EghtesadOnline: Iran Insurance Company, the largest and the only state-owned insurance company in Iran, is planning to increase its capital to 110 trillion rials ($817 million) before the current fiscal year ends in March, the company CEO said.
EghtesadOnline: Credit Suisse CEO Tidjane Thiam says he is resigning after nearly five years on the job, acknowledging that a spying scandal caused “anxiety and hurt” and tarnished the reputation of the top-drawer Swiss bank.
EghtesadOnline: The CEO of central rural cooperative organization announced revival and reconstruction of Iranian rural cooperation fund, due to financial support and in response to repeated request of many farmers and also producers resident of villages and along with removing the obstacles encountering them and providing necessary facility in procedure of enjoying low interest in order to provide raw material, the Iranian rural cooperative fund was formed according to "decision date 11/3/1325" of the cabinet.
EghtesadOnline: Alphabet Inc’s newly instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant.
EghtesadOnline: During a ceremony held on Saturday, Mehdi Akhavan Behabadi was introduced as the new CEO of Mobile Telecommunications Company of Iran.
EghtesadOnline: The CEO of Bank Sepah -- the state-owned lender with which five military banks are merging -- says the number of branches of merged banks will be cut by 10%.
EghtesadOnline: The CEOs of two major firms active in Iran’s tech and telecom sectors have been replaced over the past few days.
EghtesadOnline: Iran Khodro’s (IKCO) Board of Directors appointed Deputy Industries Minister Farshad Moqimi, 43, as the automaker’s new CEO.
EghtesadOnline: CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-making.
EghtesadOnline: HSBC ousted John Flint as chief executive after just 18 months in a shock move the chairman of Europe’s biggest bank said was needed to speed up progress on priority areas such as the turnaround of its US business.