Several major banks in Europe have seen changes in top management recently, in what experts suggest will be a new era for the region's finance industry.
is also reportedly looking at a new chief executive officer to replace Jes Staley at the end of next year, according to the Financial Times. Barclays did not want to comment on the report when contacted by CNBC Monday.
"The recent CEO movement trend is perpetuated by a mini-bank sector cycle coming to a close," Tom Kinmonth, senior fixed income strategist at ABN AMRO, told CNBC via email Monday. European banks have struggled since the global financial crisis of 2008 and the subsequent sovereign debt crisis in the euro zone. Regulators have demanded higher capital requirements, economic growth has stalled and the has embarked on negative interest rates. As a result, some lenders have frozen bonuses, slashed their workforce and shifted their operations.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Disney+ Launches Annual Subscription Discount Offer in Europe Before LaunchIn the U.K., for example, the 'introductory price' of £49.99 ($64.57) compares with the regular price of £59.99 and is available until March 23, the day before the streaming service launches in big European markets.
Consulte Mais informação »
Disney Plus Launches Plan Discounts in U.K., Europe Ahead of March DebutDisney, looking to lock in Disney Plus customers in the U.K. and European markets prior to its official launch next month, is offering 14%-17% discounts on the streaming service — if users si…
Consulte Mais informação »
Coronavirus updates: 5 dead and 200 infected in Italy as Europe braces for COVID-19As new hotspots arise in South Korea, Italy and Iran, here is the latest for Monday, Feb. 24.
Consulte Mais informação »
5 of the best places in Europe to enjoy drinks with a viewForget cramped bars and sticky floors – drink in these glorious vistas instead
Consulte Mais informação »
Ousted WeWork CEO Adam Neumann selling NYC penthouse for $37.5 million—look insideThe much maligned co-founder and ex-CEO of WeWork, Adam Neumann, is selling his six-bedroom New York City apartment for $37.5 million. The 7,880 square-foot penthouse has three floors and a roof deck.
Consulte Mais informação »