Posts Tagged ‘executive’

Emails Give Glimpse Into Deals That Fueled Financial Meltdown

ProPublica Staff NY, NY, United States (ProPublica) – by Jesse Eisinger and Jake Bernstein As ProPublica has been detailing for two years, Wall Street banks and the hedge fund Magnetar worked together to build mortgage-backed deals that the hedge fund also bet against. The more than $ 40 billion of deals helped fuel the crash […]

Yahoo CEO Mayer to receive lucrative salary

Newly hired Yahoo Chief Executive Officer and expecting mother Marissa Mayer is set to receive a hefty paycheck. Mayer was swayed away from Google by Yahoo last week and is tasked with injecting new energy and a profitable business plan for Yahoo. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Thompson resigns from Yahoo’s top job

Yahoo on Sunday appointed Ross Levinsohn as interim Chief Executive Officer (CEO) and Fred Amoroso as chairman after Scott Thompson left the post of CEO over academic credentials. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Liam Fox and Adam Werritty ‘to testify’ in 3M legal dispute

Porton Capital chief executive Harvey Boulter is to call former defence secretary Dr Liam Fox and his “adviser” Adam Werritty to testify in his acrimonious legal dispute with 3M. View full post on UK Business Stories

MP seeks RBS account explanation

The chief executive of Royal Bank of Scotland is being asked by an MP to explain restrictions it has put on using cash machines for some customers. View full post on Business Stories

Jobs resigns as Apple chief executive

More than those of any other company, Apple’s fortunes and products have been closely associated with its co-founder View full post on UK Business Stories

Commonwealth Bank’s Norris Says RBA Won’t Slash Cash Rate

Australia’s central bank is unlikely to slash the nation’s benchmark borrowing rate amid turmoil in global markets because inflation remains high, according to Commonwealth Bank of Australia Chief Executive Ralph Norris. View full post on Finance Stories

William Hill boss Topping sees pay soar

WILLIAM HILL yesterday snubbed investors by granting “golden handcuffs” worth £1.2million and yet another substantial pay rise to chief executive Ralph Topping to keep him at the company for the next two years. View full post on Business Stories

Oil speculators cash in: China exec

Oil market speculators are cashing in on unrest in the Middle East, which is driving prices higher even though crude supplies are unlikely to be cut, says a Chinese oil executive. View full post on Finance Stories

ING halts executive bonuses until bailout repaid

A public outcry has caused the chief executive of the government bailed-out Dutch banking giant ING to announce he will forego his $1.78 million bonus this year and has asked other managers to do the same. View full post on Banking Stories