Hints and tips:
...US investment manager Harris Associates, whose deputy chair and chief investment officer David Herro was for years among the Swiss bank’s most prominent supporters, owned as much as 10 per cent of Credit...
...Evie Kostakis, the bank’s chief financial officer, and chief risk officer Oliver Bartholet are expected to stay on. Rickenbacher’s departure was reported earlier by Bloomberg....
...Ørsted has appointed Rasmus Errboe as deputy chief executive officer and chief commercial officer as part of the Danish renewable group’s plan to overhaul its management structure....
...Christine Morris, who Hick brought in as chief financial officer of the metals group, had been in place for only two months before she departed....
...DC Advisory has appointed Tim Morris as UK CEO. Richard Madden will assume the newly created role of European executive chair....
...Several current and past PLA Rocket Force officers, including Li Yuchao and his deputy Liu, have been targeted in a probe, the South China Morning Post reported on Friday....
...But Körner, then chief operating officer and deputy CEO, refused to take an interim role — he wanted the bank’s full backing....
...Former HSBC chief risk officer Marc Moses is also joining as a non-executive to replace Mike Ashley, who like Gillies had completed his nine-year term....
...And here deputy editor Patrick Jenkins weighs up the pros and cons of retooling the Pension Protection Fund, the UK pensions lifeboat, to come to the rescue of UK equities....
...Speaking at the Financial Times Global Banking Summit, Sir Paul — the former Bank of England deputy governor who now chairs the Systemic Risk Council, an advisory body — said the turmoil in the US government...
...Zhou Bo, a retired senior Chinese military officer, recently accused the Pentagon of conducting “endless” reconnaissance flights near the Chinese coast and US navy warships of carrying out “freedom of navigation...
...“We need to hope and prepare,” said Alexandra Morris, investment director at Skagen Funds....
...“This has been a train crash waiting to come,” says Alexandra Morris, chief investment officer at Norway’s Skagen Funds. “Now, money has a cost....
...Barclays also said that its chief financial officer Tushar Morzaria would retire in April and be replaced by his deputy, Anna Cross....
...HSBC has promoted its deputy chief executive in Saudi Arabia, Faris AlGhannam, to lead the bank’s presence in the kingdom....
...Alex Veitch, the deputy policy director at Logistics UK, a trade association, said the pandemic had highlighted the value of logistics workers and driven up wages and recruitment levels....
...David Wildermuth, who has been deputy risk officer at Goldman since 2015, will move from New York to Zurich to take up his new post by February 2022....
...Chief financial officer Roger Thompson will serve as interim CEO until Dibadj joins in the next few months....
...He will become the bank’s sole president and chief operating officer at the end of this year....
...He will start at UBS on September 2 and will report directly to Sergio Ermotti, the Swiss bank’s chief executive, and chief financial officer Kirt Gardner, according to the memo....
...Bo Kyi (“Ko” is an honorific) was a student protester in the 1988 uprising....
...Morris also has responsibility for government affairs....
...To make way for the new pair’s elevation, Stephen Dainton’s role has been downgraded to deputy head of markets and Joe McGrath, who was named global head of banking last year, is being moved to chairman...
...He promoted two top deputies, Ted Pick and Andy Saperstein, to be co-presidents. Wall Street will need to choose its horses wisely....
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