The start of a trend ?
Here's a few interesting links to some Bloomberg, New York Post, New York Times and Reuters stories that are currently doing the rounds.
The Financial Times reports that a New York institutional investor is urging shareholders of Goldman Sachs to vote against the re-election of James Johnson, the company’s longest-serving director.
Aviva's European chief, Igal Mayer, and two other executives have fallen victim to a major shakeup at the insurer that will see the regional layer of its management structure stripped out.
From Westminster to the Square Mile, speculation is rife about who will be the next governor of the Bank of England, even though it is another 12 months before the Queen has to anoint a successor to Sir Mervyn King.
He ain't gonna go quietly.
This does look quite positive.
Bloomberg reports that the worst may be yet to come in the global financial crisis as the central bank spending that kept defaults low runs out, according to Deutsche Bank.
At least you can rest easy if you work for this firm.
New rules being rolled out to make bankers more accountable were "entirely reasonable" given the pain Britain suffered in the financial crisis, HSBC Chairman Douglas Flint said on Tuesday.
Australia & New Zealand Banking Group is interested in acquiring assets from Royal Bank of Scotland as the lender cuts back its operations in the Asia-Pacific region.
Chim Wai Kin, the chief credit officer who was Bank of China’s highest-paid executive, left his job amid pay cuts being imposed on senior managers at Chinese lenders, people with knowledge of the matter said.