The bank also announced that it would post a net loss of nearly 2.9 billion euros for 2020, compared with a profit of 585 million euros a year earlier.
Knof, who made public the plan's outline last week, has been discussing details with the supervisory board and management over the past few days.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ArcelorMittal plans $1-billion cost cuts under new CEOAditya Mittal will take over as CEO from his father Lakshmi, who will become executive chairman. Cost-cutting measures include reducing office staff by 20%.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Working from home 'doesn't work for those who want to hustle' – JPMorgan CEOJPMorgan CEO Jamie Dimon wants employees back in the office a few days a week starting May 17 to reacclimate themselves to the workplace. Good luck with that outdated mindset Narrow thinking Ok boomer. Watch your talent leave.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Huawei CEO hopes for 'open policy' from Biden administration – The Manila TimesTAIYUAN: The CEO and founder of Chinese telecom giant Huawei called on Tuesday for an open approach from new US President Joe Biden, after the firm was battered by sanctions imposed by Donald Trump's administration.
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Intel to spend $20 billion on US chip plants as CEO challenges Asia dominanceThe strategy will directly challenge the two other companies in the world that can make the most advanced chips, Taiwan's Semiconductor Manufacturing Co Ltd (TSMC) and Korea's Samsung Electronics Co Ltd.
Source: ANCALERTS - 🏆 26. / 50 Read more »
MVP to cede PLDT CEO post; Panlilio to take overPLDT Inc. chief revenue officer Al Panlilio will become the company’s next CEO as it declared newfound dominance in the local telecommunications industry. This was announced by businessman Manuel V. Pangilinan, who will cede the CEO post that he has occupied for the past five years. ADVERTISEMENT Pangilinan said the transition would be formalized during […]
Source: inquirerdotnet - 🏆 3. / 86 Read more »