corporate strategy

Commerzbank CEO signals exit if no deal with UniCredit’s Orcel

Commerzbank CEO Bettina Orlopp said on Wednesday that she is unlikely to remain at the helm of Germany's second-largest private bank if she cannot reach strategic alignment with UniCredit CEO Andrea Orcel, who is on the verge of taking control…

BP CEO says company should stop calling itself a supermajor

BP on Tuesday reported second-quarter profit of $5.7 billion, more than doubling from year-ago levels, as elevated oil prices driven by the Middle East conflict delivered a windfall to the British energy company. But even as cash poured in, CEO…