Straumann maintains a modest 2022 outlook despite strong sales, shares slip

The logo of dental implant manufacturer Straumann Group is seen at its headquarters in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Register Shares down 10% in afternoon trading Maintains 2022 outlook for low-double-digit pct organic growth ‘Several gray clouds’ prevent co from raising guidance – CEO … Read more

Former Deutsche Bank co-CEO Anshu Jain dies

Aug 13 (Reuters) – Anshu Jain, a top finance executive best known for helping German lender Deutsche Bank AG (DBKGn.DE) take on the largest Wall Street firms, died overnight on Saturday after a five-year battle with cancer, his family said. He was 59. Jain, who was born in India, spent two decades building Deutsche Bank … Read more

HSBC names Patrick Boumalham new global head of wealth sales

The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo Register now for FREE unlimited access to Register HONG KONG, Aug 8 (Reuters) – HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in … Read more

Liz Truss to set out economic plans to finance sector in bid to lead Britain

LONDON, Aug 4 (Reuters) – Liz Truss, front-runner to be Britain’s next prime minister, will set out her economic plans to finance sector officials on Friday, including scrapping legacy EU laws by the end of 2023. Foreign Minister Truss is up against former finance minister Rishi Sunak to win the votes of 200,000 members of … Read more

Argentina’s lower house leader Massa named economy ‘superminister’

Sergio Massa, President of the Chamber of Deputies, addresses the audience as Argentina’s President Alberto Fernandez gestures during an event after midterm elections in Buenos Aires, Argentina, November 14, 2021. REUTERS/Agustin Marcarian/File Photo Register now for FREE unlimited access to Register BUENOS AIRES, July 28 (Reuters) – Argentina’s lower house congressional leader Sergio Massa … Read more

UniCredit Italy private banking head exits as business reorganized

MILAN, July 25 (Reuters) – UniCredit (CRDI.MI) is further overhauling its structure under CEO Andrea Orcel, an internal memo showed on Monday, in changes that include the departure of Stefano Vecchi, head of the group’s Italian private banking and wealth management unit. Since taking the reins at UniCredit in April 2021, Orcel has been reorganizing … Read more

Weber replaces CEO, warns of layoffs as inflation bites into business

CEO Chris Scherzinger rings a ceremonial bell on the trading floor at the New York Stock Exchange (NYSE) during the Weber Inc. initial public offering (IPO) in Manhattan, New York City, US August 5, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Register July 25 (Reuters) – Weber Inc (WEBR.N) on Monday … Read more

Argentina’s new economy chief to meet IMF head on Monday

Argentina’s new Economy Minister Silvina Batakis speaks during a news conference at the Economy Ministry, in Buenos Aires, Argentina, July 11, 2022. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Register BUENOS AIRES, July 23 (Reuters) – Argentina’s newly appointed economy minister Silvina Batakis will meet on Monday with the head of the … Read more

Consensus-driven Blume to usher in new leadership era at Volkswagen

Oliver Blume, CEO of luxury car manufacturer Porsche AG, speaks at the Automobilwoche car summit in Ludwigsburg, Germany, November 10, 2021. REUTERS/Andreas Gebert Register now for FREE unlimited access to Register FRANKFURT, July 22 (Reuters) – The appointment of Oliver Blume as the next boss of Volkswagen (VOWG_p.DE) heralds a change in management style … Read more

Ocado Retail boss Melanie Smith to leave business next month

Delivery vans lined up prior to dispatch at the Ocado CFC (Customer Fulfillment Center) in Andover, Britain May 1, 2018. REUTERS/Peter Nicholls/ Register now for FREE unlimited access to Register LONDON, July 19 (Reuters) – Ocado Group (OCDO.L), the online supermarket and technology firm, said on Tuesday that Melanie Smith, the CEO of its … Read more