The U.K. Financial Conduct Authority fined Citigroup Global Markets $35.3 million after failings in the group’s systems and controls led to $1.4 billion of equities being sold in error.
The U.K. retailer booked an annual pretax profit of $855 million, below analysts’ forecasts, but said it was confident it would make further progress in 2024-25 and beyond.
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.
Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.
It’s a $2 trillion company today. It wouldn’t exist without someone known as Irimajiri-san.
CEO Richard Dickson is trying to make the clothing company cool again—one hoodie at a time.