Topic: Investment Banking and Securities Dealing
CIT names ex-Merrill CEO Thain as chairman, CEO
AP News
CIT Group names former Merrill Lynch CEO John Thain to lead as chairman and CEO of lenderJohn Thain is getting a second chance. CIT Group Inc., the lender that is trying to regain its former stature after almost collapsing during the financial industry crisis, said late Sunday it has hired ...
CIT, emerging from bankruptcy, hires Thain as CEO
Reuters US Online Report Business News
NEW YORK (Reuters) - CIT Group Inc <CIT.N> has hired former Merrill Lynch CEO John Thain as its new chief executive, the commercial lender said late on Sunday, wagering that the well-traveled executive can guide its post-bankruptcy turnaround. Thain, 54, immediately replaces interim CEO Peter Tobin, who will ...
Goldman CEO Blankfein gets $9M stock bonus for 09
AP News
Goldman Sachs CEO Lloyd Blankfein receives $9 million stock bonus for 2009Goldman Sachs Group Inc. CEO Lloyd Blankfein is getting a $9 million stock bonus for 2009, a modest payday by Wall Street standards that appears aimed at quelling criticism of the bank's compensation practices. Blankfein will receive more ...
JPMorgan CEO Dimon gets $16M stock bonus for 2009
AP News
JPMorgan Chase CEO Jamie Dimon receives $16 million stock bonus for 2009JPMorgan Chase & Co. CEO Jamie Dimon received a stock bonus valued at nearly $16 million for 2009 after steering the big bank through the aftermath of the financial crisis, the company said Friday. Dimon's bonus carries several ...
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