It was interesting to read 'I've Had My Best Year, But I Don't Care About A Bonus'. On the face of it, the trader concerned sounds quite a pragmatic, good natured kind of guy. But, look at it more deeply, and you can see all the old greedy, grasping habits still simmering under the surface.
Timothy Franz Geithner, born August 18, 1961, has been nominated by President-elect Barack Obama to succeed Henry Paulson as the next US Secretary of the Treasury.
Roger Jenkins is Chief Executive of Barclays Private Equity, Principal Investments and Structured Capital Markets at Barclays Capital, and executive Chairman of Barclays Investment Banking & Investment Management, Middle East. And some say that this man could be highest-paid investment banker in the world.
The Wall Street Journal reports that Morgan Stanley was on the 'brink of failure' just two days after the fall of Lehman Brothers in September, after false rumors were circulating that Deutsche Bank had pulled a $25bn credit line.
The following is the text of the term sheet detailing the agreement reached on Sunday between the U.S. government and Citigroup Inc.
Citi took out a series of advertisements around the US over the weekend, designed to reassure customers, investors and staff.
President-elect Barack Obama announced Saturday a bold initiative to save or create 2.5 million US jobs in the next two years.
'I made my firm tens of millions this year, but I don't care about a bonus payout.
The Financial Times reports that Deutsche Bank CEO Josef Ackermann has written to senior staff advising them that he is conducting a strategic review of the bank's operations in a bid to boost profits and Deutsche's falling stock price.
Speculation mounts about the future of Citigroup and, despite the determination of CEO Vikram Pandit to go it alone, some say that he is no longer the master of his own destiny, as the likes of Morgan Stanley and Goldman Sachs may be mulling a bid.
Sad to report the early death of a much-respected guy.
'Part of a corrupt corporate culture that spanned years'.
The chief executive of GlaxoSmithKline has insisted the British drugs group had no knowledge of the alleged cash and sexual favours bribery scandal which has engulfed the company in China before the police arrested four of its senior Chinese executives last week.