Chief Plans to Depart Bear Stearns
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James E. Cayne, the embattled chief executive of Bear Stearns, will step down after the deepest losses in the firmâs history, according to people who have been briefed on the situation.
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The chief executive of a Bear Stearns hedge fund maintained his golf habit through the weeks when his firm was struggling to keep one of its funds afloat.
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ST. PAUL, Minn. _ Sung Won Sohn, the high-profile chief economist of Wells Fargo &amp; Co. in Minneapolis, will be leaving after 30 years to run his own bank.
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Bank president told Treasury Secretary John W. Snow that he will step down after a decade at the helm when his term expires in June.
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The bond insurer said that a former chief executive, Joseph âJayâ Brown, would replace Gary Dunton as it scrambles to maintain a top credit rating amid mortgage-related losses.
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JPMorgan Chase &amp; Co., the second- biggest US bank, said Chief Financial Officer Dina Dublon will resign and be replaced by Michael Cavanagh, now head of the company&#39;s business of lending to mid-size companies.
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The head of global stocks at the Citadel Investment Group, a $12 billion Chicago-based hedge fund, has left the firm, according a source.
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Bear Stearns Cos Inc  leader  Jimmy Cayne will relinquish his title as chief executive, but  remain chairman, the Wall Street Journal reported on Monday,  citing people familiar with the matter.
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Mac Gardner, a senior brokerage executive at Merrill Lynch & Co Inc , is leaving the company, Merrill said on Friday.
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EBay CEO Meg Whitman is planning to step down from the company she has led for the past 10 years, The Wall Street Journal said today.
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The retailer's CEO steps down amid a shakeup in operations.
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Bear Stearns Cos Inc  leader James Cayne will relinquish his title as chief executive, but remain chairman, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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Bear's stretch of outperformance is expected to end.
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Warren E. Buffett said he was seeking a new candidate to become chief investment officer when he steps down.
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Citigroup Inc., the world&#39;s biggest bank, said Vice Chairman Deryck Maughan will leave the firm, along with investment management head Thomas Jones and Peter Scaturro, who ran the company&#39;s
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Bear Stearns dethrones asset-management head as subprime losses rock the firm.
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LONDON - David Eldon will retire next year as chairman of the Hongkong and Shanghai Banking Corp. Ltd. and the Hang Seng Bank, HSBC Group, one of the world&#39;s largest banking and financial service organizations, said Monday.