Edward I. Koch, the outspoken three- term New York mayor who led the biggest U.S. city from the brink of bankruptcy in the late 1970s and boosted the spirits of crime-weary residents, has died. He was 88.
In The AIG Story, the company's long-term CEO Hank Greenberg (1967 to 2005) and GW professor and corporate governance expert Lawrence Cunningham chronicle the origins of the company and its relentless pioneering of open markets everywhere in the world.
Under the spotlight is Irv Rothman, President and CEO of HP Financial Services, and author of 'Out-Executing the Competition: Building and Growing a Financial Services Company in Any Economy'.
'These are not particularly impressive individuals'.
Barclays is said to be being investigated over allegations that it lent Qatar money to invest in itself during the financial crisis, so avoiding a government bail-out.
Morgan Stanley said Chief Executive James Gorman will receive a base salary of $1.5 million in 2013, nearly double the $800,000 he received last year.
Nomura has said it expects its investment banking operations to recover this year as the country’s stock rally prompts companies to tap capital markets.
The German banking giant said Thursday that its capital ratio improved by more than projected. So how did this happen? By changing the numbers on the banks spreadsheets, mostly.
Another day, another social media bug. Another three to be exact.
As the triple-dip recession hits, major stores have embarked on a jobs massacre. Jessops, Blockbuster and HMV have collapsed, placing thousands of jobs at risk.
They seek him here, they seek him there … the former HSBC gaffer, Lord Green of Hurstpierpoint, might be described as the scarlet pimpernel of banking.
The numbers are mind-boggling.
With its shuttered banks, furious public protests and iconoclastic politicians, the plight of Greece, brought to its knees by a crippling debt burden, has been gripping and heartbreaking in equal measure: a full-blown sovereign debt crisis on the doorstep of some of the wealthiest countries in the world.