Classic Layout

Mediobanca CEO Steps Down After Acquisition

[ad_1] Following the surprising success of Monte dei Paschi di Siena’s (MPS’) takeover of Mediobanca, Italy’s leading investment bank, Mediobanca CEO Alberto Nagel announced his resignation last month after 17 years at the helm, ending one of the longest runs for a European banking chief. Early this year, MPS, the …

Read More »

BBVA Sweetens Sabadell Bid | Global Finance Magazine

[ad_1] Spain’s second-largest bank is edging closer to creating Europe’s third-largest lender by market value, behind only HSBC and Santander. BBVA has raised its hostile takeover offer for Banco Sabadell by 10% to €17 billion (about $20 billion). The revised allshare proposal—one BBVA share for every 4.8376 Sabadell shares—would eliminate …

Read More »

Tougher H-1B Visa Stance Spells Global Change

[ad_1] President Donald Trump is pushing back against longstanding US immigration rules. In a September proclamation, Trump imposed a one-time $100,000 fee for new H-1B visa applications, which permits skilled foreign workers to be temporarily employed in the US. The White House claims the program has been exploited, facilitating the …

Read More »