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Fiat Chrysler gears up to help dealers trim costs

Fiat Chrysler Automobiles (FCA) has prepared a blueprint on business growth for its Fiat dealers. The new plan enables Fiat dealers to trim operational costs and restore trust in the brand. FCA has also advised dealers to close down unviable stand-alone dealership outlets.

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Sergio Marchionne (R)

Ferrari shares rev up in market debut but shift to low gear a week later

Fiat Chrysler Automobiles (FCA), the Italian-US automobile company being the parent company of Ferrari, floated to the public 17.18 million shares accounting for nearly 10% of Ferrari at $52 a share at its IPO at the NYSE.

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Oracle

Financial Conduct Authority Wasted £3.2m Tax Money on a Deal with Oracle for a Software Never Used

City watchdog the Financial Conduct Authority wasted £3.2 million of taxpayers' money on a deal with Oracle for software that was never used. FCA officials admitted that the agency only required £1 million for a software they needed. But according to reports from This Is Money, the FCA paid a total of £4.2 million for a deal with San Francisco-based tech giant Oracle.

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Sergio Marchionne

Fiat Chrysler CEO says long way from lobbying GM investors

Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) is a long way from making any offer to the shareholders of U.S. rival General Motors (GM.N) over a possible tie-up, FCA Chief Executive Sergio Marchionne said on Wednesday.

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Mary Barra

GM CEO Barra says Fiat Chrysler chief sent email on possible merger

General Motors Co (GM.N) Chief Executive Officer Mary Barra said on Tuesday that Fiat Chrysler Automobiles NV (FCHA.MI) CEO Sergio Marchionne sent an email proposing a potential merger, and that GM's board gave "strong support" to her strategy of going it alone.

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Chrysler

Fiat Chrysler's U.S. unit redeems bonds due 2019

The U.S. unit of carmaker Fiat Chrysler Automobiles (FCA)(FCHA.MI) (FCAU.N) has redeemed senior secured notes that mature in 2019 with a total face value of $2.875 billion, a filing with U.S. market regulator SEC showed.

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Ferrari

Fiat Chrysler has no plans to list any other brand besides Ferrari: CEO

Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) has no plans to list any other brand from its portfolio besides luxury unit Ferrari, FCA Chief Executive Sergio Marchionne told a shareholder meeting on Thursday.

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Sergio Marchionne

Fiat Chrysler's Marchionne earned 31.3 million euros in 2014

Fiat Chrysler Automobiles (FCAU.N) (FCHA.MI) Chief Executive Sergio Marchionne earned 31.3 million euros ($34 million) last year, including a bonus for cementing a deal that created the world's seventh-largest carmaker, a regulatory filing showed.

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Britain Banks

One in 10 bankers scraps bid for top UK job as vetting gets tougher

More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis.

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HSBC

UK, U.S., Swiss close in on forex settlement with top banks

British and U.S. regulators are poised to levy hefty fines on leading banks in a landmark settlement after a year-long global investigation of allegations of collusion and manipulation in the foreign exchange market.

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Ferrari

Fiat Chrysler to spin off Ferrari, issue $2.5 billion convertible bond

Fiat Chrysler Automobiles (FCA) (FCAU.N) said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan.

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Blinkx

UK-based online video firm Blinkx complains to regulator of possible market manipulation

After losing a third of its value last week due to a ruinous blog post published about the firm by a Harvard Business School professor, Blinkx complained to a financial regular that it may have been the victim of a market manipulation, the Financial Times reported.

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Funeral Consumers Alliance logo

Funeral Consumers Alliance protests against funeral home chain's acquisition of competitor

Funeral Consumers Alliance protested against funeral home chain's acquisition of competitor.

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Financial Conduct Authority

Financial Conduct Authority Orders Trading Bans on Certain Shares

The FCA orders trading bans on three Portuguese firms due to market volatility.

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