Gilt Groupe Inc. just announced its acquisition of one of Groupon Inc.'s biggest competitors, BuyWithMe. In this video, Gilt Groupe CEO Kevin Ryan discusses the e-commerce site's acquisition strategy and shares his views on Groupon's upcoming IPO. For more on Gilt, see "Susan Lyne urges Martha Stewart to go private." -Katie Roof
In June, Bill Winters will replace Peter Sands as CEO of Standard Chartered, which has been under pressure, including from 18% shareholder Temasek Holdings Pte. Ltd. For other updates launch today's Movers & shakers slideshow.