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Has Europe s BlackRock outgrown its pond?

T HE PRACTICE of elevating a company’s chief executive to chairman has come to be frowned upon, if only because a new boss often struggles to break free if her predecessor is looking over her shoulder. Not so at Amundi, Europe’s biggest money manager. In May Yves Perrier, its CEO since 2010, will move upstairs and Valérie Baudson, his current deputy, takes the helm as chief executive. Shareholders have reacted to the news rather well: Amundi’s share price has risen by 11% since it was announced in February. Listen to this story Enjoy more audio and podcasts oniOSorAndroid.

DEUTSCHE BÖRSE IM FOKUS: Kontinuierliches Wachstum soll sich fortsetzen

DEUTSCHE BÖRSE IM FOKUS: Kontinuierliches Wachstum soll sich fortsetzen
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DEUTSCHE BÖRSE AG : Upgraded to Buy by Credit Suisse

Credit Suisse s analyst Haley Tam has upgraded his rating from Neutral to Buy. The target price has been lifted and is now set at EUR 160 compared to EUR 145 before. | February 20, 2021

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