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ABN Amro names PwC’s former Dutch chairman as new CEO
AMSTERDAM (Reuters) – ABN Amro <ABNd.AS> said on Thursday that Robert Swaak, a former chairman of accounting firm PwC in the Netherlands, is to succeed Kees van Dijkhuizen as the Dutch bank’s chief executive. Swaak will take over from Van Dijkhuizen at the company’s annual meeting April 22, pending regulatory and shareholder approval, the bank […]
Swiss anti-viral ban on large events hits Geneva car show head-on
By Michael Shields ZURICH (Reuters) – Switzerland on Friday banned large events expected to draw more than 1,000 people in a drive to curb the new coronavirus epidemic, prompting cancellation of the Geneva car show and grumbling from businesses watching demand vanish. The move aimed to avoid throngs in confined places like concert halls, sports […]
Wobbly U.S. fiscal response could deepen coronavirus recession
By Howard Schneider and David Lawder WASHINGTON (Reuters) – The U.S. government’s massive effort to nurse the economy through the coronavirus crisis was billed as a send-money-and-don’t-sweat-the-details flood of cash to people and businesses in a $22 trillion system that has ground to a halt. So far, the checks are not in the mail. From […]