The highly unusual lawsuit is potentially aimed at gaining leverage so as to force Tesla Inc’s CEO Elon Musk to settle. According to Teresa Goody, CEO of law firm Goody Counsel, who is also a former SEC attorney, most such… Read More ›
Chief Executive Officer
David Solomon to become Goldman Sachs Group Inc’s next CEO
A formal announcement is likely to be made as soon as today, if not later this week. As per a report from the New York Times, Goldman Sachs Group Inc is likely to name David Solomon as its next chief… Read More ›
Xerox ends deal with Fujifilm, settles row with Carl Icahn and Darwin Deason
Xerox found “material deviations” between the audited Fuji Xerox financial statements and unaudited statements that was provided to it earlier. In a significant development, Xerox Corp stated it was in the process of ending its planned $6.1 billion deal with… Read More ›
Deutsche Bank appoints Christian Sewing as its Chief Executive Officer
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 ›