Days after the Financial Conduct Authority (FCA) sanctioned Barclays for failing to check a £1.88bn deal it handled for “politically exposed people”, shareholders are calling for the bank to claw back the bonuses of those involved in the scandal.
Rolls-Royce has issued its fifth profit warning in less than two years due to weak demand, leading its new boss to outline plans for a “major restructure”.
Tech giant Dell has recently announced that it made an offer to acquire EMC, and the internet has been awash with comments from experts on how its use of tracking stock as part of the proposed deal will help it avoid a tax bill.
Mark Edge, UK country manager at Brainloop, talks about the implications of boards embracing digitalisation, and the ways in which this can be achieved.
Since January 2015, Yahoo CEO Marissa Mayer has been moving forward with a restructuring plan that would allow the company to offload its stake in Alibaba to shareholders – even without the blessing of the Internal Revenue Service (IRS).
It said that the board and shareholders of Jack Wills had decided not to pursue an IPO after “a detailed review of growth opportunities”, and that current boss Wendy Becker had decided to step down as a result.
Whether it be arguments about funding, personnel or strategic direction, conflict is often par for the course when it comes to growing companies. However, in these extreme cases, it can prove pretty harmful to ultimate success.
New data from the High Pay Centre think tank has revealed that, not only did the ten highest paid CEOs at FTSE 100 companies make over £150m in total, but those in the position are now paid 183 times the average UK worker.
The The Annual Survey of Football Finance Directors by professional services firm BDO has revealed the majority of football teams do not expect to be in the black after player trading and amortisation is taking into account.
Executive chairman John McFarlane has revealed that Barclays' investment banking unit reported a strong turnaround – but it won't stop him from scrapping its dividend target in a move to improve returns for shareholders.
Antony Jenkins has been fired due to disagreements with the board about the pace of cost cutting and the size of the investment bank. However, his focus on company culture may have been exactly what the bank needs to restore its reputation, as well as boost growth.
Shares in Japanese electronics giant Sony have fallen more than eight per cent after it announced plans to raise money in a sale of shares and convertible bonds.