HSBC Holdings had appointed former Marks & Spencer CEO Stuart Rose for an advisory role in the company.
Firm Management
Three German companies move up to MDAX
Osram Licht AG, RTL Group and Evonik Industries would be moved to the MDAX of the Frankfurt bourse. Three major German firms would be added to the country's mid-cap index MDAX after their stocks were floated in the Frankfurt Stock Exchange in the earlier part of the year.
Bezos promises independence and optimism for the Post's future
In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.
Foreign drugmakers unfairly targeted in China bribery probe- European Union Chamber of Commerce in China
The European Union Chamber of Commerce in China said there was unfair treatment to foreign firms in the China bribery probe.
Reggie Browne, senior managers to leave KCG Holdings
Prominent exchange-traded funds (ETF) market desk keeper Reggie Browne and at least two senior managers would be leaving KCG Holdings Inc.
Latest News
China Merchants Bank Co. announced that it had raised USD27.5 billion listed on the Shanghai Stock Exchange.
Europe's biggest bank, HSBC Holdings Plc, said it had appointed Florian Fautz to be its global head for mergers and acquisitions.
Amidst falling revenues and declining stock values, Samsung plans the holding of a strategic conference for its future.
Panasonic President announced the firm's withdrawal from the Japanese smartphone market as well as the reduction of its smartphone operations.
The Chief Executive Officer of Italian fashion brand Salvatore Ferragamo saw no reason to sell, quelling speculations of a possible buyout.
South Korean budget carrier Jeju Air Inc said it would consider conducting an IPO to increase the number of its airplanes and meet the growing demand for air travel in the Asia-Pacific.
Anshu Jain, co-CEO of Deutsche Bank, said the current climate would move banks to consolidate. According to Deutsche Bank co-Chief Executive Officer Anshu Jain, consolidation in the banking industry is 'inevitable'.
The Royal Bank of Canada named Jonathan Golub to head the investment banking unit of RBC as its new chief market strategist for the US.
Former TNK-BP executive Mikhail Slobodin replaces Anton Kudryashov as head of Vimplecom's Russian business.
