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Monthly Archives: October 2013

Breaking news

Phone-hacking trial: four ex-News of the World staff plead guilty. Royal Mail strike called off. Papers lose bid to block royal charter. Government lose work-scheme case. Motives unclear for pizza man murder. New York lifts smoking age to 21. Cameras to roll in court of appeal. THE ROYAL BANK OF SCOTLAND PLC The unit of financial services group Royal Bank of Scotland Group Plc appointed Cissy Hon as head of trade product management, North Asia, and head of supply chain finance, Asia. Hon worked most recently with BNP Paribas SA in Hong Kong, where she was head of global trade solutions for local companies and structured finance. KCG HOLDINGS INC The U.S. financial services firm appointed Charles Haldeman as non-executive chairman of the board, effective Nov. 1. Haldeman has earlier served as chief executive of the Federal Home Loan Mortgage Corp, better known as Freddie Mac. MERCER The financial services consulting unit of Marsh & McLennan Companies, appointed Steven Seow as head of wealth management…

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Je kan geen mietje zijn – neem die moeilijke beslissingen

Als een van ’s werelds grootste adviseurs aan CEO’s en raden van besturen, heeft Ram Charan de afgelopen 35 jaren bij bedrijven doorgebracht, waar hij honderden managers zag omgaan met hun moeilijkste beslissingen. Hij deelt regelmatig zijn ervaringen in collegezalen en is auteur van verschillende boeken. Ook heeft hij meerdere artikelen gepubliceerd, waaronder de HBR klassieker ‘Conquering a Culture of Indecision’ (April 2001), waarin hij het probleem van verlamde organisaties aankaart. In dit bewerkte interview met HBR’s senior editor Melinda Merino, keert hij terug naar het onderwerp van beslissingen en praat hij over wat hij heeft geleerd tijdens de meer dan 30 jaar dat hij managers ze heeft zien maken.   HBR: Wat is er de afgelopen het meest veranderd in de manier waarop managers hun beslissingen maken? Charan: Het juiste antwoord krijgen is vandaag de dag moeilijker. Het is niet alleen dat er meer variabelen zijn om te overwegen; managers moeten ook subjectieve beslissingen maken over factoren die continue aan verandering onderhevig zijn. De…

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Andy Warhol a Milano

Liz Taylor turchese, incorniciata da scarpe dorate, sorveglia la prima sala creando una sorta di ampia parete domestica, come di conversation pieces, ma del XX secolo. In mostra a Milano a Palazzo Reale le opere di Andy Warhol, della collezione di Peter Brant, che lo rivelano nel suo genio anche a chi, stupidamente come me, lo aveva un po' snobbato come prodotto, se pure altissimo, di un arco culturale concluso con gli anni Ottanta. Prima del personaggio, il pittore. Il corrispettivo nell'arte di Truman Capote, genio assoluto, con cui condivideva anche alcune analogie biografiche.Prima tra tutte l'ossessione di celebrità, potere e ricchezza. Dalle scarpe, che insieme alle carte con gli acquerelli e i disegni a matita dei flaconi di profumo sono struggenti oggetti del desiderio, si arriva allo spettacolare lavoro sull'Ultima cena di Leonardo. Nel mezzo tutta la ricerca: dal luccichio dello star system, alla fosca drammaticità dell'incidente d'auto; dall'esuberanza del consumismo alla gretta realtà della sedia elettrica; la serie Flowers e quella dei teschi.…

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Shares resume upward trend on China data but slip overnight US trade deficit increases in August US Jobless claims drop by 12,000 following shutdown and glitches Bullish Bank of England minutes raise chance of early rate hike EU bank shares dive on tough stress test plan Exports help Spain emerge from two-year recession Euro consumer morale hits 27-month high Output boost again for UK’s car factories Canadian dollar slumps most in 4 months on central-bank stance Gold futures advance to 3-week high on stimulus speculation Russia cheers China deals Football Finance Focus  Business giants join forces to launch Indian Super League Russian billionaire takes control of Vitesse Arnheim  

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Breaking news

Lord Lucan’s golf clubs found in attic. Papers in final push to block charter. Katherine Jenkins sleeps with her eyes open. US accused of targeting UK geeks. Concordia dancer was captain’s lover. Owners of dogs involved in fatal attacks will face up to 14 years in jail. JPMORGAN CHASE & CO The lender has hired Michael Boardman to run banking, financial planning and investment management services for clients who do not qualify for its premier asset management and private banking services. As chief executive of Chase Wealth Management, Boardman will oversee about 3,000 financial advisers at the company's 5,600 branches that oversee $179 billion of assets. BANK OF AMERICA CORP The bank named Jodi Rolland as market president for Denver and state president for Colorado. Rolland now serves as managing director, Heartland market executive, for Merrill Lynch U.S. Wealth Management. THE NATIONAL TREASURY MANAGEMENT AGENCY Ireland appointed airline chief Willie Walsh to its government debt agency on Monday, securing the former British Airways boss's broad…

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Breaking news

Legend, Lou Reed dies. NSA tracked Merkel’s phone for 10 years.Food makers cut saturated fat. Disability benefit changes delayed. Beckham involved in Beverley Hills car crash. Jack Straw to retire in 2015. Saudi women hit the road. Quincy Jones sues Jackson estate. Grangemouth saved after uniondeal. Mongolia: darts crazy. BARCLAYS PLC The London-based bank appointed Geoff Parry as the UK head of global corporates, trade finance. He joins Barclays from National Australia Bank Ltd, where he was the head of trade finance for Southeast Asia. UBS AG The Switzerland-based financial services firm appointed Sufyan Abdul Jabbar as head of corporate client solutions for Malaysia, effective Jan. 2. Most recently, Jabbar was a director at Kuala Lumpur-based investment holding company CIMB Group Holdings Bhd. ICICI BANK LTD The India-based bank promoted Deputy Chief Financial Officer Rakesh Jha to chief financial officer, replacing N.S. Kannan, who will continue as an executive director. FULTON FINANCIAL CORP Patrick S. Barrett will join the company as senior executive vice president,…

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Breaking news

US accused of listening in on 35 world leaders. UK braces for worst ever storm. Portuguese re-open Madelaine McCann case after six years. Always eating? You may have a gene disorder. Yaya Touré: players could boycott 2018 World Cup in Russia over racism’ Prince Charles; it’s my duty to worry. Blair: I am good at absorbing pain. French football stages supertax strike. Twitter IPO valuation set at $11bn; still makes no profit. Government advice; keep your home warm this winter. STATE STREET GLOBAL ADVISORS The asset management arm of Boston-based State Street Corp , appointed Helen Copinger-Symes managing director, head of consultant relations for Europe, Middle East and Africa. Copinger-Symes joins from AllianceBernstein, majority owned by Axa SA, where she most recently served as head of business development and client relations for its Defined Benefits business. M&G INVESTMENT MANAGEMENT LTD The London-based investment management unit of Prudential Plc, appointed David Parsons as an investment specialist within its institutional public debt business. He joins from BlackRock…

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Breaking news

Germany summons US ambassador over phone row. Irish police return girl to family. London leaving rest of UK behind. Watching TV makes you fat. Call to give free vitamins to under-5s. Savile’s ex-flatmate arrested. Sexual assaults ‘rife’ in detention. HSBC HOLDINGS PLC HSBC appointed Jonathan Robinson, currently head of project finance for Middle East North Africa (MENA) and a managing director at the lender, as banking head for the region. Robinson will replace Paul Skelton, who will become the regional head of commercial banking. Both appointments are effective Jan. 1. GOLDMAN SACHS GROUP INC The bank hired Ian Smith from Citigroup as head of GS Electronic Trading in Asia-Pacific, according to an internal memo seen by Reuters. CITIGROUP INC Citi has named Neil Corney as chief executive of its Israeli unit, replacing Ralph Shaaya, the U.S. bank said. Corney is now head of markets at Citi Israel. DEUTSCHE BANK The German bank tapped a former Barclays Plc financial services banker, Gary Antenberg, to be co-head…

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You can’t be a wimp – make the tough calls

An Interview with Ram Charan As one of the world’s pre-eminent advisers to CEOs and boards, Ram Charan has spent the past 35 years on the road, watching hundreds of executives deal with their toughest challenges. He regularly shares the insights from his experiences in speeches and the classroom and is the author of several best-selling books. (His latest books are Boards That Lead, which he cowrote with Dennis Carey and Michael Useem, and Global Tilt.) He has also published many popular articles, including the HBR classic “Conquering a Culture of Indecision” (April 2001), in which he addresses the problem of organizational paralysis. In this edited interview with HBR senior editor Melinda Merino, he returns to the topic of decisions and talks about what he’s learned in three decades of helping executives make them. HBR: What has changed the most over the years about how executives make decisions? Charan: Getting to the right answer is tougher these days. It’s not just the greater number of…

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Breaking news

iPad Air and iPad mini 2 launched. Prince George to be christened. ‘Go home’ vans scrapped as failure. US CEOs break pay record as top 10 earners take home at least $100m each. An A-Z of modern office jargon. Boy, 15 sentenced for bank robbery. Dave Lee Travis denies assaults. John Major calls for tax on big six energy companies. Heart expert: eat butter and cheese. Australia bushfire crisis worsens. LCH.CLEARNET The risk management firm, majority owned by the London Stock Exchange Group Plc, appointed Suneel Bakhshi as chief executive. Bakhshi, president and CEO of Citigroup Inc unit Citigroup Global Markets JapanInc, is expected to join LCH.Clearnet early next year. STANDARD CHARTERED PLC The London-based bank appointed Liam Pepper as head of agricultural commodities sales, based in Singapore. Pepper was most recently with JPMorgan Chase & Co. US BANCORP U.S. Bank Wealth Management appointed Patricia Edwards as the managing director for investments for the private client reserve of U.S. Bank. Edwards was a partner and…

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