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...Jane Turton, chief executive, and Sara Geater, chief operating officer, will continue to lead the company. Read more here...
...Shares in Citi fell 1.7 per cent on Friday, but less than those of rival JPMorgan Chase, which ended the day 6.5 per cent lower....
...Jane Turton, chief executive, and Sara Geater, chief operating officer, will continue to lead the company....
...Dimon sat for a seven-hour deposition in May but lawyers for the Jane Doe plaintiff want to talk to him again to ask him about more than 1,500 documents that JPMorgan turned over after the deposition....
...The bank’s lawyers have previously described the USVI suit as “meritless”, and Jane Doe’s complaint as “directed at the wrong party”....
...The SFO, which opened a probe into the bakery in 2018, has charged Christopher Marsh, a former chief financial officer of the high street bakery chain, as well as his wife, accountant Louise Marsh....
...The lender had shed just 1,000 roles by the end of December. “Our [organisational] simplification will be done by the end of the first quarter,” said chief financial officer Mark Mason....
...per cent at Lloyds Banking Group to 43.16 and almost 1 per cent at NatWest to 233.20p....
...He previously worked at Global Counsel and served as a foreign service officer for the US state department....
...Overall, Citi’s chief executive Jane Fraser told analysts that she expected inflation to continue to fall and the economic outlook to remain positive....
...The pseudonymous Jane Doe, who said she was abused by Epstein, first filed the proposed class action against Deutsche in November, after a New York law allowed sexual abuse claims where the statute of limitations...
...The idea of a sale of parts resurfaced following the appointment of former banker and Aviva executive Jason Windsor as Abrdn’s chief financial officer....
...HSBC UK’s was 1.89 per cent at the end of last year, up from 1.53 per cent in 2021. But the gap between what banks charge borrowers and what they pay savers may have reached its limit....
...Brad Edwards, a lawyer for Jane Doe, said the complaint against Staley was JPMorgan “attempting to deflect” blame....
...Bank of America’s Brian Moynihan sold $1.9mn before becoming chief executive but none since; Citi chief executive Jane Fraser has also not sold since taking the top job....
...— who also took home t-shirts — and Jane Streeters Vesey St. Tuna Trading Ltd. with a very respectable 44.5 and 42 points each....
...When the French-born former retail exec was promoted from chief operating officer to chief executive in mid-2019, customers told him “you have a well respected brand, a brand that knows how to do quality...
...Malcolm Gomersall, the company’s chief operating officer, will run day-to-day operations while the firm searches for a replacement....
...American Express trades at six times book value while Capital One is below 1.5 times. Credit card plumbing is arcane but very lucrative....
...She went under the pseudonym Jane Doe during these cases, and she ended up building it out into a class action case against JPMorgan....
...Deutsche Bank has agreed to pay up to $75mn to settle a lawsuit brought by the pseudonymous Jane Doe who alleged the lender had benefited from human trafficking by retaining Jeffrey Epstein as a client....
...But Hintze, a prominent philanthropist and Conservative party donor who was given a peerage late last year, will go his own way, spinning out the $1.5bn flagship Directional Opportunities hedge fund and...
...Chief financial officer Jeremy Barnum credited higher rates “coupled with lower deposit reprice than previously assumed”....
...Disney has named PepsiCo’s vice-chair and chief financial officer Hugh Johnston as CFO....
...Revenues dipped 1 per cent to $19.4bn in a quarter marked by mounting fears of a US recession....
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