Lloyds Appoints Win Bischoff as Chairman
July 28, 2009
Lloyds will replace its chairman in September.
July 28, 2009
Lloyds will replace its chairman in September.
Obama Compensation 7
July 24, 2009 by Judy Warner
Feinberg will share his views on compensation at the Boardroom Leaders Forum on November 16.
July 24, 2009 by Judy Warner
Feinberg will share his views on compensation at the Boardroom Leaders Forum on November 16.
Citi Japan Suspended for Lax Compliance
June 26, 2009 by Joseph McCafferty
As a sanction for lax compliance to money laundering prevention standards, Japan’s financial regulator ordered Citigroup’s Japanese division, Citibank Japan, to suspend all sales activities in its retail banking division starting July 15.
June 26, 2009 by Joseph McCafferty
As a sanction for lax compliance to money laundering prevention standards, Japan’s financial regulator ordered Citigroup’s Japanese division, Citibank Japan, to suspend all sales activities in its retail banking division starting July 15.
Treasury’s Goal: Balanced Executive Pay
June 25, 2009 by Joseph McCafferty
The Treasury Department released a statement emphasizing the department and the Obama administration’s dedication to maintaining a balanced system of executive compensation at banks receiving taxpayer bailout funds.
June 25, 2009 by Joseph McCafferty
The Treasury Department released a statement emphasizing the department and the Obama administration’s dedication to maintaining a balanced system of executive compensation at banks receiving taxpayer bailout funds.
Citi Looks to Widespread Pay Kick
June 24, 2009
Citigroup announced yesterday its intentions to boost the base salaries of its employees at the expense of bonuses and other special payouts.
June 24, 2009
Citigroup announced yesterday its intentions to boost the base salaries of its employees at the expense of bonuses and other special payouts.
Asia Citigroup CEO to Jump to MasterCard
June 22, 2009 by Joseph McCafferty
Citigroup’s Asia-Pacific CEO Ajay Banga will be leaving the company to become Mastercard’s president and COO at the end of August.
June 22, 2009 by Joseph McCafferty
Citigroup’s Asia-Pacific CEO Ajay Banga will be leaving the company to become Mastercard’s president and COO at the end of August.
Catching Flak with Aplomb
June 9, 2009 by Elizabeth Mullen
During annual meetings, many directors are facing off against irate shareholders. Here’s how to handle them with grace.
June 9, 2009 by Elizabeth Mullen
During annual meetings, many directors are facing off against irate shareholders. Here’s how to handle them with grace.
FDIC Looking to Polish Citigroup Brass
June 5, 2009
The Federal Deposit Insurance Corp aims to make some substitutions among the upper echelon of managers at Citigroup, including the replacement of chief executive Vikram Pandit.
June 5, 2009
The Federal Deposit Insurance Corp aims to make some substitutions among the upper echelon of managers at Citigroup, including the replacement of chief executive Vikram Pandit.
FDIC Looking to Polish Citigroup Brass
June 5, 2009
The Federal Deposit Insurance Corp aims to make some substitutions among the upper echelon of managers at Citigroup, including the replacement of chief executive Vikram Pandit.
June 5, 2009
The Federal Deposit Insurance Corp aims to make some substitutions among the upper echelon of managers at Citigroup, including the replacement of chief executive Vikram Pandit.
Citi Cuts Severance for Former Execs
June 2, 2009 by Joseph McCafferty
About five former Citigroup executives have been informed that they will not in fact be receiving the severance packages promised.
June 2, 2009 by Joseph McCafferty
About five former Citigroup executives have been informed that they will not in fact be receiving the severance packages promised.
Citi Cuts Severance for Former Execs
June 2, 2009 by Joseph McCafferty
About five former Citigroup executives have been informed that they will not in fact be receiving the severance packages promised.
June 2, 2009 by Joseph McCafferty
About five former Citigroup executives have been informed that they will not in fact be receiving the severance packages promised.
Cisco, Travelers Replace Citi, GM on Dow
June 2, 2009 by Joseph McCafferty
Citigroup and General Motors were dropped from the Dow Jones Industrial Average.
June 2, 2009 by Joseph McCafferty
Citigroup and General Motors were dropped from the Dow Jones Industrial Average.
Director Liability on the Rise
June 1, 2009 by James L. Sanders
As the economy continues to falter due to the ongoing recession, officers and directors of public companies face the increasing possibility that their decisions will be challenged by investors, regulators, and even criminal prosecutors. This increased scrutiny makes it more important than ever that directors understand their obligations and potential liabilities.
June 1, 2009 by James L. Sanders
As the economy continues to falter due to the ongoing recession, officers and directors of public companies face the increasing possibility that their decisions will be challenged by investors, regulators, and even criminal prosecutors. This increased scrutiny makes it more important than ever that directors understand their obligations and potential liabilities.
AIG Sets Up IPO of Asian Unit
May 26, 2009 by Joseph McCafferty
American International Group (AIG) is moving ahead with its plan to coordinate an initial public offering of its Hong Kong-based life insurance unit.
May 26, 2009 by Joseph McCafferty
American International Group (AIG) is moving ahead with its plan to coordinate an initial public offering of its Hong Kong-based life insurance unit.
Search Begins for New Morgan Stanley CEO
May 15, 2009 by Joseph McCafferty
Morgan Stanley has begun the search for a new CEO to replace current leader John J. Mack, who will be turning 65 this year.
May 15, 2009 by Joseph McCafferty
Morgan Stanley has begun the search for a new CEO to replace current leader John J. Mack, who will be turning 65 this year.
GM Hires Spencer Stuart to Find Directors
May 11, 2009
General Motors has hired an executive-search firm to help find replacements for at least half of its 12 directors.
May 11, 2009
General Motors has hired an executive-search firm to help find replacements for at least half of its 12 directors.
Seven Banks Need at Least $65 Billion
May 7, 2009 by Joseph McCafferty
At least seven of the largest banks in the U.S. need at least $65 billion in capital to protect them should the economy worsen.
May 7, 2009 by Joseph McCafferty
At least seven of the largest banks in the U.S. need at least $65 billion in capital to protect them should the economy worsen.
Citigroup Seeks to Work Around TARP Rules
May 5, 2009
Citigroup may put more employees on commission or offer them larger base salaries as it tries to retain key staffers without violating laws limiting executive pay at banks that receive government bailouts.
May 5, 2009
Citigroup may put more employees on commission or offer them larger base salaries as it tries to retain key staffers without violating laws limiting executive pay at banks that receive government bailouts.
BofA and Citigroup in Capital Hunt
May 4, 2009
With the “threat” of additional government funding looming, Bank of America and Citigroup are on a do-or-die mission to raise significant amounts of capital rather than face additional federal ownership.
May 4, 2009
With the “threat” of additional government funding looming, Bank of America and Citigroup are on a do-or-die mission to raise significant amounts of capital rather than face additional federal ownership.
Citigroup Seeks Bonus Pay Out Approval
April 29, 2009 by Joseph McCafferty
Citigroup is asking the Treasury for permission to pay special bonuses to key employees.
April 29, 2009 by Joseph McCafferty
Citigroup is asking the Treasury for permission to pay special bonuses to key employees.