Investcorp set to sponsor COP28

Investcorp, a prominent global player in the realm of alternative investments, has disclosed its pivotal role as an “Associate Pathway Partner” for the 28th Conference of the Parties to the United Nations

Citigroup CEO plans major management shuffle

Citigroup (C.N) is set to embark on a significant restructuring initiative aimed at streamlining its operations, trimming layers of management, and facilitating a more direct oversight approach for CEO Jane Fraser. This

Goldman Sachs fires transaction banking execs

Goldman Sachs Group Inc, a prominent financial institution, has taken decisive action by terminating key personnel within its transaction banking division, including the division’s head, Hari Moorthy. The termination stems from a

BP chief quits amid board transparency issue

In a startling turn of events, the chief executive officer of global energy giant BP, Bernard Looney, has tendered his resignation with immediate effect. The announcement, made late in the evening, sent

Bloomingdale’s brings on Olivier Bron as next CEO

Macy’s, the venerable American retailer, announced on Tuesday the appointment of international retail executive Olivier Bron as the next Chief Executive Officer (CEO) of its esteemed upscale department store, Bloomingdale’s. Olivier Bron,

Alibaba’s New CEO briefs staff on the plan

In a momentous transition of leadership at Alibaba Group, newly appointed CEO Eddie Wu has unveiled the tech behemoth’s dual strategic pillars for the future – a commitment to prioritising the user

Corporate price expectations slide in the UK

As the countdown to the next Bank of England rate decision dwindles to a mere two weeks, there is a palpable sentiment permeating financial circles that the current rate hike cycle may

EU nations struggle to agree on CSDDD

Numerous European Union member states remain embroiled in deliberations over critical facets of the EU’s forthcoming legislation designed to hold corporations accountable for human rights and environmental transgressions within their extensive value

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