Canaccord Genuity Group Inc expects significant job cuts in its capital market business in the UK however, it will not effect its wealth management business in the UK or Europe. In a significant development, Canaccord Genuity Group Inc stated it… Read More ›
human resources
Danske Bank nominates Bente Avnung Landsnes to its board
Bente Avnung Landsnes’ experience in working with Denmark’s financial watchdog is likely to be an important factor in her candidacy. The Board of Directors of Danske Bank, has nominated Bente Avnung Landsnes, the CEO of Oslo Bors ASA, as its… Read More ›
Chanel’s deputy artistic director to succeed Karl Lagerfeld
Karl Lagerfeld, 85, died earlier on Tuesday. Virginie Viard, deputy artistic director of Chanel, will succeed Karl Lagerfeld at Chanel following his demise on Tuesday, said a source at Chanel. Lagerfeld, 85, died on Tuesday following a short illness. Lagerfeld… Read More ›
Ken Hitchner, Goldman Sachs’ Asia Pacific CEO, to retire mid-2019
Goldman Sachs is yet to disclose who will be replacing Ken Hitchner as the chairman and chief executive officer of Goldman Sachs Group Inc for the Asia-Pacific region excluding Japan. A Bloomberg report citing sources familiar with the knowledge at… Read More ›
Mark Tucker appointed as chairman of TheCityUk
The development assumes significance since the lobby group has been one of the main channels through the UK’s financial services firms lobbied the British government for a favorable outcome vis-a-vis Brexit. On Monday, TheCityUk, a British financial industry lobby group,… Read More ›
Barclays Plc hires investment banker Riaz Ladhabhoy
Barclays Plc appears to be positioning itself for the record number of tech IPOs scheduled for take off this year. Barclays Plc has hired Riaz Ladhabhoy, an investment banker from Deutsche Bank to be its co-head of internet banking in… Read More ›
UK businesses hiring fewer permanent position since 2016: survey
The KPMG/Recruitment and Employment Confederation (REC) Report fell from 53.7 to 49.7, indicating a contraction in the job market. On Friday, the results of a recent survey of recruiters has piled on mounting evidence of business caution ahead of Brexit…. Read More ›
Philip Hamptonwill retires as GlaxoSmithKline Plc‘s chairman
The drugmaker has begun the process of searching for Philip Hamptonwill’s successor. On Monday, drugmaker GlaxoSmithKline plc stated, Philip Hamptonwill, its chairman will be stepping down from his role. Hamptonwill has been GlaxoSmithKline’s chairman for more than three and a… Read More ›
Activision Blizzard Inc appoints Dennis Durkin as its CFO
In the coming days, Netflix is likely to announce Spencer Neumann as its CFO. The top level change at Activision Blizzard Inc could be because of Netflix’s poaching. Gaming giant Activision Blizzard Inc has appointed Dennis Durkin as its chief… Read More ›
Lockheed Martin Corp names Kenneth Possenriede as its CFO
Kenneth Possenriede will be replacing Bruce Tanner who is set to retire in mid-2019. U.S. defense contractor Lockheed Martin Corp has announced, Kenneth Possenriede will be replacing Bruce Tanner as its chief financial officer. Tanner is likely to retire in… Read More ›