Sovereign Bancorp board battle could oust CEO: WSJ
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A boardroom battle is looming at Sovereign Bancorp Inc.  that could cost company chief Jay Sidhu his job and pose a problem for shareholder Banco Santander Central Hispano , The Wall Street Journal reported on Friday.
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PEOPLESOFT IS considering a bid from its rival Oracle now that its CEO, who opposed the deal, is out of the way. Peoplesoft director Steven Goldby told a Delaware court on Tuesday that the software maker would
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Citigroup Inc. C.N on Friday said  U.S. securities regulators may recommend enforcement  proceedings against the former head of Citigroup Global  Investment Management.
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Bruce Wasserstein, head of Lazard, could sell the investment bank rather than float it on the stock market, the Observer newspaper has reported.
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CHICAGO (CBS.MW) -- Jeffrey Greenberg may step down as early as Monday as chief executive of Marsh &amp; McLennan, the insurance broker accused of rigging bids by New York Attorney General Eliot Spitzer, according a media report Sunday.
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Declan McCullagh has the scoop on the board room machinations that led to Craig Conway&#39;s dismissal as PeopleSoft CEO. Steven Goldby, the Symex Technologies CEO who chairs PeopleSoft&#39;s governance committee, said
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A tentative deal over editorial  independence at The Wall Street Journal would give Rupert  Murdoch&#39;s News Corp. (NWSa.N) the sole power to hire and fire  the newspaper&#39;s top editors if it succeeds in buying Dow Jones  & Co. Inc. , The New York Times said on Thursday.
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Sovereign Bancorp Inc. is reportedly on the brink of cutting several hundred jobs and closing its wholesale mortgage banking unit, the first major change at the bank since veteran Boston executive Joseph P. Campanelli took the helm in October.
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Washington Post business columnist Steven Pearlstein will be online to discuss excessive executive pay on Wall Street.
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A board member of US media giant Dow Jones may face civil action over breaches of securities laws.
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The recent woes of Citigroup   have encouraged some investment bankers to talk up the chances  that the biggest U.S. bank might feel pressure to buy a major  U.S. rival, with Wells Fargo & Co.  and even Goldman  Sachs Group  touted as potential merger partners.
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Commerce Bancorp Inc.  announced on Friday the sudden departure of Chairman and Chief Executive Vernon Hill and said it agreed with federal regulators on governance changes after coming under fire for doing business with his family and other insiders.
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Bear Stearns Cos Inc's   management shake-up could make the investment bank a takeover  target, but the possibility of more write-downs and chance of  legal entanglements from the subprime mortgage crisis could  sideline suitors for now, analysts said on Tuesday.
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Tribune Co. TRB.N Chairman and Chief   Executive Dennis FitzSimons is expected to present a plan   outlining the company's future to the board on Thursday, as   investor pressure rises to sell divisions or go private.
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The New York Times Co.  board of directors met with leading shareholders in late February, a spokeswoman of the paper confirmed on Monday, amid a fight to cut the Sulzberger family's long-standingcontrol of the company.
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Citigroup Inc. (CN: Quote, Profile, Research) on Friday said US securities regulators are thinking of recommending enforcement proceedings against the former head of Citigroup Global Investment Management.
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Jeff Greenberg leaves post at No. 1 insurance broker not long after Spitzer targeted firm: WSJ. NEW YORK (CNN/Money) - Marsh &amp; McLennan&#39;s embattled Chief Executive Officer Jeffrey Greenberg stepped down as