The European Central Bank has extended a deadline for filling three top jobs at its bank supervision arm after it failed to hire any women for the roles, two sources said, illustrating the bank’s long struggle to attract female talent for senior positions.
Growing demand by Asia’s rich for independent advisory services and access to a wide variety of investment products is spurring the surge of boutique wealth managers more associated with the established wealth hubs of Switzerland and London.
It could take more than one year for Fiat Chrysler and Renault to finalize a proposed merger of the two companies, FCA group’s chief executive told employees on Monday in a letter seen by Reuters.
Nasdaq withdrew its offer for Oslo Bors on Monday, giving pan-European exchange Euronext free rein to pursue its bid for the Norwegian stock market operator after a five-month battle.
American-Italian carmaker Fiat Chrysler has made an all share merger proposal to French rival Renault as part of a new wave of auto industry consolidation.
China’s Foreign Ministry said on Monday that any disputes between China and the United States should be resolved through talks.
Peugeot-maker PSA’s shares fell on Monday, which some analysts put down to the fact that Fiat had chosen to seek a merger with Renault rather than PSA.
Norway’s DNB will meet with Euronext before deciding whether to sell its 20% stake in Oslo Bors VPS to the pan-European stock market operator, the bank said on Monday.
Fiat Chrysler has made a “transformative” merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer.
Shares in both Fiat and Renault surged higher on Monday, as analysts welcomed a proposed merger between the two carmakers.
Nasdaq withdrew its bid on Monday to takeover Norwegian stock market operator Oslo Bors VPS, leaving pan-European competitor Euronext as the sole bidder.
The French government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and French peer Renault, said government spokeswoman Sibeth Ndiaye on Monday.
Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range after the weekend’s European Parliament elections.
Fiat Chrysler has made a “transformative” all-share merger proposal to French rival Renault, the Italian-American carmaker said on Monday, in a deal to create a new third-ranked global manufacturer.
Italian government will defend national interest in the FCA- Renault merger and might ask for a stake in the new global automaker to match French state holdings, a prominent League ruling party lawmaker said on Monday.
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