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Rothschild Family: Two Banks Fighting Over Clients, Power And Family Name

Rothschild Family: Two Banks Fighting Over Clients, Power And Family Name
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FB Roundup: Stellantis, Samsung, Benjamin de Rothschild

Agnelli heir John Elkann in the driving seat of Stellantis John Elkann, scion of Italy’s Agnelli dynasty, says the new $51 billion Fiat-Chrysler-PSA mega-merger he masterminded will meet the world’s needs in sustainable mobility. Elkann (pictured), 44, and his new management team launched Stellantis to the public and shares began trading this week. The board of directors includes Elkann as chairman and Carlos Tavares, 62, former chief operating officer at Renault, as chief executive, alongside nine non-executive directors. The board appointed an audit committee, a remuneration committee and a governance and sustainability committee. Headquartered in the Netherlands with 400,000 employees in 50 countries, Stellantis became the fourth largest car maker in the world and third largest by revenue, with annual sales of 8.7 million units and combined revenues of nearly €170 billion ($206 billion). The synergising Italian-American and French combination was estimated to save €3

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