Well Of Course The Majority Of CEOs Are Considering Relocation After Brexit - KPMG Report
false>> view originalWells Fargo CEO gets $123.6M if he walks
John Stumpf, chairman and CEO of the Wells Fargo & Company, testifies before the Senate Banking, Housing and Urban Affairs Committee September 20, 2016 in Washington, DC.(Photo: Win McNamee, Getty Images)Wells Fargo (WFC) CEO John Stumpf stands to walk from the bank with $123.6 million in severance and stock value if he retires from the bank, which is still reeling from a scandal where millions of accounts were inappropriately opened for customers.Stumpf's $123.6 million in potential retirement ..>> view originalGerman business morale shrugs off Brexit to hit 28-month high
BERLIN German business morale rose far more than expected in September, reaching its highest level in more than two years, a survey showed on Monday, signaling that executives had brushed off concerns about Brexit that had weighed on their mood last month.The Munich-based Ifo economic institute said its business climate index, based on a monthly survey of 7,000 firms, rose to 109.5 from an upwardly revised 106.3 in August, the biggest monthly increase since July 2010. "Companies are clearly m..>> view originalGermany's Lanxess to buy US chemical firm Chemtura for $2.7 billion
By Ludwig Burger | FRANKFURT FRANKFURT Lanxess AG (LXSG.DE) is to buy U.S. speciality chemical company Chemtura (CHMT.N) for 2.4 billion euros ($2.69 billion) including debt in the German company's largest ever takeover, moving it further away from its main synthetic rubber business.Lanxess's offer of $33.50 per share is a premium of about 19 percent to the Philadelphia-based company's share-price close on Friday.The world's largest synthetic rubber maker will use existing funds and new de..>> view originalThe Retiree With Six Incomes
BOJ's Kuroda sees no big rise or fall in bond buying for now
OSAKA The pace at which the Bank of Japan buys bonds will depend on what is needed to achieve its yield curve target but no big increases or decreases were expected for now, Governor Haruhiko Kuroda said on Monday, dampening speculation that the BOJ was considering tapering asset purchases.Kuroda, in his first speech since the BOJ's decision last week to reform its radical stimulus program, said the central bank stood ready to use every available tool to achieve its 2 percent inflation target...>> view originalPfizer abandons plan to split into two
U.S. drugmaker Pfizer Inc (PFE.N) said on Monday it had decided not to separate into two publicly traded companies by separating its low-growth generics from its patent-protected branded medicines.Instead, with the two operating as separate businesses within Pfizer, the company was already accessing many of the potential benefits of a split while retaining the operational strength, efficiency and financial flexibility of operating as a single company, Chief Executive Ian Read said." ... Over t..>> view originalSingapore-based music startup buys 49% stake in Rolling Stone
The company behind iconic music magazine Rolling Stone has sold a 49 percent share in the business to a startup from Singapore in a bid to grow its international reach. U.S.-based Wenner Media announced the sale of its stake to Singapore’s BandLab this weekend, although the price paid was not disclosed. BandLab is run by Meng Ru Kuok, the 28-year-old son of palm oil billionaire Kuok Khoon Hong, and this isn’t its first piece of notable M&A. The company acquired Swee Lee, a distributor of guita..>> view originalSpain Bankia fraud trial for ex-IMF boss Rodrigo Rato
Image copyright AFP Image caption Rodrigo Rato (left) could face prison and a hefty fine if found guilty Former IMF chief Rodrigo Rato and 64 other bankers have gone on trial in Madrid over an alleged credit card racket at Spain's troubled Bankia bank.The defendants allegedly used "unofficial" credit cards for luxury purchases, unconnected with their duties as board members.Prosecutors say about €12m (£10.4m; $13.5m) was spent on hotels, fine clothes,..>> view original
Tuesday, October 11, 2016
Well Of Course The Majority Of CEOs Are Considering Relocation After Brexit - KPMG Report and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment