(Reuters) – BNP Paribas said on Thursday it has appointed José Placido as chief executive officer of its U.S. operations, effective April 1. José will assume the role of CEO of BNP Paribas USA and will oversee all U.S.-business activities while retaining in the role of CIB Americas’ executive chief, the Paris-based bank said. The biggest…
(Reuters) – Wells Fargo has named Saul Van Beurden as the chief executive officer of its consumer and small business banking (CSBB) unit, effective May 15, it said on Thursday. Van Beurden will continue to report to the bank’s CEO Charlie Scharf. A former JPMorgan Chase executive, Van Beurden joined Wells Fargo in 2019 and…
WASHINGTON (Reuters) – An Air National Guardsman suspected of leaking highly classified U.S. documents will be arrested on Thursday in Massachusetts, a source familiar with the situation told Reuters. The source, who spoke on condition of anonymity, did not elaborate. The FBI did not immediately respond to a request for comment on developments in the…
BEIJING (Reuters) – China’s Foreign Ministry on Thursday sanctioned U.S. Representative Michael McCaul, chairman of the House of Representatives Foreign Affairs Committee, for visiting Taiwan, saying he had sent a “serious wrong signal to Taiwan independence separatist forces.” China views democratically governed Taiwan as its own territory and strongly objects to all high-level engagements between…
LONDON (Reuters) – British finance minister Jeremy Hunt said on Thursday there was no room for complacency in tackling low growth and high inflation after data showed the economy stagnated in February, hurt by strikes among public workers. “The growth numbers show there is absolutely no room for complacency. Inflation is higher than we want,…
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Thursday said it referred 17 unruly passengers to the FBI for criminal investigation this year, taking the total of such referrals for violent and threatening incidents onboard planes to more than 250 since late 2021. Last month, a bipartisan group of lawmakers made…
By Terje Solsvik and Nerijus Adomaitis OSLO (Reuters) – Norway is expelling 15 Russian embassy officials that the foreign ministry said on Thursday were intelligence officers operating under the cover of diplomatic positions, the latest such expulsion by a Western nation since Moscow invaded Ukraine. The Russian embassy in Oslo told Reuters Norway’s decision was…
By Erwin Seba HOUSTON (Reuters) -A slightly below-average 2023 Atlantic hurricane season lies ahead with an El Nino weather phenomenon damping the storm outlook, a top U.S. hurricane forecaster said on Thursday. El Nino, a weather system that forms from warm ocean surface temperatures in the central and eastern Pacific, increases vertical wind shear, lessening…
By Stephen Nellis (Reuters) – Amazon.com Inc’s cloud computing division on Thursday released a suite of technologies aimed at helping other companies develop their own chatbots and image-generation services backed by artificial intelligence. Microsoft Corp and Alphabet Inc are adding AI chatbots to consumer products like their search engines, but they are also eying another…
By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian officials are offering fresh incentives including land for Chinese manufacturer BYD to build an electric car plant in Bahia state amid stalled talks to take over a closed Ford plant, said three people familiar with discussions in Shanghai on Thursday. Brazilian President Luiz Inacio Lula da Silva met…
