Zurich Insurance's Chairman Josef Ackermann resigned abruptly following the death of the company's CFO Pierre Wauthier.
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Zurich Insurance Group dispelled its concerns about the resignation of Josef Ackermann in the wake of its CFO's death.
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.
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 was named the new Deputy Chief Executive of the Hellenic Financial Stability Fund, replacing Marios Koliopoulos.
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.
Chief Executive Officer Igor Sechin of Rosneft bought more shares in the state-controlled firm, increasing his stake to USD 65 million.
Insight Equity Holdings announced the hiring of two new vice presidents and three new associates to its management team.
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.
Zurich Insurance executive Josef Ackermann resigned from the company after its finance chief died of suspected suicide.
