Firing an employee in public might be gratifying for a boss, but it's not likely to rally the troops or assure investors. And it may result in an ugly legal battle.
They flaunt their cash around the world, buying soccer clubs, owning airlines and running banks. Now the Emirati Royal Family rules the waves too after ranking first in a league table of owners of the world's biggest mega-yachts, knocking billionaire Roman Abramovich off the top spot.
Speculation is mounting that Barclays' finance director was preparing to leave the bank six months earlier than planned, leaving the bank without a key boardroom figure during its £6bn cash call.
The Carlyle Group announced that Susan E. Arnold has joined the firm as an Operating Executive in the Global Consumer & Retail group.
Oppenheimer & Co. Inc. is pleased to announce that Doron Barness has been appointed Head of New York Institutional Equity Sales Trading, working out of the firm’s New York headquarters.
Barclays announce that Chris Lucas will step down from the Board and as Group Finance Director on 16 August.
Although shares of Apple are likely to head higher, formidable challenges await, Colin Gillis of BGC Financial says.
Deutsche Asset & Wealth Management announced that Felipe Godard will join the Firm as a Managing Director and Head of Wealth Management, Latin America, effective October 1, 2013.
Synnöve Trygg has decided to leave SEB after almost 20 years as head of the bank's cards business (SEB Kort).
A love-crazed Wall Street regulator, fired for sexually harassing a colleague who rejected her obsessive wooing, waged a relentless battle to get rehired and unleashed an onslaught of harassment on the company, a lawsuit alleges.
Perella Weinberg Partners has announced that Jason D. Forschler has joined the Firm as a Managing Director in its Advisory business.
Aberdeen Asset Management has announced the appointment of former Shadow Pensions Minister Gregg McClymont to the new role of Head of Retirement Savings.
Citi's Board of Directors has announced that it has elected Eugene M. McQuade as a new non-executive director, effectively immediately.