HALISTER1: Nigeria Makes Over $500m Cash Recoveries in Year Ending May 25

Nigeria Makes Over $500m Cash Recoveries in Year Ending May 25

(Bloomberg) -- Economic and Financial Crimes Commission, other govt agencies recover cash worth 78b naira, $185m, 3.5m pounds, Information and Culture Minister Lai Mohammed says in e-mailed statement.
  • Funds under interim forfeiture, frozen total 205b naira, $9.28b, 6m pounds, Mohammed says, citing interim report on Financial and Asset Recoveries by Nigerian govt
  • Funds to be recovered from other jurisdictions including Switzerland amount to $321 million, 7m pounds
  • NOTE: April 27, Nigeria Asks World Bank to Help Hasten Return of Stolen Loot Link
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Lai Mohammed (All Progressives Congress)

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UUID: 7947283

HALISTER: Bayer May Have to Sell Units After Monsanto Deal, FAZ Says

Bayer May Have to Sell Units After Monsanto Deal, FAZ Says

(Bloomberg) -- Co. doesn’t rule out potential anti-trust issues that would require a sale of small divisions, Bayer’s head of crop science Liam Condon says in interview with Frankfurter Allgemeine Zeitung.
  • Bayer and Monsanto’s product pipelines, regional distribution are “highly complementary”
  • NOTE: Monsanto Bid Shows Courage Bayer Chairman Sees as Key to Success
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BAYN GR (Bayer AG)
MON US (Monsanto Co)

People
Liam Condon (Bayer AG)

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UUID: 7947283

HALISTER: Penati Disapproves of UniCredit CEO Replacement Strategy: Stampa

Penati Disapproves of UniCredit CEO Replacement Strategy: Stampa

(Bloomberg) -- Quaestio Capital Management President Alessandro Penati says UniCredit shareholders “should go home” after the decision to dismiss CEO Federico Ghizzoni without a candidate ready to replace him, La Stampa reports him saying in Trento, Italy.
  • NOTE: Penati says NPL benchmark operation will take place by July
  • NOTE: Quaestio runs Italian bank rescue fund Atlante
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
UCG IM (UniCredit SpA)

People
Federico Ghizzoni (UniCredit SpA)
Alessandro Penati (Quaestio Capital Management SGR SpA Unipersonale/IT)

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UUID: 7947283

HALISTER: DeNunzio Said Joining Wells Fargo as Global Head of M&A

DeNunzio Said Joining Wells Fargo as Global Head of M&A

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
WFC US (Wells Fargo & Co)
CSGN VX (Credit Suisse Group AG)

People
David Denunzio (Credit Suisse Holdings USA Inc)
Sam Farnham (Wells Fargo & Co)
Timothy Sloan (Wells Fargo & Co)

Topics
Who's News - People

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UUID: 7947283