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Top StoriesNew French Government Set to Be Named Later on Monday
No French Government Before Monday Evening, Presidency Says
Date: December 23, 2024
PARIS (Reuters) – France’s new government will not be announced before Monday evening to take into account a day of mourning for cyclone-hit Mayotte, the presidency said in a statement, prolonging the political uncertainty in a major European power. Incoming centrist prime minister Francois Bayrou has struggled for almost 10 days to put together a...
Italy’s Banco Bpm Strikes Deal With Unions on 550 Hirings, 1,100 Early Retirements
Date: December 20, 2024
MILAN (Reuters) – Italy’s Banco BPM has struck a deal with trade unions on 550 new hirings in exchange for 1,110 voluntary early retirements, the FABI banking sector union said on Thursday. (Reporting by Andrea Mandala, writing by Alvise Armellini, editing by Gavin Jones)...
Arianespace Announces Leadership Change From January
Date: December 19, 2024
(Reuters) – French aerospace company Arianespace, a joint venture between Safran and Airbus under ArianeGroup, on Thursday announced a CEO change effective from January. Stéphane Israël, chief executive since 2013, will exit the company at the end of December for a new career opportunity starting in January, Arianespace said in the press release. Israël supervised...
HSBC Appoints Insider John Shipman as Interim CEO of Swiss Private Bank
Date: December 18, 2024
(Reuters) – HSBC on Tuesday appointed insider John Shipman as interim CEO of its Swiss Private Bank and country head of HSBC Switzerland, effective Jan. 1, 2025. Shipman succeeds Gabriel Castello, who was appointed earlier this month as interim CEO of HSBC’s global private banking, following a broader restructuring by CEO Georges Elhedery to streamline...
Credit Agricole Names Olivier Gavalda as Its New CEO
Date: December 18, 2024
PARIS (Reuters) -Credit Agricole said on Tuesday it had appointed Olivier Gavalda as the French bank’s new CEO. The 61-year-old is set to replace Philippe Brassac, 65, who has led the France’s second-biggest listed bank for the last decade and reached the age limit for holding the role. Gavalda, who is currently one of Credit...
Mercer & Hole Appoints Menzies Llp Director of Corporate Finance
Date: December 13, 2024
Accountants Mercer & Hole has today announced the appointment of Kevin Paget. Kevin joins as Director and Head of Deal Advisory and brings with him a wealth of experience and knowledge, having worked in senior finance roles in industry across a variety of sectors in the UK and US. Since 2008, Kevin has focused his...