In a recent statement, Citigroup CEO Jane Fraser noted that radical changes are coming in order to simplify the bank.
The executive spoke of a “major management reorganization that will allow her to more directly supervise her businesses, in an attempt to simplify the bank.”
According to Fraser,…
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Tinder delays its metaverse project
It is presumed that Match Group, the company owned by Tinder, is delaying its plans for the launch of the metaverse announced in February of this year.
According to a letter sent by the company's shareholders, these plans would be…
Fiat Chrysler and PSA shareholders approved their merger almost unanimously
According to a dispatch from the EFE agency, this operation, announced in October 2019, obtained 99.15% of the votes of the shareholders present at the FCA meeting and 99.95% of those of PSA, which were held without public and were…
Mitsubishi and Chubu buy Dutch Eneco for € 4.1 billion
The Japanese emporium Mitsubishi Corporation and the Japanese power company Chubu Electric Power have bought through a consortium the Dutch energy company Eneco for 4,100 million euros, as announced by the firms on Monday in a joint…
Sotheby’s sold to European company Altice
The European telecommunications company Altice is the new owner of the Sotheby's auction house. The acquisition was made through the company BidFair USA for the sum of 3,300 million euros (approximately USD 3,700 million) and the…
Philippines delays publication of definitive legal framework for ICOs
Through a statement, the Philippine Securities Commission (PSEC) reported that it has not yet released the final legislative framework for Initial Offers in Cryptocurrencies (ICOs).
According to the authorities' report, the shareholders…
Disney buys entertainment division of 21st Century Fox
Negotiations between two giants of the world of cinema came to an end and it is official the purchase of the entertainment division of 21st Century Fox by the Disney studios for US $ 71 billion.
After several days of negotiations, Fox…