Business

The FINANCIAL -- On July 22, Wells Fargo announced that Perry Pelos, executive vice president and group head of the company’s Commercial Banking business, will take on an expanded leadership role overseeing the Commercial Banking, Corporate Banking, and Treasury Management lines of business. He will remain based in San Francisco. Kyle Hranicky, the head of Corporate Banking, and Danny Peltz, ...

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The FINANCIAL -- According to CREDIT SUISSE GROUP, Tidjane Thiam, Chief Executive Officer, said: “Credit Suisse reported improved profits in the second quarter. Asia Pacific delivered a strong ...

The FINANCIAL -- The forthcoming statistical releases on monetary developments, investment funds and financial vehicle corporations will include a more comprehensive breakdown by counterpart sectors. ...

The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) is supporting the modernisation of the Slovenian steel sector by investing €8.5 million in bonds issued by SIJ-Slovenska ...

The FINANCIAL -- The World Bank’s Board of Executive Directors today approved a new policy governing procurement in projects financed by the Bank. The new Procurement Framework will allow the World ...