Lehman to name CEO for Europe; bank seeks to boost regional revenue

Article Abstract:

Lehman Brothers plans today to name former options trader, Jeremy Isaacs, as its new chief executive for Europe, beginning the implementation of aggressive plans for the region, targeted at doubling revenue within three years. Isaacs will replace current chairman and CEO Bruce Lakefield, who will soon retire. Isaacs is taking the position at a time when the investment bank is beginning to seriously penetrate the region, in part because of its role as advisor to Olivetti SpA in its takeover of Telecom Italia SpA.

Investment Banking and Securities Dealing, Investment Banking, Investment banks, Shearson Lehman Brothers Inc. Lehman Brothers Div., Isaacs, Jeremy, Lakefield, Bruce

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Wal-Mart's Asda says CEO to head Europe expansion

Article Abstract:

Article discussing the announcement made by Wal-Mart Stores Inc.-owned Asda that its Chief Executive Allan Leighton will take control of the supermarket retailer's growing operations in Europe. Wal-Mart, which has mentioned its strategy of expanding in France, the third-largest market in Europe, currently owns 95 former Wertkauf and Interspar stores in Germany and 231 Asda stores in the U.K.

United Kingdom, Strategy & planning, France, Supermarkets and Other Grocery (except Convenience) Stores, Supermarket Chains, All Other Specialty Food Stores, Discount Stores, Wal-Mart Stores Inc., Brief Article, Supermarkets, Leighton, Allan, ASDA Group Ltd.

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Bertelsmann's ex-CEO joins Investcorp's European business

Article Abstract:

Investcorp has named Thomas Middelhoff as its new European corporate investment business head. Middelhoff is the former chief executive of Bertelsmann AG.

Private equity, Investcorp Bank B.S.C.

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