SunTrust Fires Three After Investigation
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SunTrust Banks Inc. has fired its chief credit officer, Sandra W. Jansky, and two others in its credit division after an investigation found errors in its calculation of auto loan default reserves, the company said Wednesday.
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BOSTON (CBS.MW) -- The other shoe dropped Tuesday for about 3,000 workers at embattled Marsh &amp; McLennan. Free! Sign up here to receive our Internet Daily e-Newsletter!
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SunTrust Banks Inc., the Atlanta-based bank that last week acquired the parent of Central Carolina Bank, announced that it will delay the release of its third-quarter earnings.
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Royal Group Technologies Ltd. fired Chairman Vic De Zen and Chief Executive Douglas Dunsmuir, targets of a police probe, after finding they failed to disclose their interest in a parcel of land sold to the company in 1998.
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An Ontario judge ordered the removal of three Hollinger Inc directors on Thursday as part of an investigation into financial transactions at the holding company of fallen newspaper tycoon Conrad Black.
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SunTrust Banks Inc. STI.N, the No. 7  U.S. bank, on Monday said it put two senior finance executives  on paid leave, and expects to restate first- and second-quarter  profit higher as it fixes errors in how it accounts for loan  losses.
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The on-going investigation into allegations of race-fixing has taken a further twist with the arrest of three men from the North West of England.
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Companies caught up in New York state Attorney General Eliot L. Spitzer&#39;s investigation into rigged bids and kickbacks in the insurance industry began firing and suspending
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THREE senior officials running one of Americaâs junior stockmarkets could face civil charges relating to its options market, following a probe by US watchdog the Securities and Exchange Commission.
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WASHINGTON -- Federal regulators have filed civil fraud charges against three former Kmart executives and five current and former managers of suppliers.
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Mutual fund giant Fidelity Investments has fired two employees and disciplined 14 others for violating company policy on accepting gifts.
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A former game and fisheries director and two former game wardens are accused in indictments of misusing state funds &#151; allegations also raised in an audit that questioned the purchase of hunting gear for an African safari and use of state-owned watercraft.
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Sunrise Senior Living said yesterday that three senior executives, including the president, left the firm after a special board committee determined that "inappropriate accounting" had occurred over a two-year period.
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SunTrust Banks (NYSE: STI) will close about 60 branches after the completion of its acquisition of Memphis, Tenn.-based National Commerce Financial Corp.
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NEW YORK (CBS.MW) -- Ace Ltd. said Thursday it fired two employees and suspended three others as part of an internal investigation into improper business practices.
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The company announced the firings on Thursday along with a restructuring plan that included layoffs of about 3,500 employees.
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SunTrust Banks Inc. on Friday reported an 11 percent rise in third-quarter earnings and said issues over accounting for bad loans led to the understatement of the company&#39;s first- and second-quarter profit by $25.