Manuel Medina-Mora, head of Citigroup Inc's (C.N) consumer banking and chairman of the company's troubled Mexico unit, is preparing to leave in the coming months, the Wall Street Journal reported, citing people with knowledge of the situation.
Firm Management
Obama signs order to tighten security for federal credit cards
U.S. President Barack Obama signed an executive order on Friday to beef up security measures for federal credit cards, and urged banks and retailers to follow suit in an effort to combat the growing threat of identity fraud.
New Tesco boss likely to sell assets to fund recovery plan
Just six weeks into his job, Tesco (TSCO.L) boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of the deepest crisis in its 95-year history.
Sysco looks to divestitures to nail down US Foods deal
Food distributor Sysco Corp (SYY.N), fighting to complete a merger with US Foods Inc [USFOO.UL], is attempting to craft a package of potential asset sales weighty enough to convince U.S. antitrust regulators to approve the deal.
Google tests waters for potential ultra-fast wireless service
Google Inc is preparing to test new technology that may provide the foundation for a wireless version of its high-speed "Fiber" Internet service, according to telecommunication experts who scrutinized the company's regulatory filings.
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Ford Motor Co said on Monday it will add 850 hourly jobs at its Dearborn, Michigan, facilities to support the launch of the redesigned, aluminum-intensive 2015 F-150 pickup truck.
Belgian chemicals company Solvay SA has won a contract to provide plastic for Apple Inc's latest smartphone iPhone 6 handsets, Bloomberg said on Monday.
J.C. Penney Co Inc (JCP.N) named Home Depot Inc (HD.N) executive Marvin Ellison as its new chief on Monday, ending an 18-month search but barely allaying investor concerns over problems facing the money-losing department store chain.
Fiat Chrysler Automobiles (FCA) makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.
Air France-KLM is pressing ahead with expansion of its low cost brand in France and has a back-up plan if a deadlock with pilots continues, its Chairman and Chief Executive Officer Alexandre de Juniac said in an interview published on Sunday.
Poland's Bank BGZ will issue shares worth 2.24 billion zlotys ($676 million) to merge with BNP Paribas' Polish unit following BNP's acquisition of BGZ, the lenders said.
BMW (BMWG.DE) has hired Ferrari's former chief engineer as it seeks to strengthen its technical prowess amid intensifying competition with rival German luxury carmakers Audi and Mercedes-Benz.
Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus.
Gap Inc (GPS.N) Chief Executive Glenn Murphy will retire in February and hand over the reins of the apparel retailer to its digital business head Art Peck, as the company looks to tap customers' increasing preference for online shopping.
