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AllianceBernstein Extends CEO's Employment Contract

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AllianceBernstein has announced that Peter Kraus, Chairman and Chief Executive Officer, and AllianceBernstein have agreed to extend the contractual term of his employment for an additional five years, commencing in January 2014, when his existing contract expires, through January 2019.


Commerzbank, BNP, NYBOT, RBS, UBS, LBOs, IPOs

The Wall Street Journal reports that Klaus-Peter Mueller, Commerzbank's CEO, has said that his firm is not in takeover or merger talks at present, mentioning that he had 'no knowledge (either) of other intstitutions' currently having takeover plans for us'.

Bank Boss Taken To Hospital

ABN AMRO CEO Rijkman Groenink was rushed to hospital last weekend and had to undergo an emergency operation following a perforated appendix. He is expected to remain in hospital for another week, and is said to be miffed to be out of action when ABN shareholders start to consider the Barclays and RBS consortium bids for their bank.