Francesco Starace has joined EQT Infrastructure as a partner weeks after the ending of his nine-year stint as chief executive at Italy's biggest utility Enel, the Swedish private equity firm said on Monday.
Switzerland has instructed Credit Suisse to cancel or reduce by 50 or 25% all outstanding variable renumeration for the top three levels of management, the Swiss Federal Council said in a statement on Wednesday.
Anglo American Plc named insider Duncan Wanblad as its new chief executive officer on Wednesday, in a widely expected move that will see current boss Mark Cutifani, who led the miner for nearly a decade, leave in April.
TikTok CEO Shou Zi Chew will step down as its parent ByteDance's chief financial officer (CFO) to focus on running the short video platform full time, according to an internal memo the company shared with Reuters.
Barclays' Chief Executive Jes Staley unexpectedly left the bank on Monday due to a dispute with British financial regulators over how he described his ties with convicted sex offender Jeffrey Epstein.