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Commerzbank Chairman and CEO Bow Out to Give Lender a Fresh Start

The 150-year-old lender has struggled this year, reporting a first-quarter loss, halting its 2019 dividend plans, backtracking on the sale of its Polish unit mBank , and losing a ... read more

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Commerzbank’s CEO and Chairman to Resign Amid Pressure From Activist Cerberus

The second-largest German lender is in the midst of a deep overhaul but solid financial performance remains elusive. read more

Luckin Coffee Board Fails in an Attempt to Remove Chairman

Charles Zhengyao Lu is keeping his job at Luckin Coffee (OTC:LKNC.Y), the company announced in a regulatory document filed after market hours on Thursday. Its board of directors held a meeting to ... read more

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CEO of ailing Commerzbank offers to resign, chairman quits

Germany's ailing Commerzbank says its chief executive, Martin Zielke, has offered his resignation and its chairman has announced he's stepping down next month. In a statement Friday after market ... read more

Commerzbank’s CEO and chairman quits as activist investor mounts pressure

Germany’s second-largest lender Commerzbank said Friday that its chief executive and chairman have submitted their resignations, as the bank faces pressure from shareholder Cerberus Capital Management ... read more

Germany: Commerzbank CEO tenders resignation as chairman quits

Both the CEO and the chairman of Germany's troubled Commerzbank have announced they will resign, as the company confirms branch and job losses. All eyes are on German financial regulation following ... read more

Commerzbank chairman and CEO head for the exit

Commerzbank's (OTCPK:CRZBF) chairman and CEO both resign from Germany's second-largest lender, as shareholder Cerberus Capital Management continues to pressure the bank to take bold actions to address ... read more

Horseed SC chairman hails Stadium Mogadishu’s re-opening match win as a noteworthy achievement

Horseed Sports Club, made a remarkable history after winning the first match played at Stadium Mogadishu in 16 years, with the club’s chairman, Colonel Ahmed Mohamed, saying that the 2-1 victory over ... read more

Milwaukee Fire and Police Commission chairman appears to have used position to benefit developer accused of sexual assault

Milwaukee Fire and Police Commission Steven DeVougas also lied about his legal representation of powerful real estate developer, investigation finds. read more

Murphy-Wall State Bank directors elects Bigham as chairman, Crawford as director

Wall State Bank and Trust Company announced this past week that Matthew D. Bigham has been elected as chairman of the board and Brian J. Crawford as ... read more

Ajimobi Takes Over As APC National Chairman

The National Working Committee (NWC) of the All Progressives Congress (APC) last night settled for its deputy national chairman (South) and former Oyo State governor, Senator Abiola Ajimobi ... read more

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