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    Wochit Headline News

    by Wochit Headline News

    Jeffrey Katzenberg, CEO of Dreamworks Animation, will deliver the keynote address at Licensing Expo 2014. Charles Riotto, president of the International Licensing Industry Merchandisers Association, which sponsors the annual event said, “As the leader of one of the most successful and trendsetting entertainment companies and licensors in the world, Jeffrey Katzenberg will provide attendees with his valuable insights into the future of the media and entertainment industries and the licensing business that is sure to resonate with all those in attendance, during the upcoming show and beyond.” This year's show takes place June 17 in Las Vegas.
    Royal Bank of Scotland said on Tuesday it had appointed Les Matheson as head of its retail bank, filling one of two key appointments that new Chief Executive Ross McEwan must make as he re-shapes his board. Matheson has run the retail bank since last September on an interim basis, after stepping into the role when McEwan was appointed successor to Stephen Hester as CEO. The bank is also looking for a new finance director after Nathan Bostock announced his intention to quit after just 10 weeks in the job to take up a role with rival Santander UK.
    Global stocks remained firm Tuesday if slightly down from earlier highs as the new Federal Reserve chief Janet Yellen indicated she was fully behind the stimulus withdrawal started by her predecessor. The policymaking Federal Open Market Committee decided last December to start "tapering" its stimulus and has already backed two $10 billion reductions. In her prepared remarks to lawmakers, she also appeared to downplay concerns that the turmoil in emerging markets will dampen down on global growth or adversely affect the U.S. economic recovery. In Europe, Britain's FTSE 100 rose 0.7 percent to 6,637.63 and Germany's DAX gained 1.3 percent to 9,414.20.