Paribas executive leaves job in wake of takeover fight

Article Abstract:

Philippe Wahl has departed Paribas SA as a senior manager and has joined Caisse Nationale des Caisses d'Epargne as its director-general. The departure of Mr. Wahl represents yet another loss for the bank in its executive levels. Paribas was recently engaged in a takeover battle with Societe Generale SA and Banque Nationale de Paris SA. Mr. Wahl was a major presence on Paribas's board of directors.

Commercial Banks, Commercial Banking, Paribas S.A., Wahl, Philippe

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For Julius Baer's next chairman, continuity is name of the game

Article Abstract:

The Julius Baer Group is expected to name Raymond Baer as its new chairman. Baer is replacing his uncle, Thomas Baer, in the post. Raymond Baer is assuming control of the group as Switzerland's banking industry operates through its worst crisis since World War II.

Switzerland, Baer, Raymond, Julius Baer Group

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Credit Lyonnais head says he will resign

Article Abstract:

Credit Lyonnais's chairman, Jean Peyrelevade, said he is stepping down from his post. Peyrelevade said he would leave his post once a settlement in the Executive Life case has been agreed on.

Credit Lyonnais

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