In a recent interview with Bloomberg, outgoing Danske Bank CEO Jacob Aarup-Andersen spoke eloquently about his companies impressive financial returns at the beginning of 2018. Andersen, who is due to become the head of wealth management at the bank, confirmed that the firm has earned a net income of €4.9 billion during the first quarter, which was higher than the initial forecast and industry average.
There has been a growing appetite in the past decade for information by all sorts of businesses across the world. Acquiring more and more data about customers and clients has helped many companies create targeted marketing campaigns and use it to develop new products and services. However, with General Data Protection Regulation (GDPR) about to be implemented at the end of May 2018, businesses that use information to lead their innovation could face more barriers in the future.
When discussing the world of investment and venture capital, finance commentators have often asked: “where are the female investors?”. While men have traditionally occupied the top investor spots (and corresponding places on the board), women have been absent – or at least invisible.
Claire’s accessories has become the latest major retailer to succumb to debt, filing for bankruptcy in the US. The company will see a £1.3bn cash injection from lenders, and the retailer has been quick to stress that stores - including 378 in the UK - will remain open for now.