Isabelle Chevelard becomes CEO of Targobank

… Isabelle Chevelard is the new CEO of Targobank? The previous supervisory board member and HR director of the parent company Crédit Mutuel, who previously worked for BNP Paribas for a long time, will succeed Pascal Laugel. The French cooperative bank Crédit Mutuel bought the former Citibank in 2008 and renamed it Targobank.

… another large French cooperative bank, Crédit Agricole, is expanding in Italy? But instead of taking over Banco BMP, as planned in October, Crédit Agricole has now reached an agreement with Credito Valtellinese (Creval). Crédit Agricole pays 737 million euros for Creval, the sixth largest commercial bank in Italy.

… Alexander Höptner, head of the Stuttgart Stock Exchange, is leaving the company at the end of the year with an as yet unknown goal and despite the contract that has only been extended this year?

… Nicole Jürgensen, who worked for Commerzbank for a long time and after a short detour to Degussa Bank now for the cooperative Münchener Hypothekenbank, where she is expanding the lending business as Head of Commercial Real Estate Financing, Direct Customers International?

… the former MEP Peter Simon (SPD) will initially work alongside Chris De Noose from January 1, 2021, and then as sole managing director of the European Savings Banks Association and the World Institute of Savings Banks from 2022?

… the state of Lower Saxony will increase its participation quota of 53 percent in the Nord LB, which was supported last year and is still making a loss this year?


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