11 July 2019

Reckitt Benckiser to pay record $1.4bn in US penalty settlement

Reckit Benckiser allegedly made unsubstantiated claims about its anti-addiction drug Suboxone.

11 July 2019

Lloyds Bank swipes Callsign deal to bolster cyber security

Start-up's software learns how customers use phone to flag suspect behaviour.

10 July 2019

A.P Moller-Maersk to acquire Danish wind turbine supplier KK Group

A.P. Moller-Maersk has announced that it will acquire Danish wind turbin supplier KK Group as the first step into the renewable energy industry.

8 July 2019

British Airways to be fined with biggest ever penalty for data breach

British Airways is facing a record fine for breaching European data privacy laws.

7 July 2019

Ex Goldman Sachs executive to join fintech Revolut

Start-up has appointed string of City grandees as it seeks to boost governance credentials.

7 July 2019

18,000 jobs lost due to radical banking at Deutsche Bank

Deutsche Bank has announced that it will close down its equities trading business and establish a bad bank comprising €74bn of risk-weighted asssets.

3 July 2019

Former UBS Investment Bank Chief, to launch lawsuit against Barco Santander

In January Santander withdrew its offer to hire Orcel as its group CEO.

27 June 2019

Jony Ive set to leave Apple to form new venture

Ive first joined Apple in 1992.

27 June 2019

Amos Genish departs Telecom Italia Board six months after being ousted as CEO

Genish is replaced by Vivendi’s executive Frank Cadoret.

26 June 2019

Activist investor Carl Icahn aims board overhaul at Occidental Petroleum

Activist investor argues that board mismanaged acquisition of Anadarko.

24 June 2019

Walmart agrees to $282 million settlement to close corruption allegations

SEC found that retailer favoured growth over compliance in its operations in Brazil, China, India, and Mexico.

20 June 2019

Deutsche Bank faces US money laundering probe

German lender alleged to have ignored concerns raised by a whistle blower.

19 June 2019

Nissan offers Renault Chief Executive seats on board committees

Governance agreement seen as crucial for the alliance.

19 June 2019

Feipel names chair of Lux Directors Institute

Attorney Carine Feipel elected chair of the Luxembourg director’s institute (Institut luxembourgeois des administrateurs).

18 June 2019

Old Mutual fires CEO Peter Moyo

Peter Moyo fired over dividend payments from NMT, a company he co-founded, in which Old Mutual owns a stake.