Monday, 17 January 2022

Reuters Global Investor: Five things to know about Credit Suisse's new chairman Lehmann

Five things to know about Credit Suisse's new chairman Lehmann

Credit Suisse's chairman Antonio Horta-Osorio resigned on Monday following an investigation by the Swiss bank's board into his personal conduct.

Turkey's Halkbank shares jump after U.S. prosecution put on hold

Turkey's Halkbank shares climbed more than 8% on Monday after a U.S. appeals court put its prosecution by the federal government, for allegedly helping Iran evade American sanctions, on hold while the bank appeals to the U.S. Supreme Court.

Generali shareholder rift deepens as representative of No.3 investor quits board

Italy's leading insurer Generali said the representative of its third-largest investor Leonardo Del Vecchio has resigned from the board, as a rift between the group and two of its leading shareholders deepens.

Spies, lies and chairman's exit: Credit Suisse's scandals

Credit Suisse Chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules, the bank said on Monday, raising questions over the embattled lender's new strategy as it tries to recover from a string of scandals.

Credit Suisse faces more upheaval after chairman's sudden exit

Credit Suisse will stick to its strategic overhaul despite the abrupt departure of its mastermind Antonio Horta-Osorio following an internal probe into his personal conduct, including breaches of COVID-19 rules, the bank's new chairman said on Monday.

Moody's places all Citibanamex ratings, assessments on review for downgrade

Ratings agency Moody's Investors Service on Sunday placed all ratings and assessments of the consumer banking arm of Citigroup in Mexico on review for downgrade.

Top hedge funds earn record $65.4 bln for clients in 2021 - LCH data

The world's 20 best-performing hedge funds earned $65.4 billion for clients in 2021, setting a new record as stock markets marched higher despite rising prices and coronavirus cases, LCH Investments data show.

Mexican entrepreneur Garza Calderon confirms interest in Citi asset sale

Mexican entrepreneur Javier Garza Calderon aims to bid on the consumer banking arm of Citigroup in the country, pledging to return it to Mexican hands, he said in a statement Sunday.

Siltronic sale to GlobalWafers in limbo as German approval outstanding

Germany's approval of chipmaker Siltronic's sale to Taiwan's GlobalWafers , a key requirement for the deal, is still outstanding less than three weeks before a deadline expires, Siltronic said on Friday.

Goldman Sachs' Petershill nears deal for Arsenal Capital stake -sources

Petershill Partners Plc , the London-listed subsidiary of Goldman Sachs Group Inc's asset management division, is nearing a deal to acquire a stake in private equity firm Arsenal Capital Partners, people familiar with the matter said.

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