Carl Icahn, the activist investor known to take major seats in companies and push for management change, had announced raising his stake in Nuance Communications Inc.
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Hedge funds uneasy on Summers's possible Fed Reserve nomination
According to a Bloomberg report, the potential nomination of a Federal Reserve outsider made investors scramble for advice on whether the news would have an effect in financial markets and monetary policy.
Calamos Investments President and COO leaves firm
James Boyne, erstwhile Calamos Investments President and COO resigns to pursue non-profit work. In an announcement last Thursday, Calamos investments announced that the firm's President and COO would be leaving the company by September 30.
George Koutsos is new head of Hellenic Financial Stability Fund
George Koutsos was named the new Deputy Chief Executive of the Hellenic Financial Stability Fund, replacing Marios Koliopoulos.
Royal Bank of Canada appoints first female chairperson
The Royal Bank of Canada promoted Taylor as the bank's first female chairman. The Royal Bank of Canada (RBC) had elected Kathleen Taylor as its first female chairman in 2014.
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Zurich Insurance executive Josef Ackermann resigned from the company after its finance chief died of suspected suicide.
Renault SA COO Carlos Tavares would step down after publicly revealing desire to run General Motors Co or Ford Motor Co.
Although Javier Martin-Artajo had bought himself time by getting arrested in Madrid, lawyers involved in getting the JP Morgan ex-employee back believed that his extradition, though delayed, was inevitable.
Android vice-president Hugo Barra left Google amid marriage troubles between Sergey Brin and Anne Wojcicki.
Zurich Insurance chairman Josef Ackermann resigned in relation to the suicide of the insurer company's CFO, Pierre Wauthier.
Barclays hired investment bankers Paul Knight and Michael Rawlinson to lead its global metals and mining team.
Capital One hires former bankers to spearhead the credit card company's expansion into the energy business.
Goldman Sachs' managing director Jason Lee had been indicted with rape by a grand jury. Jason Lee, managing director at Goldman Sachs Group Inc. was charged with rape.
A books website claimed that actor Bryan Cranston of "Breaking Bad" tv series will be playing Lex Luthor for the 2015 Superman film.
