Air France-KLM’s management has successfully negotiated longer rests for pilots between flights with union bosses and have averted a strike. On Tuesday, in a development that marks the the overcoming of a strike that could have caused mayhem later this… Read More ›
human resource
John McCormick becomes president and CEO of Blackstone
J. Tomilson Hill, billionaire art collector, the firm’s esrtwhile Chief executive, has passed the baton to John McCormick; Hill will remain as its chairman. Having being at the helm of the world’s biggest hedge fund, with around $74 billion in… Read More ›
Apple appoints Michel Coulomb as head of sales in the world’s 3 biggest smartphone market
The moves comes midst Apple’s efforts to gain traction in the price sensitive Indian smartphone market, where its market share is under 3%. On Tuesday, with an eye on the world’ third biggest smartphone market, U.S. tech giant Apple Inc… Read More ›
Airbus conducts a high level management shakeup at the top
With the company’s A380 jet facing strong headwinds on takeoff, a shake up at the top management is on expected lines. On Friday, Airbus, Europe biggest planemaker has confirmed of a top management shake-up in the firm. As part of… Read More ›
Matt Zames JPMorgan Chase’s CIO retires from the bank
Zames was the leading contender for replacing Jamie Dimon,61, at the helm of the bank. On Thursday, JPMorgan Chase & Co disclosed Matt Zames, its Chief Operating Officer who was once seen as a successor to Jamie Dimon, its CEO,… Read More ›
Joseph Otting could replace Thomas Curry as Comptroller of the Currency
Keith Noreika, a banking lawyer at Simpson Thacher & Bartlett LLP, is being considered as an acting comptroller. The Wall Street Journal has reported that the Trump administration plans on replacing Thomas Curry as the Comptroller of the Currency. Although… Read More ›
Wells Fargo shifts its international business within its wholesale banking division
Before too much is read into this move, Wells Fargo’s spokesman has clarified that it wasn’t in response to its December resolution planning process failure. The third largest U.S. bank by assets, Wells Fargo & Co, has disclosed that it… Read More ›