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  • Thiam: Always going to leave Prudential Tuesday, 10 Mar 2015 | 6:30 AM ET
    Thiam: Always going to leave Prudential

    Tidjane Thiam, outgoing CEO of Prudential, says that he always knew he'd leave Prudential someday, and that he doesn't know who will take his position.

  • Thiam: Credit Suisse is a 'great brand' Tuesday, 10 Mar 2015 | 6:30 AM ET
    Thiam: Credit Suisse is a 'great brand'

    Tidjane Thiam, outgoing CEO of Prudential, talks about his move to Credit Suisse, adding that he has complete respect for his predecessor, Brady Dougan.

  • Thiam: I believe in renewal Tuesday, 10 Mar 2015 | 6:30 AM ET
    Thiam: I believe in renewal

    Tidjane Thiam, outgoing CEO of Prudential, says he believes "in renewal" within a business structure.

  • New Credit Suisse CEO must deliver 'credible strategy' Tuesday, 10 Mar 2015 | 5:00 AM ET
    New Credit Suisse CEO must deliver 'credible strategy'

    CNBC's Carolin Roth says that new CEO Tidjane Thiam will have to navigate Credit Suisse through a "very choppy and very volatile market environment."

  • ZURICH/ HONG KONG, March 10- Credit Suisse said it had hired Prudential head Tidjane Thiam as the first African to lead a global investment bank, with the job of reviving a company reeling from U.S. penalties and under increasing regulatory scrutiny. Credit Suisse Chairman Urs Rohner said long-standing boss Brady Dougan was stepping down as chief executive of...

  • Credit Suisse names Tidjane Thiam as new CEO Tuesday, 10 Mar 2015 | 3:52 AM ET
    Tidjane Thiam, chief executive officer of Prudential Plc

    Credit Suisse confirmed Tuesday that CEO Brady Dougan will step down in June 2015, to be replaced by Tidjane Thiam.

  • Mitsubishi UFJ Financial Group dropped 3.5 percent, Sumitomo Mitsui Financial Group shed 2.2 percent and Mizuho Financial Group declined 1.7 percent. The Nikkei business daily said the proposal to boost banks' capital has been shepherded through the Basel Committee on Banking Supervision by the U.K. and Germany, which are concerned about a rise in rates, but...

  • SHANGHAI, March 10- China shares sagged on Tuesday morning as banking stocks stepped back after Monday's surge, while the mood was also soured by data showing increased factory sector deflation hurting pricing power of Chinese firms. China's key banking subindex, which jumped nearly 6 percent on Monday on expectations that lenders would soon be awarded...

  • ZURICH/ HONG KONG, March 10- Long-standing Credit Suisse boss Brady Dougan is set to quit as chief executive of the Swiss bank as soon as Tuesday and will be replaced by Prudential head Tidjane Thiam, people familiar with the moves told Reuters. Thiam, a former Ivory Coast government minister who has led Prudential since 2007, will become one of the few top...

  • NEW YORK, March 9- Stocks on Wall Street rose while other major markets edged lower on Monday as investors bet the Federal Reserve will raise interest rates sooner than previously expected, while U.S. and euro zone bond prices rose as the European Central Bank started its bond-buying program. President Barack Obama issued an executive order declaring OPEC...

  • Metro Bank CEO on meeting customer needs Monday, 9 Mar 2015 | 12:10 PM ET
    Metro Bank CEO on meeting customer needs

    Craig Donaldson, CEO of Metro Bank, talks about the company's performance in terms of lending, adding that they are supporting customers for the "long-term, not the short-term return."

  • Eurogroup: Time to take Greece talks 'seriously' Monday, 9 Mar 2015 | 12:10 PM ET
    Eurogroup: Time to take Greece talks 'seriously'

    Regarding Greece's debt negotiations, Jeroen Dijsselbloem, president of the Eurogroup, says "We have to stop wasting time and really start talks now seriously."

  • *Wall St edges up, Europe stocks follow Asia lower. NEW YORK, March 9- Stocks in major markets fell on Monday as investors bet the Federal Reserve will raise interest rates sooner than previously expected, while U.S. and euro zone bond prices rose as the European Central Bank started its bond-buying program. A larger pullback is still likely on Wall Street according...

  • *Europe stocks follow Asia lower, Wall St set to rise. LONDON, March 9- Stocks fell on Monday as investors speculated U.S. interest rates will rise sooner than expected and as a long-awaited 1 trillion-euro European Central Bank bond-buying stimulus program got under way. A drop in European shares followed declines in Asia, after forecast-beating U.S. jobs data on...

  • LONDON, March 9- Euro zone bond yields fell on Monday as the European Central Bank and the bloc's national central banks began buying bonds under a 1 trillion euro money-printing programme. It has pledged to spend 60 billion euros a month buying mostly government bonds until September 2016 or until euro zone inflation is pushed back towards its target of just...

  • FRANKFURT, March 9- The European Central Bank and central banks in the euro zone have started purchases under its quantitative easing programme to buy chiefly government bonds, the ECB said on Twitter on Monday.

  • What's charging lithium demand? Monday, 9 Mar 2015 | 5:20 AM ET
    What's charging lithium demand?

    Alejandro Garcia, CEO of IXE Group, talks about the company's interest in lithium production, quinoa, and whether electric cars will become mainstream.

  • The Future of Novo Banco Monday, 9 Mar 2015 | 5:00 AM ET
    The Future of Novo Banco

    Eduardo Stock da Cunha, CEO of Novo Banco, says that the company is very keen on making sure provision levels are correct.

  • Europe shares fall as ECB starts buying bonds Monday, 9 Mar 2015 | 5:34 AM ET

    *EDF dips again on worries over potential tie-up with Areva. PARIS, March 9- European shares fell on Monday, tracking a sell-off on Wall Street after strong U.S. jobs data fanned expectations that the Federal Reserve may raise interest rates sooner than previously thought. Greek banking shares were among the biggest losers, with Bank of Piraeus down 4.9 percent...

  • MELBOURNE, March 9- London copper bounced off early two-week lows on Monday after some Chinese banking stocks soared on hopes Beijing would grant more brokerage licences, which forced copper shorts to cover and offset the impact of gloomy Chinese imports and a strong dollar. Commodities were further unsettled by weak trade data out of top user China at the...

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