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  • Financial News: Hester: RBS Staff Losses 'Not Yet Destructive'

    Nov 6th, 2009 - Wall Street Journal

    Royal Bank of Scotland (RBS) Chief Executive Stephen Hester said staff losses across its businesses have been ???damaging but not yet destructive??? and admitted that there are "all sorts of reasons why it could be dispiriting to work for RBS.

  • BofA waives privilege on Merrill purchase

    Oct 13th, 2009 - FT

    Bank of America has agreed to a request from the office of Andrew Cuomo, attorney-general of New York, to waive the attorney-client privilege that Mr Cuomo claims is preventing...

  • BofA's Lewis to retire by year's end

    Oct 1st, 2009 - bizjournals

    Bank of America Corp. CEO Kenneth Lewis has informed the bank’s board of his decision to retire, effective Dec. 31. No successor has been named, but the board of directors will have one in place by year’s end...

  • BofA's Lewis to retire by year end

    Oct 1st, 2009 - bizjournals

    Bank of America Corp. Chief Executive Kenneth Lewis has informed the bank’s board of his decision to retire, effective Dec. 31. A BofA spokesman was unavailable for comment. No successor has been named...

  • AIG cuts cost for annual conference for financial advisers at Calif. resort

    Sep 30th, 2009 - USA Today

    CHARLOTTE, N. C. — American International Group is again hosting some of the top U.S. financial advisers and says that this time, the gathering at a California resort will cost it just $30,000. The insurer...

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