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Matthew Ponsonby has resigned as BNP Paribas's UK head of global banking, with the bank announcing that a successor will be appointed soon. Ponsonby, who joined in 2017, expressed pride in the achievements made during his tenure and is moving on to a "compelling opportunity" that remains undisclosed.
Alexis Kohler, President Emmanuel Macron's chief of staff since 2017, has been appointed executive vice president of Societe Generale, effective June 2025. He will oversee M&A, equity capital markets, and acquisition finance, while assisting CEO Slawomir Krupa with transformation initiatives. Kohler, known as Macron's closest adviser, previously faced a conflict of interest investigation that was dropped in 2019 due to a lack of evidence.
Northvolt's bankruptcy trustee has reported significant progress in negotiations to continue operations of the electric vehicle battery manufacturer, following its bankruptcy filing on March 12. The trustee emphasized the importance of maintaining certain operations to facilitate the potential sale of the business, with favorable conditions noted for selling as a battery cell producer.
French banking group Credit Mutuel Alliance Federale is acquiring German lender Oldenburgische Landesbank (OLB) for nearly 2 billion euros, a move that comes as OLB had been considering an IPO. This acquisition, the largest for Credit Mutuel since 2008, will create the 10th largest banking group in Germany by assets, enhancing Credit Mutuel's presence in Europe's largest economy. OLB's shareholders include Apollo Global Management and the Teacher Retirement System of Texas.
David Evans
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bnp paribas uk head of global banking resigns after successful tenure
13:50 28.03.2025
macron's chief of staff appointed executive vice president at societe generale
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08:00 28.03.2025
Northvolt bankruptcy trustee optimistic about business continuation and potential sale
20:55 21.03.2025
Credit Mutuel acquires Oldenburgische Landesbank in strategic expansion move
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Oldenburgische Landesbank AG
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David Evans
Stefan Bartholomaeus
Ludwig Burger
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07:06 20.03.2025
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