The strategic development places the Ian Read as its chairman and opens up the CEO post which could be filled at a later date. Under Read’s steady stewardship, Pfizer Inc’s stock has gone up by 160% since December 2010. Pfizer… Read More ›
transition
Offloading non-core assets will ease VW’s transition into emerging automobile market
Volkswagen’s top management is aiming to transformation the group into a more modern, streamlined company. Although the process is seen as painful, it pays off in the long run. On Friday, the top leader of Volkswagen’s powerful works council said,… Read More ›
British banks should apply for EU license by end of second quarter: ECB
The statement by Sabine Lautenschlaeger, a board member of the ECB, brings more clarity on the outlook of British financial institutions vis-a-vis Brexit. On Wednesday, Sabine Lautenschlaeger, a board member of the European Central Bank made it lucidly clear to… Read More ›
Continental AG aims to tap burgeoning autonomous self-driving vehicle markets, hires JPMorgan for potential break-up
Across the supply chain of the auto industry, investors are cheering firms who break away from the mold of the combustion engine centered model, which they see as a sunset industry, to that of new age self-driving, autonomous, automated vehicles…. Read More ›
Credit Suisse deploys AI to manage calls to its compliance call center
The bank is in a transitory stage as it pushes to revamp its operations and go digital. Brian Chin, the global markets chief executive of Credit Suisse AG has disclosed, that the Swiss bank has deployed twenty robots within the… Read More ›
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