bank executives

British bank chief criticized over bonus

January 28th, 2012 - 3:34 am ICT by IANS
London, Jan 28 (IANS) Head of the Royal Bank of Scotland (RBS) Stephen Hester has been criticized for receiving nearly one million pound bonus.The 963,000-pound share bonus is on ... Read more...

Posted in Business |

Vatican Bank being investigated over money laundering allegations

September 21st, 2010 - 11:31 pm ICT by Aishwarya Bhatt
Vatican City, Sep 21 (THAINDIAN NEWS) Prosecutors in Italy have started an enquiry into the Vatican's top bank executives on Tuesday, on suspicion that they have violated money laundering legislation.The Vatican has ... Read more...

Posted in World News |

Improve pay at public sector banks: Subbarao

September 7th, 2010 - 7:56 pm ICT by IANS
Mumbai, Sep 7 (IANS) India's central bank governor Tuesday said pay packages at state-run banks need to be revamped and brought at par with their private sector peers if they are to ... Read more...

Posted in Business |

Bank executives with negative emotions take fewer risks

July 10th, 2010 - 3:35 pm ICT by IANS
London, July 10 (IANS) Executives with negative emotions tend to take fewer risks, a study based on a survey of managing directors and general directors of Spanish banks has found. The study ... Read more...

Posted in Business |

G-20 fails to agree on global bank tax, financial reforms

April 24th, 2010 - 1:12 pm ICT by IANS
By Arun Kumar Washington, April 24 (IANS) Finance ministers of the world's 20 leading economies, including India, have failed to agree on a controversial proposal for a global tax on banks or ... Read more...

Posted in Business |

Bankers, governments discuss regulation at Davos forum

January 30th, 2010 - 3:26 pm ICT by IANS
Davos, Jan 30 (DPA) Bank executives met central bankers and government officials here Saturday to discuss whether regulations should be imposed on financial markets. Officials from the US and Europe were taking ... Read more...

Posted in World |

Researchers spell out the 12-steps to white-collar crime

October 14th, 2009 - 5:24 pm ICT by ANI
Washington, Oct 14 (ANI): A new study by Canadian researchers has listed twelve steps to white-collar crime.The report will appear in the International Journal of Business Governance and Ethics.Ruth McKay of the ... Read more...

Posted in World |

Oprah’s ‘aha moment’ catchphrase lands her in legal dispute

April 25th, 2009 - 2:31 pm ICT by ANI
Washington, Apr 25 (ANI): Oprah Winfrey is at the centre of a legal battle with the bosses of an insurance company over the use of her signature catchphrase-the "Aha moment".The talk ... Read more...

Posted in Entertainment |

Wall Street plunges on dim economic outlook

February 24th, 2009 - 5:04 am ICT by IANS
New York, Feb 24 (Xinhua) Wall Street plunged Monday with the Dow Jones average and the S&P 500 index dropping to a 12 year low on concerns about dim economic outlook. Big technology ... Read more...

Posted in Uncategorized |

Big business executives should make sacrifices, give up bonuses: Obama

November 26th, 2008 - 2:34 pm ICT by ANI
Chicago, Nov. 26 (ANI): US President-elect Barack Obama has said ''captains of industry'' are out of touch with what''s going on in Middle America, and said they should be ready to ... Read more...

Posted in National |

Citigroup posts $2.5 bn quarterly loss on new write-downs (Lead)

July 18th, 2008 - 10:47 pm ICT by IANS
New York, July 18 (IANS) Citigroup announced here Friday a loss of $2.5 billion in the second quarter, its third consecutive quarterly loss but lower than the earlier figures. The loss was ... Read more...

Posted in Business |