Ross McEwan, the new CEO for the Royal Bank of Scotland, was tasked to start selling bank stake once he comes to office in October.
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UPDATE: Leiderman withdraws from Bank of Israel race
Leo Leiderman removed himself from the race for the new governor of the Bank of Israel. Leonardo Leiderman removed himself from the list of possible candidates to become the new head of Bank of Israel.
Tim Lee sits as chairman for GM’s Chinese unit
General Motors Co appointed Tim Lee as the new chairman of its Chinese unit as it gears up for expansion in its largest single market.
Barclays’s Donini to step down from office
Barclays Plc's COO Jerry Donini will step down from office making him the last of former CEO Robert Diamond's management team to leave the investment lender.
Tourre’s defense leads to trial loss
Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.
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Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
Sony Pictures Entertainment signed a joint venture agreement with Tom Rothman. Sony Pictures Entertainment announced on thursday that Former 20th Century Fox hit performer Tom Rothman had signed a joint venture with the studio.
Medical equipment maker, Smith & Nephew announced that the company is in the market to make acquisitions.
Last Thursday, jurors looked for clarity on information to be able to decide on the case of the former Goldman Sachs vice president, Fabrice Tourre.
Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.
Information provider Thomson Reuters appointed retired London-based lawyer Steve Turnball as member of its board of directors.
Former Eye Corp. vice president Michelle Schiano joined Kinetic Social's management team. Mobile advertisement technology specialist Kinetic Social announced Thursday that Michelle Schiano was appointed as the new executive vice president of marketing.
Allen Smith was named new CEO for Four Seasons Hotels and Resorts, succeeding former CEO Kathleen Taylor.
Sony Corp's board has engaged in deep talks with Daniel Loeb after boosting its full-year revenue ending March 31.
