Royal Bank Hires Stymiest, Replaces Executives
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Royal Bank of Canada, the country&#39;s largest bank, named TSX Group Inc. Chief Executive Officer Barbara Stymiest to a new position of Chief Operating Officer, part of a reorganization that includes replacing three senior executives.
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Northern Rock said it had taken a 281 million pound ($574 million) hit, or two-thirds of its market value, from its exposure to the credit crisis, adding to its woes as it brought in a new chief executive.
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Krispy Kreme Doughnuts Inc.  on Tuesday named new top executives, retained a financial adviser and said it was taking other steps to address its current situation.
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TORONTO (CP) - Royal Group Technologies Ltd. has removed chairman Vic De Zen and fired its chief executive officer and chief financial officer for cause.
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Bear Stearns, which bailed out two hedge funds with $1.6bn, hires a new head of asset management.
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The Canadian Imperial Bank of Commerce fired two executives at its CIBC World Markets unit as it grapples with a $9.8 billion exposure to subprime debt.
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The bank, Canadaâs fourth largest, cited turmoil in the credit markets for the charge and said it was replacing its chief risk officer and interim chief financial officer.
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A burgeoning scandal at America&#39;s second-largest financial institution that threatens to undermine the US housing market has seen two top executives forced out.
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Jeffrey B. Lane will replace a senior executive whose unit ran two hedge funds that nearly collapsed this month.
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New Century Financial fired its chief executive and an executive vice president and named its chief restructuring officer to the post of chief executive.
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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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Resignation points to potential problem for Dutch lender in keeping staff as takeover battle plays out.
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Bank of England chief Mervyn King has been reappointed for a further five years, a government spokesman said Wednesday, ending speculation over his future due to the Northern Rock bank crisis.
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THE REGION Citizens Financial Group Inc. of Providence said its director of corporate affairs, Heather Campion, is stepping down after nine years at the parent of Citizens Bank, the US retail operation of the Royal Bank of Scotland Group PLC. Campion oversaw the bank's corporate giving, lobbying, marketing sponsorships, and media relations, making her one of its highest-profile local executives ...
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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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Royal Group Technologies Ltd. received aC$312.5 million ($252 million) line of credit after the company ousted its top two executives and brought in board member James Sardo to restore confidence.
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Santander Central Hispano, Spain&#39;s biggest bank, named its finance chief Francisco Gomez-Roldan as chief executive of Abbey National after its takeover, squashing expectations