The Week

City profiles

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Carlos Ghosn

He might be holed up in Lebanon after jumping bail in Japan, but Carlos Ghosn, is still in the cross-hairs of his former employer, said BBC Business News. Nissan has filed a $90m civil lawsuit against its former chairman to claw back “monetary damages”. And even that might not be the end of it. The Japanese carmaker is also contemplat­ing suing Ghosn for defamation after he blamed “a handful of unscrupulo­us, vindictive individual­s” for his “unimaginab­le ordeal”. Ghosn’s daring escape has “Hollywood movie” written all over it, said The Times. And he’s found a powerful new partner in Michael Ovitz – co-founder of the Creative Artists Agency and a former Disney president. The pair are reportedly exploring potentiall­y lucrative “film and TV projects”. The cash could come in handy.

Alison Rose

After making history by becoming “the first female boss at a major high street lender”, Alison Rose will be hoping to make her mark at Royal Bank of Scotland by unveiling a “fresh strategy” for the 293-year-old bank, said The Observer. RBS is still 62.4% owned by the British taxpayer following its £45.5bn state bailout in 2008 – but fortunatel­y, the worst looks behind it. The bank was expected to report its “third consecutiv­e year of profit” this week. Not a bad springboar­d. Some reckon that “if Rose plays her cards right”, she could preside over “the closest thing to a golden age since the 2008 crash”. But there’s a long way to go. The bank’s shares are still trading at “less than half the 502p per share” that the government paid for its stake.

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