The arrest and the subsequent extradition to the United States is one of several headwinds facing Huawei. Countries across the world are taking steps to bar the usage of Huawei’s equipment from their core existing and future mobile operations. In… Read More ›
Mark Lyons replaces Sid Sankaran who joined AIG in 2010. Sankaran will remain at AIG as an adviser through the year-end reporting process for fiscal year 2018. The American International Group Inc (AIG) stated, Mark Lyons will replace Sid Sankaran… Read More ›
Airbus is continuing to overhaul its top management. On Wednesday, in efforts aimed at stabilizing its financial and operational pillars, Airbus named Dominik Asam as its next chief financial officer (CFO). Asam will replace Harald Wihelm, who has plans on… Read More ›
This minor change in asset holding strategy is likely to result in improved results, reduced risk tolerance, and at reduced costs. As part of a strategic decision to boost profitability, Deutsche Bank’s Chief Financial Officer stated, it plans on holding… Read More ›
Tarek Robbiati succeeds Tim Stonesifer who played a significant role in the breakup of HPE from Hewlett-Packard Co, in 2015. Hewlett Packard Enterprise has appointed Tarek Robbiati, the former Chief Financial Officer at Sprint Corp as its new CFO. With… Read More ›
No reason was given for Rachel Osborne’s departure from Domino’s Pizza Group. The U.S. group was however quick to take control of the flow of conversation by stating that the company was on track to meet its guidance outlook for… Read More ›
Uber needs to fill the post of the CFO before it launches its IPO in 2019. As per a Bloomberg report, Uber Technologies Inc has selected VMware Inc’s Zane Rowe as its top candidate for the post of chief financial… Read More ›
Roh appointment forms part of a larger series of top appointments at Samsung Electronics which has resulted in newer younger generation coming to the helm in one of Asia’s biggest conglomerate. On Thursday, Samsung Electronics Co Ltd decided to name… Read More ›
This comes in the wake of the bank reporting a spectacular drop of 40% in its bond-trading revenues, which naturally has unnerved investors. In the wake of increased pressure from big investors who have grown frustrated by Goldman Sachs’ vague… Read More ›
Wells Fargo is restructuring itself to make it leaner and more efficient. The Financial Times has reported citing Wells Fargo’s CFO, John Shrewberry as saying, it will be spinning off a number of its products “worth hundreds of millions of… Read More ›
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