Chief Is Ousted in Shake-Up at Argentina's Central Bank
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Argentina's president ousted the head of the central bank, removing one of the government's most respected figures just as the country seeks to work out its debt.
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FRANKFURT Joseph Ackermann, the Deutsche Bank chief executive, announced a much-anticipated personnel shake-up Tuesday aimed at solidifying leadership in its profitable investment banking business and restoring confidence in its commitment to Germany, the
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Citigroup Inc., the financial services giant, said yesterday that it was removing three senior executives in the wake of a banking scandal in Japan.
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The head of the International Monetary Fund, Rodrigo de Rato, unexpectedly quit his job yesterday three years into a five-year term.
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Bear Stearns CEO reportedly to be replaced by the firm's president, Alan Schwartz.
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Right-wing tycoon Mauricio Macri is elected mayor of Buenos Aires - a blow to President Nestor Kirchner.
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Mexican President Vicente Fox sacks the capital's police chief over a mob attack that killed two officers.
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Israel's police chief resigns after a government commission says he should go over alleged misconduct.
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WASHINGTON : US banking giant Citigroup Inc has ousted three senior executives after Japanese regulators last month ordered it to shutter its private banking operations in the country for violating banking laws.
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John Pluthero, the combative executive chairman of Cable & Wireless, has begun his shake-up of the telecoms group's international division by replacing two key managers.
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The International Monetary Fund's managing director, Rodrigo de Rato, is to step down in October.
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Citigroup has removed three senior executives, including Sir Deryck Maughan, its British-born vice-chairman, following a scandal which has forced the closure of one of the bank&#39;s Japanese businesses.
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Richard Notebaert said Monday he will leave as chairman and chief executive officer after the board had chosen a replacement.
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The chief executive and chief finance officer of America&#39;s second-largest financial institution, mortgage provider Fannie Mae, have stepped down following a row over accounting irregularities.
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South Africa's ruling African National Congress has sacked its chief whip after finding him guilty of sexual harassment.
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Bear Stearns Cos. Inc.  on Friday replaced the head of its asset management business after two of the investment bank's hedge funds hit rock bottom by making bad bets on risky mortgages.
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Bank One said Thursday that its chief economist is leaving the company, less than two months after it was purchased by JP Morgan Chase &amp; Co.