Chief Financial Correspondent, Italy, Milan
Lisa's Feed
Mar 26, 2015

Outbound Chinese buyers confounding the doubters

HONG KONG, March 27 (Reuters) – ChemChina, which could soon
face the task of integrating Italian tyre-maker Pirelli
after its $7.7 billion bid, can take heart in the
knowledge that Chinese buyers have made a decent fist of growing
global brands in recent years.

Backed by cheap funding and a huge home market, an army of
mostly state-owned Chinese companies has marched beyond its
borders, snapping up assets in a decade-long $391 billion
shopping spree.

Mar 12, 2015

New Credit Suisse boss faces stiff challenge in Asia

HONG KONG/LONDON (Reuters) – Incoming Credit Suisse boss Tidjane Thiam is expected to focus on private banking in Asia while aggressively cutting jobs at its investment bank, as he aims to repeat the success in the region of his old employer, Prudential.

Thiam could slash 3,000 jobs from Credit Suisse’s investment bank, or 15 percent of staff globally, and cut 150 billion Swiss francs ($149 billion) of assets from the bank’s fixed income, commodities and currencies business as part of that shift, analysts at JPMorgan said.

Mar 10, 2015

Credit Suisse to replace long-standing CEO Dougan: sources

ZURICH/HONG KONG (Reuters) – Long-standing Credit Suisse boss Brady Dougan is set to quit as chief executive of the Swiss bank as soon as Tuesday and will be replaced by Prudential head Tidjane Thiam, people familiar with the moves told Reuters.

Thiam, a former Ivory Coast government minister who has led Prudential since 2007, will become one of the few top insurance executives to transition into banking when he takes charge of Zurich-based Credit Suisse, a global lender reeling from U.S. penalties and under increasing regulatory scrutiny.

Feb 9, 2015
Feb 9, 2015
Feb 7, 2015
Feb 4, 2015
Feb 4, 2015
    • About Lisa

      "I have been a correspondent for 13 years, reporting on banks, financial regulation and EU politics from London, Brussels, Zurich and Milan. I have also written about a variety of business sectors, general news, the arts and sport. As Chief Financial Correspondent for Italy, I keep a close eye on top Italian business stories, particularly Fiat and banking."
      Joined Reuters:
      English, Italian, French, German, Dutch, Spanish
      2010 Reuters Star Performer Award
    • More from Lisa

    • Contact Lisa

    • Follow Lisa