Although the measures adopted by the FRC are strong, in comparison to penalties imposed by Britain’s Financial Conduct Authority they are still small. On Monday, in a significant development, the Financial Reporting Council (FRC) disclosed that it has accepted the… Read More ›
Christian Sewing has been a member of the bank’s management board since 2015; he was responsible for overseeing its private and commercial bank division, which includes the Postbank retail banking unit. In a significant development, Deutsche Bank, Germany’s biggest lender,… Read More ›
The acquisition will add AveXis top drug to its repertoire of drugs, which has a significant market in the U.S. for spinal muscular atrophy. On Monday, Switzerland-based healthcare giant Novartis announced its $8.7 billion deal to acquire AveXis; Novartis will… Read More ›
Ford Credit Europe (FCE), a wholly owned indirect subsidiary of Ford can now continue to service business customers, dealers, fleets and retailers, in Britain and other countries in Europe. A spokesman for Ford stated, its application to set up a… Read More ›
With the United States slapping tariffs on Chinese imports, there is a growing market opportunity for rivals to Chinese companies to increase their market share in their respective segments and expand their foothold in the U.S. Modern Dental Group Ltd,… Read More ›
The U.S. tariffs are aimed at forcing China to modify and suitably change its coercive trade policy of forcible transfers of U.S. intellectual property to its domestic companies and gain technological advantage. U.S. President Donald Trump has directed official to… Read More ›
Although the U.S. Department of Agriculture (USDA) has a range of options under which U.S. farmers could be protected, it is evaluating its options and gauging the market’s reaction. As per an official from the U.S. Department of Agriculture (USDA),… Read More ›
Under new guidelines, the UK’s asset managers will have to annually report an assessment of the value of their services they provide to clients, such that clients can have a firmer grip on the fund’s objectives and better undertsand its… Read More ›
So as to protect Telecom Italia, Italy’s state lender, CDP, is likely to purchase a stake in the firm to protect its strategic assets. On Thursday, as per two sources familiar with the matter at hand, CDP, Italy’s state… Read More ›
Here is a snapshot of Clariant’s growth strategy. On Thursday, Swiss specialty chemicals maker Clariant stated, it expects to make $2 billion in sales from North America, its second-biggest market, by the next three years. In a statement, it has… Read More ›
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