Carnival’s seasonally small fourth-quarter results were better than anticipated, but a still-weak global consumer is keeping pricing power tepid for…
Month: December 2012
Michelin reported EUR 5.4 billion in revenue for the third quarter (it only reports full financial results every six months),…
On Wednesday, Barclays announced that it had hired Hector Sants as head of the bank’s new compliance and government relations team, a position that had not previously existed.
Analysts were pleased with this news, as it may mean that Barclays is finally going to take compliance more seriously and, in doing so, will avoid the hefty regulatory fines and reputational damage that have plagued it in recent years. Sants certainly is qualified–he served as chief executive of the Financial Services Authority until June– and Barclays has set up a structure that should give him some real power.
In a move to retreat from the U.S. market, Aviva is selling its U.S. life and annuities business to Athene…