 2017. Picture taken February 28, 2017. REUTERS/Kim Hong-Ji Tech giant Samsung Electronics Co Ltd on Thursday named a new head of mobile marketing and a new Chi... More »
Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada May 11, 2011. REUTERS/Steve Marcus Bayliss More »
The ticker symbol and trading information for LinkedIn Corp. is displayed on a screen at the post where it is traded, before the start of trading, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 13, 2016. REUTERS/Brendan McDermi... More »
FILE PHOTO – Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, gestures as he speaks during the presentation of the French carmaker Renault’s 2016 annual results at their headquarters in Boulogne-Billancourt, near Paris, France, February 10, 2017.... More »
Natixis SA appointed Jean Raby chief executive of Natixis Global Asset Management, effective Feb. 20. More »
JPMorgan Chase & Co said on Tuesday it hired three senior bankers to its corporate client banking division, to serve companies in the southern United States. More »
File photo of Kevin Turner taken at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson Kevin Turner has departed Ken Griffin’s Citadel LLC less than a year after he joined as chief executive officer o... More »
A woman walks past a branch of Mitsubishi UFJ Financial Group’s bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. REUTERS/Thomas Peter/File Photo Mitsubishi UFJ Financial Group appointed Stuart Randell and Anders Maehre to the leveraged financ... More »
Mizuho Securities Asia Ltd, a unit of Mizuho Securities Co. Ltd, said it named Pramod Shenoi as regional head of FIG debt capital markets in December 2016. More »
Cerno Capital appointed Tom Milnes as business development director to assist with the investment manager’s intermediary client relationships and enhance compliance with investment needs. More »
Matthew Ponsonby speaks during the Reuters Global Mergers and Acquisitions Summit in London April 4, 2011. REUTERS/Benjamin Beavan Barclays vice chairman of banking, Matthew Ponsonby will retire from the British bank at the end of January, according to a memo ... More »
File Photo: Michael Lynton, CEO Sony Entertainment and CEO and chairman Sony Pictures Entertainment, speaks during an investors’ conference at the company’s headquarters in Tokyo November 18, 2014. REUTERS/Toru Hanai Sony Entertainment Chief Executive Michael ... More »
Telefonica Deutschland said on Sunday its supervisory board has appointed Markus Haas to lead the company from 2017, replacing chief executive Thorsten Dirks who announced in November he was leaving the telecoms firm. More »
The Coca-Cola Company President and Chief Operating Officer James Quincey delivers a speech during a presentation in Paris, France, January 19, 2016. REUTERS/Benoit Tessier Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next y... More »
Endo International Plc (ENDP.O) said Chief Executive Rajiv De Silva had stepped down and would be replaced by generics division head Paul Campanelli, as the drugmaker grapples with a large debt load and mounting pressure on some of its drug prices. More »
Time Inc. CEO Joe Ripp (2nd L) claps after ringing the bell to open trading at the New York Stock Exchange in New York June 9, 2014. REUTERS/Carlo Allegri Time Inc, publisher of Sports Illustrated, People and Time magazines, appointed Rich Battista as its chie... More »
A stands outside Fannie Mae headquarters in Washington February 21, 2014. REUTERS/Kevin Lamarque Fannie Mae (FNMA.PK), the largest U.S. home funding source, elected Ryan Zanin to its board of directors. More »
Time Inc. CEO Joe Ripp (2nd L) claps after ringing the bell to open trading at the New York Stock Exchange in New York June 9, 2014. REUTERS/Carlo Allegri Time Inc, publisher of Sports Illustrated, People and Time magazines, appointed Rich Battista as its chie... More »
The company’s logo is seen on protection grids of a traction transformer at a plant of Swiss engeneering group ABB in the town of Turgi west of Zurich June 9, 2010. REUTERS/Arnd Wiegmann/File Photo ABB has appointed Guido Jouret as its first chief digital offi... More »
LOS ANGELES Tom Staggs, the veteran Walt Disney Co executive who had been widely seen as the media company’s next CEO, will step down on May 6 as the board expands its search for a successor to Bob Iger, Disney said on Monday. The unexpected move came little m... More »
Walt Disney Co Chief Executive Bob Iger could end up extending his term for a third time, analysts said on Tuesday, following the surprise announcement that Chief Operating Officer Tom Staggs, a potential successor, will step down in May. Disney’s shares were ... More »
Senior investment bankers Zubaid Ahmad and Brad Coleman will be leading a new group at Citigroup Inc focused on better serving clients that are private equity firms, hedge funds and sovereign wealth funds, according to a memo seen by Reuters on Wednesday. The ... More »
MTV, the music and reality-TV focused television network owned by Viacom Inc, on Wednesday named veteran media executive Sean Atkins as its president. Atkins, who will replace Stephen Friedman, joins MTV from Discovery Communications Inc, where he was an execu... More »
Microsoft Corp on Friday appointed its general counsel, Brad Smith, as the company’s president and chief legal officer, effective Friday. Smith, who is also Microsoft’s corporate secretary and chief compliance officer, joined the company in 1993 and became gen... More »
SINGAPORE Carlyle Group’s nominee on the board of China Fishery Group (CNFG.SI) has stepped down, a few months after the U.S. private equity firm declined to take part in the Singapore-listed company’s rights issue. Patrick Siewert resigned as a non-executive ... More »
LONDON British pharmaceutical company AstraZeneca named Sean Bohen as its chief medical officer, in an appointment that it said could help accelerate the development of new oncology and immunology medicines. AstraZeneca, Britain’s second biggest drugmaker behi... More »
