- Deutsche Bank foregoes 2008 bonuses due to crisis
The top executives of Deutsche Bank , Germany's largest bank, will forego their bonus payments for 2008 as the first complete management bo...
- Lehman shunts president, CFO
Lehman Brothers Holdings replaced chief financial officer Erin Callan and president Joseph Gregory three days after the firm raised $6 bill...
- Liquidity is no defense when banks turn cannibal
US and UK regulators are wasting their time threatening traders who profit from speculation about the deteriorating health of the financial...
- Bear Stearns burnt as ex-CEO, bond chief played bridge
Alan Schwartz wasn’t supposed to be running Bear Stearns, and now he is presiding over the 85-year-old securities firm’s sale.
- Citic seeks more stake in Bear Stearns after stock slide
Citic Securities, China's top brokerage by assets, is back in talks to get a bigger stake in Bear Stearns as the Wall Street bank's shares ...
- Cayne out as Bear Stearns CEO
Bear Stearns Cos said on Tuesday that Chief Executive James "Jimmy" Cayne will give up control of the fifth-largest US investment bank amid...
- Bear Stearns' Cayne gives up CEO position
Bear Stearns Cos. Chief Executive James ``Jimmy'' Cayne will give up day-to-day control of the fifth-largest US investment bank amid unprec...
- Bear Stearns chief to quit on mortgage woes
Bear Stearns CEO James Cayne plans to resign as the securities firm’s shares languish following unprecedented losses from the collapse of t...
- Goldman CEO gets record $68-m bonus
Lloyd Blankfein, 53, will receive $26.8 million in cash, and $41.1 million in restricted stock and options. The Modi Phenomenon | Milestone...
- Pandit is Citi's king, but Prince proves 'dumb'
Circumstances that made India-born Vikram Pandit CEO of world’s largest bank Citigroup, has made his predecessor Charles Prince’s resignati...
- US bonuses spike 14 pc despite subprime crisis
This might have been one of Wall Street's most dismal years in a decade, but that has not stopped bonus checks from rising an average of 14...
- Subprime crisis: Top execs face the axe
Morgan Stanley’s Zoe Cruz is the latest among Wall Street executives to be shown the door.
- Goldman's 9-month executive pay tops Bear Stearns value
When Goldman Sachs Group employees cash their year-end checks, they’ll have enough money to buy Bear Stearns. Goldman, the biggest and most...
- China Citic Group likely to bid for Bear Stearns stake
China Citic Group, the overseas investment arm of the Chinese cabinet, may buy a stake in Bear Stearns, the US securities firm hit the hard...
- Joseph Lewis buys 7% in Bear Stearns
Joseph Lewis, the British-born, Bahamas-based currency trader who has amassed holdings in companies including auctioneer Christie’s Interna...
- Bear Stearns cuts jobs
Bear Stearns moved to cut jobs at two home-lending units because of the housing slump.
- Bear Stearns Q4 profit up 38%
Bear Stearns, bolstered by higher trading and investment-banking revenue, said profit rose a better-than-expected 38% to a record in the fo...