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Citigroup names Zdenek Turek as Western Europe head

Citigroup named Zdenek Turek as new head of its Western Europe operations. (Photo : REUTERS)Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.


SandRidge Energy Ousts CEO

SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.

Sandberg: Facebook Has Never Been Stronger Since IPO

Sheryl Sandberg, Chief Operating Officer for Facebook Inc. said that the company is in a better position after going public.

Icahn Repeats Pledge for Dell Buyback

Carl Icahn reiterated his interests in owning Dell and said that the US$5.2 billion refinancing from the investment bank is expected in the next couple of weeks.


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STAT-Diagnostica appointed Gerard Valliant as its new chairman. (Photo : Reuters)The image is the diagnostics center of a hospital. STAT-Diagnostica, a medical diagnostics company, has announced Gerard Vaillant as its new chariman of the board of directors.
Steve Cadigan, previously LinkedIn's vice-president for Talent, is now part of Gild's board of advisors.
Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.
CEO for Smithfield Foods Inc., Larry Pope can get a hefty US$46.6 million payment from merger-related transactions.
Carl Icahn promised Dell shareholders to buyback US$16 billion of its stock if they will join his campaign against privatization of the computer maker.
Janney Montgomery Scott LLC expands its veteran adviser leadership with new transfers from Morgan Stanley Wealth Management.
NVCA announced that Bobby Franklin is the association's new president. The NVCA (National Venture Capital Association) announced on Tuesday that it has named Bobby Franklin as its next president and Chief Executive Officer.
David Polk & Wardwell announced the entrance of Jon Leibowitz to its team of antitrust specialists. The Federal Trade Commission's ex-Chairman Jon Leibowitz is now joining Davis Polk & Wardwell's Washington D.
Tom Hayes, former trader at UBS AG and Citigroup Inc. was charged into manipulation of London interbank offered rate.
DFJ Esprit promoted its old employee, Scott Sage, to partner. DFJ Esprit recently announced the promotion of Scott Sage to partner. Sage has previously worked on the company as a venture capitalist and partner to many portfolio company decision-makers.