Citigroup Oversiight

2010-03-04T10:46:11Z

Citigroup Chief Executive Vikram Pandit testifies on Capitol Hill in Washington, Thursday, March 4, 2010, before the Congressional Oversight Panel hearing on Citigroup assist...

Bank of America Merrill Lynch

2010-02-04T10:31:01Z

FILE - In this Feb. 26, 2009 file photo, then Bank of America CEO Ken Lewis arrives at the building that houses the offices of New York Attorney General Andrew Cuomo in New York. The Chase & Co. Chief Executive Officer Jamie Dimon, left, and Goldman Sachs Chief Executive Officer Lloyd Blankfein, leave the White House in Bank of America CEO Brian Moynihan smiles as he greets the bank's employees at a meeting in Charlotte, N.C., Thursday, Dec. 17, 2009. (AP Photo/Chuck Burton)

Obama talks tough with 'fat cat' bankers

2010-02-23T16:05:26Z

<div><p>President Barack Obama talked tough with US bank chiefs, demanding they boost lending to create jobs, after raising the stakes for the White House talks by slamming Wall Street "fat cats."</p><p>Obama also ...

Morgan Stanley hires ex-Merrill COO Fleming

2010-02-23T16:28:33Z

<div><p>NEW YORK (Reuters) - Morgan Stanley &lt;MS.N&gt; said on Sunday it hired former Merrill Lynch President and Chief Operating Officer Gregory Fleming to run its investment management group, the latest in a string of executive level changes.</p>&...

Citigroup Executive Pay

2009-11-18T06:01:49Z

FILE - In this Feb. 11, 2009 file photo, Citigroup Chief Executive Officer Vikram Pandit, right, accompanied by Morgan Stanley Chairman and Chief Executive Officer John Mack, testifies on Capitol Hill in Washington. Citigroup Inc. said Wednesday, Nov. 18, 2009, its chief ...

Dems, Republicans at odds over BofA, Merrill deal

2010-02-24T04:34:34Z

<div id="subtitle">House Dems: government didn't force Bank of America to take over Merrill, GOP claims cover-up</div><div><p>A senior House Democrat says the government didn't force Bank of America to take over NEW YORK - FEBRUARY 26: (FILE PHOTO) Kenneth D. Lewis, Chief Executive Officer of Bank of America, prepares to enter the offices of New York Attorney General Andrew Cuomo February 26, 2009 in New York City. It was reported that Bank of America...

Ohio AG takes lead role in Bank of America lawsuit

2010-02-25T01:38:19Z

<div id="subtitle">Ohio AG takes lead role in securities lawsuit alleging concealment by Bank of America</div><div><p>Bank of America Corp. executives improperly concealed billions of dollars in losses and billions in bonuses paid by Merrill Lynch before a shareholder vot...

BofA to add DuPont's Holliday to board: report

2010-02-25T04:52:42Z

<div><p>(Reuters) - DuPont Co &lt;DD.N&gt; Chairman Charles Holliday will likely be added to Bank of America Corp's &lt;BAC.N&gt; board of directors at a meet...

Meltdown When The Wheels Came Off

2009-09-05T12:00:39Z

FILE - In this Sept. 15, 2008 file photo, then Merrill Lynch Chairman and CEO John Thain, left, and Bank of America Chairman and CEO Ken Lewis shake hands following a news conference in New York. That day, Bank of America began adding anot...

Interpol to repatriate fleeing Nigerian bank chiefs: official

2010-02-25T15:02:43Z

<div><p>The Nigerian anti-graft agency said Thursday it would enlist the support of Interpol to repatriate any fleeing bank chiefs or debtors to enable them face economic charges.</p><p>One of the bank chiefs, Erastus Akingbola, declared wanted on Sunday and who is abroad, will be re...

Nicolas Sarkozy meets with the main French banks

2009-08-26T15:25:54Z

French President Nicolas Sarkozy (L) speaks next to French Economy Minister Christine Lagarde (R) during a press conference after a meeting with French bank executives over bonuses, at the Elysee Palace, Paris, France, 25 August 2009. Sarkozy'stalks with...

Cubs-Ricketts

2009-08-25T14:55:53Z

Tom Ricketts, a Chicago, Illinois investment banker, made the winning bid for the Chicago Cubs. (Chicago Tribune/MCT) Photo via Newscom...

PARIS: Sarkozy and French bank executives meeting

2009-08-25T13:01:04Z

French banking giant Societe Generale chief executive Frederic Oudea after a meeting with French President Nicolas Sarkozy and French bank executives over bonuses at the Elysee presidential Palace. French bank executives agreed to adopt a system of performance-linked pay with both bonuses and penalties fo...

Judge delays approval of BofA, SEC settlement

2010-02-25T22:02:46Z

<div id="subtitle">Judge says needs names, more details before signing off on $33M BofA bonus settlement with SEC</div><div><p>A federal judge said Monday he needs more information before he can decide whether to approve a $33 million settlement between Bank of America Corp. and the Reuters) - U.S. lawmakers on Thursday ripped into former Treasury Secretary Henry Paulson over the government's role in Bank of America's merger with Bank of America-Merrill Lynch deal</div><div><p>A lawmaker is accusing Bank of America's chief executive of manipulating the government into paying $20 billion so the bank could buy troubled

Stress test results: what it all means

2010-02-27T13:53:38Z

<div id="subtitle">A look at the bank stress test results and what they mean for banks, economy</div><div><p>The government told investors Thursday what they've known since the crisis began: Some banks are healthier than others.</p><p>The Federal Reserve said Ba...

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