UniCredit unit Bank Austria Chief Executive Willibald Cernko addresses a news conference in Vienna, Austria, August 6, 2015. REUTERS/Heinz-Peter Bader VIENNA (Reuters) – Italian lender UniCredit will replace the head of its Austrian business in March to drive forward the restructuring of the operation’s struggling retail business. Robert Zadrazil, 45, will replace 59-year-old CEO Willibald…
News 18 January 2016by Rebecca Buchan Calum Melville An Aberdeen businessman who was once one of Scotlands richest men has been declared bankrupt but insists he is still living a life of luxury in the sun. Calum Melville flitted his life to Dubai two years ago, taking his business with him and leaving a trail…
Jan. 18, 2016 12:21 a.m. ET SYDNEY Clive Palmers resources bets helped to underpin an empire that ranged from animated dinosaur parks to a political party that held the balance of power in Australias upper house. Now, the entrepreneurs wealth is being squeezed by the downturn in commodity prices. On Monday, Mr. Palmer lost control…
A Bentley and other European cars belonging to the Robertsons’ are among assets frozen until Decemeber. Photo / Getty A gold and currency trading firm which authorities worried was a fraud has been put into liquidation. PTT, or Prosper Through Trading, has been in the hands of receivers since August after the Financial Markets Authority…