NYSE board stands by Niederauer
Chairman says directors ‘fully supportive’ of chief executive despite the failure of attempted tie-up with Deutsche Börse. FT.com – European companies…
Ex-Credit Suisse traders face US charges
Criminal charges expected for alleged mispricing of mortgage-related securities that resulted in a $ 2.8bn writedown by the bank at the height of the financial crisis FT.com – European companies…
Benetton to make decision on delisting
Clothing group warns of 30 per cent fall in profits compared with 2010 results, as it struggles to compete with chains like Inditex and H&M FT.com – European companies…
Deutsche Bank faces post-Ackermann future
When Josef Ackermann steps down as chief executive in May, he will leave questions over how the bank can thrive in a post-crisis world FT.com – European companies…
Unipol rights issue to pave way for merger
Unipol Gruppo Finanziario plans to raise up to €1.1bn as it seeks a deal with rivals to become Italy’s second-largest insurance group by premiums FT.com – European companies…
Pressure shows on Europe’s frail airlines
The Hungarian government is preparing to restructure Malev after the state-controlled flag-carrier declared its finances were ‘unviable’ FT.com – European companies…
Europe’s refiners fall on hard times
Overcapacity, shrinking margins and competition from Asia have joined forces to underline the industry’s decline FT.com – European companies…
Carrefour confirms Plassat as new chief
Olofsson’s successor underscores challenge facing French retailer, which needs to undergo a radical change to compete FT.com – European companies…
TNT Post prepares for direct challenge
Royal Mail’s largest private sector rival plans to go head-to-head with the operator by launching its own delivery service for bulk and direct mail FT.com – European companies…
