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HSBC Sustainability Chief Leaves After Executive Committee Role Dropped
Date: November 25, 2024
By Lawrence White LONDON (Reuters) – HSBC’s chief sustainability officer, Celine Herweijer, has stepped down, the bank said on Monday, weeks after a management reshuffle removed her role from the lender’s executive committee. Herweijer will leave to pursue new opportunities, the bank said, having played a pivotal role in shaping its climate policy. Her role...
German Defence Firm Renk Group Appoints Alexander Sagel as CEO
Date: November 25, 2024
(Reuters) – German defence firm Renk Group said on Sunday it had appointed management board member Alexander Sagel as CEO effective Feb. 1, 2025. Sagel currently serves as management board member and COO of the company. The current CEO, Susanne Wiegand, will step down from her position by the end of January, due to personal...
Soccer-Guardiola Signs Two-Year Contract Extension With Man City
Date: November 22, 2024
By Martyn Herman LONDON (Reuters) –Manchester City manager Pep Guardiola has signed a two-year contract extension that will keep him at the club until 2027, the Premier League champions said on Thursday. Spaniard Guardiola’s decision means he will spend more than a decade at the club he joined in 2016 and has led to a...
Vw Union Proposes $1.6 Billion of Cuts, but No Plant Closures
Date: November 21, 2024
By Victoria Waldersee and Christina Amann BERLIN/WOLFSBURG (Reuters) -Volkswagen workers offered on Wednesday to back 1.5 billion euros ($1.6 billion) in cost savings if it rules out closing plants in Germany, but warned the automaker would face an historic battle if it pressed ahead with swingeing cuts. The proposal comes a day ahead of a...
Emily Turner Appointed CEO of HSBC Innovation Banking UK
Date: November 21, 2024
LONDON (Reuters) – HSBC has appointed former Citi banker Emily Turner as CEO of its Innovation Banking UK arm, the tech-focused business unit which it created following its acquisition of the British business of failed U.S. lender Silicon Valley Bank. Turner replaces former Silicon Valley Bank UK head Erin Platts, HSBC said, who will support...
Commerzbank Names New CFO Amid UniCredit Approach
Date: November 21, 2024
FRANKFURT (Reuters) – Commerzbank on Thursday named Carsten Schmitt as its new chief financial officer, a crucial role at Germany’s No. 2 lender as it seeks to fend off an approach by Italy’s UniCredit for a tie-up. The job became vacant after the previous CFO, Bettina Orlopp, assumed the role of chief executive officer, a...