The merger of two of the largest automated trading firms would create savings as well as increase revenues for the new merged entity.
Firm Management
Banco Itau BBA lets Five Directors Go in Restructuring Plan
Banco Itau is said to be relieving the duties of Marcelo Marangon and four others from executive positions in the bank.
ASML Holdings Announces Plans for 2013
ASML Holdings introduces new CEO and unveils buyback plan for shares. The largest semiconductor equipment supplier in Europe, ASML Holding NV has appointed its finance director Peter Wennink to the position of Chief Executive Officer.
New COO for Tauriga Sciences
Dr Stella M. Sung has been appointed as the new COO for Tauriga Sciences. In an announcement, biotechnology company Tauriga Sciences has named Stella M.
Woodbridge Opens India Headquarters
Woodbridge opens its India office amidst its cross border successes. Woodbridge International, a middle-market merger and acquisition firm, has announced the opening of its Pune, India headquarters.
Latest News
Amidst its insider trading investigation, SAC Hong Kong has lost five staff members and moved three others to other SAC offices.
SAC Capital Advisors has lost seven Hong Kong staff and relocated five others, but the hedge fund had declined to explain the departures.
Malaysia's vibrant bourse is now the home of SPAC's in Asia. Malaysia is seeing a new kind of IPO in their bull market, called special purpose acquisition company.
Internet retailer Amazon.com Inc has increased stock compensation for key executives in 2012, using Apple as a peer group in helping it determine how much to pay executives.
In a move to bolster investment banking projects, Deutsche Bank removes three supervisory board members and replaces them with known advocates of investment banking.
Andrea Ragnetti may have to leave Ducati as CEO when asked to become Alitalia's new CEO. The chief executive officer of renowned Italian motorcycle builder Ducati, Gabriele Del Torchio is the top choice to take over the helm of ailing airline Alitalia.
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.
Kenneth Coleman joins Andreessen Horrowitz roster of advisers. Andreessen Horowitz, the venture capital firm has engaged the veteran expertise of Kenneth Coleman as one of its adviser on roster.
HG Data's new President is Tim Baskerville. In a press release, HG Data Company announced the appointment of Tim Baskerville as President. Since 2011, Baskerville had been on the Board of Directors of HG Data.
