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JPMorgan Pulls Arbitration Clause From Card Contracts
Nov 20th, 2009 - Bloomberg
Nov. 20 (Bloomberg) -- JPMorgan Chase & Co.’s credit-cardcontracts will no longer require disputes to be settled througharbitration, a practice that lawmakers said was biased againstcardholders...
Citigroup appoints Bodurtha to head North America investments group at Citi Private Bank unit
Nov 19th, 2009 - baltimoresun
NEW YORK (AP) - Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for Citi Private Bank in North America.
Moody's May Cut Goldman Debt in $450 Billion Review
Nov 19th, 2009 - Bloomberg
Nov. 19 (Bloomberg) -- Debt sold by Citigroup Inc., GoldmanSachs Group Inc. and JPMorgan Chase & Co. is among the $450billion of securities that Moody’s Investors Service said it maydowngrade.
Citi Discloses Cuts In Pay For At Least 2 Top Executives
Nov 17th, 2009 - Wall Street Journal
(Updates with more background, details) NEW YORK (Dow Jones)--At least two of Citigroup Inc.'s (C) top executives are seeing their pay cut substantially, the bank disclosed Tuesday.
Citigroup Pays Forese, Gerspach, Volk $11.7 Million in Stock
Nov 17th, 2009 - Bloomberg
Nov. 17 (Bloomberg) -- Citigroup Inc. gave $11.7 million instock awards to trading chief James Forese and two topexecutives a month after the bailed-out bank got approval...
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