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By Marlene Y. Satter, AdvisorOne |
August 10, 2012
Experts in the U.S. and abroad say that the bank's internal e-mails give the New York regulator a basis for its unilateral action.
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By Marlene Y. Satter, AdvisorOne |
August 8, 2012
This week in new hires, Tiger 21 named Julie Garella chairwoman of its San Francisco group, Eagle Asset Management brought in four new portfolio managers in Vermont, and Steven Young went to Citi Private Bank.
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By Marlene Y. Satter, AdvisorOne |
August 8, 2012
Not only was Standard Chartered apparently blindsided by the move, so were federal regulators; negotiations had been ongoing for some time for what the bank hoped would be a quiet settlement.
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By Marlene Y. Satter, AdvisorOne |
July 3, 2012
A day after he insisted he had no intention of stepping down, Bob Diamond resigned as head of Barclays Bank effective immediately, bowing to pressure from lawmakers outraged over the manipulation of Libor rates on his watch.
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By Marlene Y. Satter, AdvisorOne |
June 25, 2012
After calling for JPMorgan's CEO Jamie Dimon to step down from his position on the board of the New York Federal Reserve, Simon Johnson, former chief economist at the IMF, started a petition.
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By Marlene Y. Satter, AdvisorOne |
May 14, 2012
The chief investment office of JP Morgan in London, which last week made the headlines for losing $2 billion in trades, could be in danger of closing, its entire staff dismissed.
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By Marlene Y. Satter, AdvisorOne |
April 30, 2012
A second Goldman Sachs candidate has entered the running to replace Bank of England Governor Mervyn King when he steps down in June 2013.
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By Chad Hemenway, PropertyCasualty360.com |
March 26, 2012
AIG’s remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.
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By Marlene Y. Satter, AdvisorOne |
July 21, 2011
Also, this week in new hires, Lennon and Rappa join DC team, Unger to head plan sponsor sales at Russell; Grandeur Peak launched; Penn Mutual advances Flannery.
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By Janet Levaux, AdvisorOne |
January 28, 2011
AIG Advisor Group President and CEO Larry Roth sees growth at FSC, Royal Alliance and SagePoint as consolidation in the independent broker-dealer space continues