Sexual harassment accuser claimed she protected ‘overboarded’ Pityana
‘I protected Pityana’s job’
BlackRock
South Africa must approach its energy transition pragmatically
A sensible climate policy must balance the imperative of decarbonisation, socioeconomic policy and security of supply considerations
Asset manager culls coal
South African giants in the firing line as investor decides to drop carbon-heavy companies
No image available
UBS to slash 5 500 jobs as it sells down subprime
UBS will cut 5 500 jobs in one the biggest purges seen so far in the financial markets crisis, as the Swiss wealth-management titan slashes at the investment bank that plunged it into turmoil. UBS also said it has a preliminary deal with United States asset manager BlackRock to sell a -billion portfolio of subprime mortgages.
No image available
‘Retirement’ of Merrill chief causes jitters
Merrill Lynch parted company on Tuesdya with its chief executive, Stan O’Neal, leaving the investment bank’s leadership in a state of limbo and prompting unease on Wall Street. After days of speculation, Merrill announced that O’Neal (56) had decided to retire with immediate effect.
No image available
Merrill Lynch board weighs fate of CEO
As Merrill Lynch’s board deliberates the fate of chairperson and chief executive Stan O’Neal, a leading contender for the job on Sunday said he is not aware of being a candidate. Meanwhile, Merrill’s board has reached a broad consensus to remove O’Neal as chairperson and CEO, the New York Times reported on Sunday.
