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One-third of global firms plan acquisitions: Survey

Lanes Merge Road Sign

More than a third of companies are planning mergers or acquisitions within the next year, according to an Ernst & Young (EY) survey of senior executives across 70 countries, as confidence grows in the global economic recovery.

Mizuho: Bank chair to resign after loans scandal


Mizuho Financial Group said on Monday that the chairman of its banking unit, Takashi Tsukamoto, will resign, while its president will take a six-month pay suspension, following a loans-to-mobsters scandal.

John Hancock Investments adds MDs on Institutional Team

For Hire

John Hancock Investments announced that it recently hired three new managing directors on its Institutional team. Geoffrey Johnson is Managing Director, Defined Contribution Investment Only (DCIO), for the Northwestern United States; John Lacey is Managing Director, DCIO, for the Southwest; and Michael Reynolds is a Managing Director covering Registered Investment Advisors in the Southeast.