Deutsche Bank chairman to hold call with board over CEO: Handelsblatt
FRANKFURT (Reuters) – The possible replacement of Deutsche Bank Chief Executive John Cryan could be discussed on a call with board members scheduled on Sunday evening by Supervisory Board Chairman Paul Achleitner, German newspaper Handelsblatt reporte…
High stakes, high expectations as earnings season heats up
NEW YORK (Reuters) – The rockiest U.S. stock market in two years will meet a major test in the coming weeks as first-quarter earnings pour in, with expectations that tax cuts will help Corporate America show its biggest quarterly profit growth in seven…
Proxy adviser ISS recommends vote for all Wells Fargo board nominees
(Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) on Friday recommended Wells Fargo & Co shareholders vote for all Wells Fargo board nominees at the bank’s annual meeting on April 24.
Facebook suspends Canadian firm AggregateIQ over data scandal
(Reuters) – Facebook Inc said on Friday that it had suspended Canadian political consultancy AggregateIQ from its platform after reports that the data firm may have improperly had access to the personal data of Facebook users.
ISS recommends against Goldman pay plan, worried on costs
BOSTON (Reuters) – Proxy advisor Institutional Shareholder Services on Friday recommended investors vote against a stock plan for employees at Goldman Sachs Group Inc, concerned about its costs and the bank’s heavy use of stock-based compensation.
Saudi Aramco eyes new petrochemical plant in Texas: sources
HOUSTON (Reuters) – Saudi Arabia’s national oil company Saudi Aramco on Saturday is expected to disclose initial steps toward a multibillion-dollar chemical plant in Texas, according to sources familiar with the company’s U.S. operations.
Fed chair vague on trade risks; his next No. 2, anything but
SANTA ROSA, Calif./CHICAGO (Reuters) – Federal Reserve Chairman Jerome Powell and the incoming chief of the New York Fed on Friday stuck closely to a unified script on the economic outlook, in separate appearances sketching a picture of gradual interes…
Boeing wins American Airlines’ widebody jet order
NEW YORK (Reuters) – Boeing Co has won a closely watched contest to supply 47 new 787 Dreamliner jets to American Airlines , beating European rival Airbus for the highly coveted order of widebody, long-haul aircraft.
CBS nominates former Time Warner CEO to its board amid Viacom talks
(Reuters) – CBS Corp said on Friday it nominated Richard Parsons, a former chairman of Citigroup Inc and Time Warner Inc as an independent director, as the company renews its push to merge with Viacom Inc .
Morgan Stanley CEO James Gorman pay up 20 percent in 2017
NEW YORK (Reuters) – Morgan Stanley Chief Executive James Gorman’s overall pay rose 20 percent to $27 million last year during a period that saw the firm’s net revenues rise 10 percent and pre-tax profit margin rise 18 percent, according to bank filin…
