Chemical Bank Makes Changes In Trust & Investment Management Group
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By Anonymous  MIDLAND - Chemical Bank Chairman David B. Ramaker, last month, announced changes to the company's executive management team. In keeping with the bank's retirement policy for senior executives, Brace M.
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With a major trading-fraud case finally settled yesterday, the Boston-based mutual fund operations of Bank of America are at work on a major restructuring over the coming months that will result in a smaller, more coherent lineup of funds, officials said.
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Freddie Mac , the No. 2 U.S. mortgage finance company, said on Monday it will no longer serve as a broker dealer in the multi-trillion-dollar mortgage bond market, a move some said is designed to lower risk and placate regulators.
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Morgan Stanleyâs decision to spin off Discover demonstrates a renewed emphasis on its core trading and investment banking business.
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Company creates roles, reassigns others to better respond to customers' needs in banking, capital markets, insurance.
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A takeover attempt follows management shakeups at the biopharmaceutical firm.
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Fannie Mae, facing questions about its accounting similar to those that shook up Freddie Mac last year, has agreed to changes that will bring it in compliance with accounting standards.
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The following is a short update from Alexander P. Cavasin, CEO of Alcar Chemicals Group Inc. (PINKSHEETS: ACMG).  With yesterday's announcement on the MOU I signed you have been able to see that there are some major developments taking place.
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Just as the Enron scandal triggered an overhaul of corporate accounting practices, the nation&#39;s prescription drug crisis may prompt a sweeping revamp of
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Deutsche Bank announced plans to reshuffle its management in order to meet its profit target for next year.
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The company says the changes are to better serve customers. Workers say they reduce already modest incomes and strain employeesÂ personal lives.
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Credit Suisse will on Monday announce a wide restructuring that will integrate its volatile Credit Suisse First Boston investment banking operation much more closely into the parent
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Freddie Mac FRE.N, the No. 2 U.S.  mortgage finance company, said on Monday it will no longer  serve as a broker dealer in the multi-trillion-dollar mortgage  bond market, a move some said is designed to lower risk and  placate regulators.
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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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Citigroup has replaced Catherine Weir, its top official in China, with Richard Stanley, reversing a management reorganization made six months ago.
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The banks are considering injecting capital into the Ambac Financial Group and assuming some of the risks associated with guarantees written by the company.
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HSBC, the UK's largest bank, is targeted for a shake-up by a high-profile US group of activist investors.