Almost a quarter of business leaders are suffering from ‘Transformation Fatigue’ and are tired of hearing this over-used management term.
Reining in costs.
Lucidus Capital Partners, a high-yield credit fund founded in 2009 by former employees of Bruce Kovner’s Caxton Associates, has liquidated its entire portfolio and plans to return the $900m it has under management to investors next month, according to a statement Monday from the company.
Russia’s central bank fined Deutsche Bank less than $5,000 for compliance failures in a probe into alleged trading violations, said people with knowledge of the matter, after the Russian regulator audited transactions at the bank’s Moscow office that are under broader scrutiny by U.K. regulators and U.S. prosecutors.
Standard Chartered Bank have announced the appointment of Didier von Daeniken as its new Global Head, Private Banking & Wealth Management. Didier will join the Bank in March 2016, and will be based in Singapore. This appointment is subject to regulatory approval.
Moody’s has cut its oil price forecast for next year by $10 a barrel due to continued high levels of supply that may be heightened by the lifting of sanctions against Iran.
Aleksandar Mitrovic has started on the bench in Newcastle United's two most recent matches.
Sheffield Wednesday signed Barry Bannan from Crystal Palace during the summer transfer window.
Norwich City tried to sign Steven Naismith from Everton in the summer transfer window.
The 27-year-old American joined the Hammers last Tuesday for a 10-day training stint during the MLS offseason.