27 September 2019

BNY Mellon Charles Scharf to join Wells Fargo as CEO

Appointment of former Visa CEO ends the six-month long search.

19 September 2019

Airbnb plans to list on stock exchanges in 2020

Home rentals platform Airbnb becomes the next sharing economy business that intends to go public.

5 September 2019

Goldman Sachs continues to shrink its top level ranks

CEO's one-year anniversary internal review has ignited a shake up among the bank's long-time managers

26 August 2019

Johnson & Johnson to pay $572 million for role in Oklahoma opiod crisis

World’s largest healthcare company found responsible for the state’s opioid crisis

22 August 2019

Rethinking the purpose of businesses

The decision of big corporations to ditch the shareholder primacy mantra raises questions about the purpose of businesses

15 August 2019

WeWork's IPO raises concern

The multi share system and the lack of female representation on the board could affect investors' willingness to buy WeWork shares

13 August 2019

CBS and Viacom to reunite in an all-stock merger

CBS and Viacom reunited after 14 years in order to take on competitors.

8 August 2019

COSO set to release new guidelines for managing cybersecurity

The new guidance is expected to focus on the application of ERM principles as a protection against cybersecurity threats.

24 July 2019

Facebook fined $5 billion by FTC for privacy violations

Settlement with the FTC also requires the company to set up a board privacy committee comprised of independent non-executive directors.

15 July 2019

Uber adopts diversity targets as performance metric for senior executive bonuses

The newly publicly listed company is seeking to increase diversity in top roles.

27 June 2019

Jony Ive set to leave Apple to form new venture

Ive first joined Apple in 1992.

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.

11 June 2019

Wells Fargo struggles to attract interest from top candidates for CEO role

PNC CEO William Demchak and former US Bancorp CEO Richard Davis both declined interest in the job.

6 June 2019

Four top EU/GSIB banks fined for manipulating foreign exchange market

Banks to pay over $90 million in penalties to Swiss regulator following €1 billion fine from the EU.