SunTrust shakes up management
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SunTrust Banks, the seventh-largest US bank, yesterday overhauled its management weeks after it restated earnings and fired three executives because of accounting errors.
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SunTrust Banks Inc. (STI) on Monday put two senior finance executives on leave after uncovering accounting problems that will result in the No.
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Marsh &amp; McLennan Companies Inc. (MMC) on Friday announced a change in the management of Marsh Inc., its risk and insurance services subsidiary.
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SunTrust Banks said yesterday that it had fired its chief credit officer and two other executives after finding numerous errors in calculating how much to set aside for bad loans.
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Sun-TimesÂ chief executive will step down as the company shifts its New York-based corporate functions to its Chicago headquarters.
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SunTrust Banks Inc. , 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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Microsoft shook up its executive ranks Thursday, bringing together a triumvirate of managers to take over its troubled online-services operations and shaking up management of Windows Mobile and Vista.
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SunTrust Banks Inc. STI.N, the No. 7  U.S. bank, on Wednesday said it fired three finance executives,  including its chief credit officer, after finding "numerous  errors" in how much to set aside for bad loans.
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SunTrust Banks Inc. STI.N, a large  U.S. southeast regional bank, on Wednesday said it fired three  finance executives, including its chief credit officer, after  uncovering problems in how it accounted for bad loans.
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British retailer Marks and Spencer announced a major management shake-up as part of efforts to revive its fortunes, saying trading has become tougher ahead of the crucial Christmas period.
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SunTrust Banks Incorporated has fired its chief credit officer and two others in its credit division after an investigation found errors in its calculation of auto loan default reserves.
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Struggling to reorganize after being accused of cheating its customers, Marsh &amp; McLennan, the world&#39;s largest insurance broker, said yesterday that it was removing the five company executives
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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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Ford Motor Co.  announced on  Thursday a shake-up of its top management intended to  streamline vehicle development efforts and bring Chief  Executive Alan Mulally closer to key operations.
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Sprint Nextel Corp  Chief  Financial Officer Paul Saleh and two other senior executives  are leaving the company in a new management shake-up, as the  No. 3 U.S. mobile service grapples with subscriber losses.
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The move is only the latest management shakeup at the lender since its proposed buyout began collapsing over the summer.
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Marks &amp; Spencer, the beleaguered high-street retailer, today announced a major management shake-up as it unveiled its first half results and said trading had become tougher since its last update in early October.