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1 Apr 2009, 10:58 am
While OSFI's mandate is "to ensure that financial institutions are regulated … so as to contribute to public confidence in the Canadian financial system," it leaves the management of the financial institution to individual boards of directors and management of the institution itself. [read post]
1 Apr 2009, 5:35 am
Basel II will establish stronger capital requirements for banks' structured credit and securitization activities. [read post]
31 Mar 2009, 7:28 pm
Our board of directors has determined that continued participation in this program is no longer in the best interest of our company and its shareholders. [read post]
31 Mar 2009, 5:31 am
there are many investment opportunities in China, as Adam Roseman who is a respected businessman in the Chinese financial circles In Roseman that sense, empowering the Board Adam Roseman of Directors of the Bank, with a favorable vote by the Finance Minister, to set quotas for ordinary, special or promotion, and emergency, to set and vary the interest rate and the discount lending operations, discount and rediscount and to Shanghai identify and modify the legal reserve… [read post]
29 Mar 2009, 6:06 am
He was last seen boarding a budget airline from Edinburgh to Nice with his wife and two children more than 10 days ago. [read post]
27 Mar 2009, 3:16 am
Last night, RBS faced another row when its 2008 report confirmed that ex-director Larry Fish retired from the bank on a £1.6m annual pension - the biggest received by a company employee in UK corporate history. [read post]
26 Mar 2009, 4:43 pm
The declaration stated that Buffett was not and had never been the Honorary Chairman of the Board of Directors of IRH and that Buffett had not ever had any personal or business relationship with the firm. [read post]
25 Mar 2009, 6:09 am
For instance, there are limitations on the amount that can be expended on a buyback (25% of net worth), amount of share capital that can be bought back (not exceeding 25% each year), solvency certifications from the board of directors and the like. [read post]
25 Mar 2009, 5:00 am
In other words, under the Delaware approach, directors determining compensation for fellow directors are essentially insulated from liability for almost any amount paid. [read post]
23 Mar 2009, 2:03 pm
Stanford falsely claimed the bank's statements were audited by Antiguan regulators, the agency said. [read post]
23 Mar 2009, 4:49 am
They said non-executive directors faced "intimidation" about asking searching questions about the bank's activities, for fear they might not be reappointed. [read post]
21 Mar 2009, 10:19 am
Friedman also sits on the board of directors of Goldman.Update: After discussing this issue with a friend of mine, I have an additional comment. [read post]
20 Mar 2009, 1:19 am
Circuit Asked to Declare Copyright Royalty Board Unconstitutional
Legal Times
It's not often that Metallica, Dr. [read post]
17 Mar 2009, 3:56 pm
The system becomes poisonous when the board of directors is willing to sacrifice the corporation for short-term gain. [read post]
17 Mar 2009, 9:13 am
The influence of banks and other private lenders pervades public companies. [read post]
16 Mar 2009, 11:12 am
Missouri’s Division of Professional Registration and State Board of Embalmers and Funeral Directors have received the same type of criticism with regard to the NPS collapse. [read post]
16 Mar 2009, 8:29 am
Here’s why: The AIG board of directors wants AIG to survive and prosper. [read post]
15 Mar 2009, 1:06 pm
If Directors were truly "independent", many shareholder proposals would be submitted for a vote with a favorable recommendation from the Board but that is just not the case. [read post]
15 Mar 2009, 12:53 pm
Will this threaten the independence of those directors? [read post]
13 Mar 2009, 5:00 am
Another possibility was that the system for risk management was not meaningful and the directors either did not know about the risks or, if they did, did nothing in response, despite deteriorating financial conditions in the banking sector. [read post]
