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Danske CEO: ‘Email me’ as bank breaks with old norms

Bloomberg The new chief executive officer of Danske Bank A/S says he wants anyone with good ideas about how to run his firm to contact him. About 1 1/2 years after Danske was slammed by its financial regulator for having a culture that discouraged staff from speaking up, the bank is embracing transparency. Chris Vogelzang, a former ABN Amro banker ...

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Khazanah hires Morgan Stanley for Malaysia Airlines strategy

Bloomberg Khazanah Nasional Bhd has hired Morgan Stanley to explore strategic options for Malaysia Airlines Bhd, the nation’s loss-making flagship carrier, according to people familiar with the matter. The investment bank will be responsible for looking at options for the airline, including a potential stake sale, said the people who asked not to be named as the discussions are private. ...

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Catalyst offers to buy Hudson’s Bay shares to block takeover bid

Bloomberg Private equity firm Catalyst Capital Group Inc is offering to purchase up to C$150 million ($114 million) worth of shares of Hudson’s Bay Co as it builds a stake in the Canadian retailer in an effort to thwart a proposed takeover of the company. The Toronto-based firm said in a statementit was prepared to pay C$10.11 per share in ...

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