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25 Mar 2010, 7:37 am
McKinley seeks access to “minutes and supporting memos” from the FDIC Board of Directors meetings that preceded all three. [read post]
24 Mar 2010, 9:53 pm
Allison began his career at Merrill Lynch as an associate in investment banking and served variously as Treasurer, Director of Human Resources, Chief Financial Officer, Executive Vice President, President, Chief Operating Officer and as a member of the Board during his 28 years there. [read post]
24 Mar 2010, 9:11 am
Recent CLP posts here, here, and here have commented on the fact that Senator Dodd's financial reform bill does not create an independent Consumer Financial Protection Agency but rather establishes a consumer protection bureau within the Federal Reserve whose regulations can be vetoed by a board comprised largely of bank and other financial regulators. [read post]
22 Mar 2010, 12:04 pm
To that end, shareholders must demand that corporate boards of directors revamp the entire compensation structure on Wall Street away from one based on revenue generation to one that rewards long-term profits. [read post]
22 Mar 2010, 7:04 am
In addition, Khalid Pitts, one of USAction's board members, is SEIU's director for political accountability. [read post]
22 Mar 2010, 7:03 am
Professor Alford also serves on the board of directors of Special Olympics International, which serves individuals with intellectual disabilities and of Crimson City Hockey, which provides free instruction in ice hockey to urban youth (his dream as a high school student was to succeed as a hockey player while keeping all his teeth – he did better at the latter than the former). [read post]
22 Mar 2010, 2:48 am
The New Frontier Bank’s investors’ expectation is that the FDIC will pursue claims against the former directors and officers of that bank. [read post]
21 Mar 2010, 6:49 pm
But it does not follow that this requires increasing the FTC’s powers across the board. [read post]
21 Mar 2010, 1:13 pm
If a director fails to win a majority of the vote in uncontested election, the directors must tender his or her resignation to the board. [read post]
21 Mar 2010, 4:36 am
SunTrust Banks, Inc., 2001 NCBC 9A ¶¶ 22–30 (Aug. 10, 2001), corporate governance is one area of the law in which standards of conduct diverge from standards of review. [read post]
21 Mar 2010, 3:50 am
State Bank of India, Bagpat, Distt. [read post]
20 Mar 2010, 7:31 am
one member from amongst the officials o the Reserve Bank; d. [read post]
18 Mar 2010, 6:10 am
They argue that, if shareowners can participate more directly in board elections through proxy access or other means, companies should be able to contact them directly. [read post]
17 Mar 2010, 6:34 am
All of the directors remained on their boards. [read post]
16 Mar 2010, 8:00 am
The second sleeper provision, as noted in an earlier post, the legislation authorizes the Federal Reserve Board to adopt rules that prohibit "excessive" compensation paid to executive officers, directors, employees or principal shareholders of bank holding companies. [read post]
16 Mar 2010, 6:44 am
Although this roadblock cleverly appears to give the BCFP across-the-board rulemaking power, it undermines that power by allowing banks to lobby the weakest regulator to overturn strong rules. [read post]
16 Mar 2010, 6:08 am
Defines “financial company” as: An insured bank or thrift; A bank holding company; Any other company that controls an insured bank or thrift (i.e., a thrift holding company or other depository institution holding company); Any foreign bank that has a U.S. branch, agency or commercial lending company subsidiary; Any other foreign company treated as a bank holding company for purposes of the Bank Holding Company Act; and Any nonbank… [read post]
16 Mar 2010, 5:00 am
Directors lose but the board doesn't remove them. [read post]
15 Mar 2010, 6:41 pm
According to some sources, internal bank documents submitted to the court in Pakistan prove that thsse loans were extended to Haris Steel on the approval of the bank’s central credit committee and the board of directors without Mr. [read post]
15 Mar 2010, 6:03 pm
ANTONUCCI served as President and Chief Executive Officer (“CEO”) of The Park Avenue Bank from June 2004 to October 2009, and also served on its Board of Directors. [read post]