- 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...
17 Oct, 2008, 01.22 AM IST
- 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...
13 Jun, 2008, 12.00 AM IST
- 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...
04 Apr, 2008, 12.50 AM IST
- 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.
18 Mar, 2008, 02.45 AM IST
- 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 ...
15 Feb, 2008, 12.00 AM IST
- 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...
09 Jan, 2008, 10.22 AM IST
- 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...
09 Jan, 2008, 07.30 AM IST
- 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...
09 Jan, 2008, 02.38 AM IST
- 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...
24 Dec, 2007, 02.25 PM IST
- 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...
24 Dec, 2007, 05.17 AM IST
- 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...
21 Dec, 2007, 11.10 AM IST
- Subprime crisis: Top execs face the axe
Morgan Stanley’s Zoe Cruz is the latest among Wall Street executives to be shown the door.
01 Dec, 2007, 01.10 AM IST
- 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...
08 Nov, 2007, 12.59 AM IST
- 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...
17 Oct, 2007, 01.02 AM IST
- 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...
11 Sep, 2007, 04.39 AM IST
- Bear Stearns cuts jobs
Bear Stearns moved to cut jobs at two home-lending units because of the housing slump.
18 Aug, 2007, 02.59 AM IST
- 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...
15 Dec, 2006, 12.00 AM IST