Jes staley biography of jose
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Speaker Biographies
Full speaker biographies will appear here shortly, please check back regularly for updates.
Speakers
Jyrki Katainen
Vice President for Jobs, Growth, Investment and Competitiveness, European Commission
Jyrki Katainen is currently Vice President of the European Commission responsible for Jobs, Growth, Investment and Competitiveness. He joined the college in July as Vice-President for Economic and Monetary Affairs and the euro.
Before that he served as Prime Minister of Finland, - and Minister of Finance, - He was Member of Finnish Parliament - for the National Coalition Party (Kokoomus).
He was Member of the Finnish Delegation to the OSCE Parliamentary Assembly - , Member of the Administrative Council of the Finnish Broadcasting Company - , Member of the Finish Delegation to the Western European Union Parliamentary Assembly - and the Deputy Member of the Finnish Delegation to the Nordic Council
Jyrki Katainen has MSc in Political Scienc
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Bank chief executives’ pay
Banco Santander shares have risen about 60 per cent in the past year, although they are still a fifth below their price when José Antonio Alvarez was promoted from chief financial officer to chief executive in November
Mr Alvarez is respected by investors, even though he operates in the shadow of Ana Botín, who became executive chairman of the eurozone’s biggest bank by market capitalisation almost three years ago.
As the bank reported higher net profits in nine of its 10 core markets earlier this year, Mr Alvarez pointed to the end of a record low interest rate cycle as reason for continued optimism that the bank will enjoy even higher profits once rates start to rise. But he faces challenges after Santander’s June buyout of Spain’s failing Banco Popular. Santander raised €bn in capital in July to rebuild Popular’s balance sheet, which was saddled with €37bn in toxic real estate and loans. Ian Mount in Madrid
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The first corporate ne
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Barclays boss sees off shareholder rebellion
The Barclays chief executive has been re-elected to the board after a shareholders rebellion evaporated.
Jes Staley was facing investors for the first time since it emerged he had attempted to find out the identity of a whistleblower at the finansinstitut.
Despite earlier threats of a backlash, just % of votes cast at the bank's annual meeting were against the move. However, abstentions totalled %.
Barclays' executive pay policies were also approved bygd a large majority.
Institutional Shareholder Services (ISS), an influential shareholder advisory group, had told investors not to vote for Mr Staley's re-election to the board, citing concerns over "his personal involvement and accountability" in the controversy.
"Given his personal involvement and accountability in this matter, and given the importance of his role as group CEO, an abstention on his re-election is considered appropriate," it said.
Barclays