Bank's investment unit names executive
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Bank of America Corp.'s investment arm, Columbia Management , named Christopher Wilson head of mutual funds, replacing Kevin Connaughton, who will continue to work for the company. Connaughton held the position in an interim capacity, a spokeswoman said. He moved over from FleetBoston Financial Corp. , where he was head of mutual funds, in the companies' April 1 merger. The ...
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Credit Suisse made the surprise appointment of investment banking head Brady Dougan as new chief executive after posting stronger-than-expected results on Thursday, sending its shares sharply higher.
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Whoever is named chief executive will run essentially two companies: a thriving wealth management operation and a beaten-down bond business that could see $10 billion in losses.
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Northern Rock  named director  Andy Kuipers as chief executive in a long-awaited update on  Thursday, but also said it would take a 281 million pound ($574  million) hit from its exposure to the credit crisis.
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Northern Rock PLC said Friday it was replacing its chairman, after two months of troubles during which the mortgage lender took emergency funding from the Bank of England and saw the first run on a British bank in nearly a century.
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The spinoff of the investment banking division is a smart way to capitalize on the boom in the markets.
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Wells Fargo & Co. , the fifth-largest U.S. bank, on Wednesday named John Stumpf chief executive, effective immediately, replacing Richard Kovacevich, who will remain chairman.
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The bond firm plans to tackle riskier investments.
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The investment bank's CEO is toast. What about his bosses?
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Credit Suisse made the surprise  appointment of investment banking head Brady Dougan as new  chief executive after posting stronger-than-expected results on  Thursday, sending its shares sharply higher.
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Bruce Wasserstein, who runs Lazard, the private investment bank, is developing a plan to take the company public, according to executives.
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Ellyn A. McColgan will take over from James P. Gorman, the former Merrill Lynch executive who currently heads the retail unit.
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WAYNE, PA, November 19, 2004 De Lage Landen Financial Services has recently formed a Mergers & Acquisition department and appointed Christiaan Bouhuys to the newly created position of Vice President.
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UK bank Alliance & Leicester names finance director David Bennett as its new chief executive.
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Bank of America Corp. (BAC.N: Quote, Profile, Research) on Tuesday named Chief Executive Officer and President Kenneth Lewis its chairman effective next year, replacing Charles &quot;Chad&quot; Gifford, who plans to retire.
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The new owners of Abbey National, Banco Santander Central Hispano, yesterday appointed their own man to head up their Â£9.1bn acquisition and pledged not to close any of Abbey&#39;s 740 branches.
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By Channel NewsAsia&#39;s Hong Kong Correspondent Roland Lim. HONG KONG : Standard Chartered Bank has named a new chief executive officer for its Hong Kong operations.