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Bank of N.Y. Chief Says He’s Staying Put (Again)
17 hours ago ago from The Wall Street Job Report
By New York Times DealBook, December 14, 2009 He’s said it before, and he’s saying it again: Robert P. Kelly (above) is staying at Bank of New York Mellon as its chief executive. Despite speculation that he may jump to Bank of America as its new chief executive, Mr. Kelly intends to keep his post at Bank of New York, he wrote in an internal memorandum obtained by DealBook. Of course, he did send out an e-mail message to ...
Related contentAnti-Recession Tactics
13 hours ago ago from B2B Markeplace
The 2009 recession lingers on and on and on. While consumer spending is at the steepest decline since 1980, IT and business leaders are feeling sort of dismal. In 42 years of retailing, we've never seen such difficult times for the consumer, said Best Buy president Brian Dunn. Since 70% of America's economy is driven by consumer purchases, there is some anxiety from economists that we're simply not manufacturing enough or producing sufficient ...
Related contentAn Expert Hedge Sponsor
13 hours ago ago from Business World
Ritchie Capital Management is an extremely well known company which is a hedge fund sponsor and is privately sponsored. The main work of the company is to give services to pooled investment funds. The company invests in financial markets of the United States of America like the private equity fund. The firm has a group of experts who use different strategies for hedging the investments. The company is based in Geneva and was established in ...
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Goldman Sachs sued over expected bonuses
9 hours ago ago from BloggingStocks
The Security Police and Fire Professionals of America Retirement Fund has filed a lawsuit with the New York Supreme Court, naming Goldman Sachs Group, Inc. (NYSE: GS ), CEO Lloyd Blankfein, and the company's board of directors as defendants. The company's crime? Planning to pay $22 billion in bonuses "for corporate performance that has absolutely nothing to do with the skill of the company's employees." Goldman spokesman Lucas van Praag ...
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