Corporate Finance & Capital
After Wells Fargo forced two senior executives to pay back $75 million in compensation, other companies are rethinking clawback clauses—which experts say are effective governance mechanism.
Alipay is partnering with banks around the world to provide its Chinese customers with seamless service at their preferred tourist destinations, with Italy’s UniCredit Bank following France’s BNP Paribas and Barclays in the UK.
Facing increasing competition from Amazon and Alibaba, India’s Flipkart ecommerce platform has turned to Microsoft, Tencent and eBay for financial, technical and market support.
UK regulators are probing the behavior of Barclays CEO Jes Staley for his efforts to unmask a whistleblower, raising issues of confidentiality, liability, culture and honesty throughout the banking industry.