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Sun capital eyes Jones Group's department stores - report
Sun Capital Partners, headed by Marc Leder, was reportedly interested in placing a bid on The Jones Group's department stores.
Danske aspires for ratings upgrade after firing of CEO
Danske Bank A/S Chairman Ole Andersen said in an interview with Reuters that the bank has been doing its best to improve its credit ratings, including replacing its former CEO with one who is well-versed in banking.
Hudson’s Bay names new Saks chief merchant
Hudson's Bay Co. announced naming Marigay McKee to be the president of the US luxury retailer Saks Inc. after the acquisition deal was completed.
Ex-JPMorgan traders charged over USD6.2 billion trading losses
Javier Martin-Artajo and Julien Grout along with other unnamed co-conspirators were indicted of five criminal counts for allegedly hiding trading losses valued USD6.2 billion.