Toy are trying to raise up 9. 6 billion to buy a stake in italys largest phone company. Rules on major benchmarks. Banksere imposed after were accused of rigging libor. The u. S. Has attacked 12 refineries controlled by the Islamic State in its latest attempt to degrade and destroy the sunni militant group. Peter cook joins us from d. C. What do we know about these strikes . The third day of airstrikes by coalition forces. This involved both u. S. Aircraft, saudi aircraft, and aircraft from the united arab emirates. They went after modular refineries. There are 12 of them in eastern syria. These are refineries that the Islamic State was using to fuel forces in their own that part of the country. This was basically an attempt to hit them right in their pocketbook. These are refineries that are producing revenue for the Islamic State. These are targets that had been looked at for quite some time. Involved, as well. The initial take on the strikes were successful. Do not be surprised if m
Was fighting his own internal battle against his own body. He was diagnosed with cancer just one year into his tenure. Edit in his final Television Interview as ceo, i traveled to croatia to visit him in a place he fell in love with 13 years ago and where he will spend his retirement. During the course of our conversation, it is close to me more about his cancer, the prognosis was not good. In may, he was told he had about 912 months to live. You feel at the time you Master Retirement that i dont have another year in need to stay on as ceo . I knew that the cancer had begun massive mutations. I knew that there was no drug yet on the market. There were studies. Clocknineet the months one year. When . Back in may. The board and i met in april and we said i think you need to do some major changes in the organization. They were concerned about me changing the organization dramatically and then we announced a new ceo. Great and we were thinking about the First Quarter of next year. I said i
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Author Bio
Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group. Follow @BramBerko
The chief regulatory affairs officer at
Wells Fargo (NYSE:WFC) is stepping down to purse other opportunities,
American Banker reported recently.
Sarah Dahlgren, head of regulatory affairs at the bank, reportedly told management about her decision earlier this month. Steve Manzari, head of regulatory engagement at Wells Fargo s consumer bank, will serve as interim head of regulatory relations.
According to Dahlgren s LinkedIn profile, the head of regulatory relations is responsible for the overall strategy for regulatory engagement, regulatory communications in terms of responses to regulators, and making sure the bank follows firmwide requirements. Dahlgren joined the bank in 2018 after serving as a partner for