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SocGen is in need of a magic wand more than a new CEO

The clock is ticking for Frederic Oudea. After more than 11 years running Societe Generale SA, the French bank is searching for an eventual successor. A new leader may bring a change of course, but undoing the lender’s strategic missteps will require some fancy footwork. SocGen wants a replacement to succeed the 56-year-old Frenchman once his term expires in three ...

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The $680mn question of what the boss knew

Anil Ambani, the younger brother of Asia’s richest man, faces a $680 million legal test to answer one and only one question: Just what did he know about what his employees were doing on his behalf? Other Indian tycoons will take an abiding interest in his defense. The $680 million is the amount Industrial & Commercial Bank of China Ltd. ...

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A global anarchy revival could outdo the 1960s

India has exploded into protests against a citizenship law that explicitly discriminates against its 200 million-strong Muslim population. Narendra Modi’s Hindu nationalist government has responded with police firing on demonstrators and assaults on university campuses. The global wildfire of street protests, from Sudan to Chile, Lebanon to Hong Kong, has finally reached the country whose 1.3 billion population is mostly ...

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