Dr Matthias Leclerc has been appointed chief operating officer of the global financial markets business unit at WestLB, the German bank.

He will take up his role on December 1. Leclerc will be responsible for IT, business management and control, capital utilisation and credit and legal documentation.

Leclerc appointed chief operating officer at WestLB

Heather McKenzie

Siemens

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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