Volkswagen has admitted that 11 million of its cars worldwide were designed to cheat emissions testing, in an escalating scandal that has loaded pressure on the wider motor industry.
Bank of America shareholders voted down the splitting of the chairman and CEO positions on Tuesday, which are held by Brian Moynihan.
He will be working 'substantially as normal, leading the firm'.
A sign of the declining expectations for growth in the industry.
Bank of America has hired John Utendahl from Deutsche Bank, naming him executive vice chairman of global corporate and investment banking.
A fired Morgan Stanley financial adviser who downloaded client data to a home server pleaded guilty to accessing the bank’s computer network without permission.
Sad to report.
Charles Li, the chief executive of Hong Kong Exchanges & Clearing, said he followed internal hiring procedures in his former role as the China chairman of JPMorgan.
A Brexit vote would dramatically increase risk premiums on UK equities, one macro-research house has argued, wiping more than £400bn off the market.
Nearly a fifth of Morrisons shareholders have failed to back the company’s remuneration report in the latest protest against executive pay.
'We have been carefully reviewing the situation and contingency planning around a number of areas, including our organisational footprint and where we book business'.