Bear Stearns leader Cayne to give up CEO post: report
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Bear Stearns Cos Inc  leader James Cayne will relinquish his title as chief executive, but remain chairman, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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Barclays Capital said its co-president, Grant Kvalheim, had resigned and would leave at the end of the first quarter.
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Bear Stearns Cos Inc  on  Tuesday turned to its star investment banker, Alan Schwartz, to  replace James Cayne as chief executive and revive the company's  badly damaged mortgage franchise.
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Walt Disney Co. Chief Executive Michael Eisner said he expects to leave the board when he steps down as CEO in 2006, ending speculation that he would switch roles and become chairman of the company.
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Fannie Mae will announce tonight that chairman and chief executive Franklin D. Raines has resigned, according to two sources familiar with the decision. The action comes just days after U.S. securities regulators confirmed that the mortgage industry giant had made serious and costly errors of financial reporting, according to two sources familiar with the decision.
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Bear Stearns CEO reportedly to be replaced by the firm's president, Alan Schwartz.
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Swiss bank UBS plans to remove its chief executive Peter Wuffli and is expected to replace him with his deputy, The Wall Street Journal reported Thursday on its website.
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Two Bear Stearns Cos.  hedge  funds that invested heavily in securities backed by subprime  mortgage loans are close to being shut down as a rescue plan is  falling apart, The Wall Street Journal Online reported on  Wednesday.
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Jack London, the longtime chief executive of CACI International who some describe as the consummate government contracting insider, will give up day-to-day control of the firm, the Arlington-based technology company announced yesterday.
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(1010 WINS) (NEW YORK) Marsh and McLennan&#39;s chairman and chief executive Jeffrey Greenberg will step down this morning, according to a published report.
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Federal prosecutors are talking to  high ranking officials at Bear Stearns Cos Inc  after  the collapse of two hedge funds last summer, and an indictment  of the firm is possible, CNBC's reporter Charlie Gasparino said  on Thursday.
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Financier Carl Icahn ended his bid for Reckson Associates Realty Corp. , the Wall Street Journal reported on its Web site on Tuesday, a move that illustrates the difficulty activist shareholders face in challenging management.
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Investment bank Bear Stearns Cos. Inc. , one of the nation's largest mortgage bond underwriters, said on Thursday quarterly earnings fell by a third as trouble in the mortgage market hurt bond trading revenue and it wrote down assets at a stock trading venture.
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NEW YORK -(Dow Jones)- JPMorgan Chase &amp; Co. &#39;s (JPM) chief financial officer, Dina Dublon, will resign at the end of the year and be replaced by Michael Cavanagh , currently head of middle market banking.
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Former press baron Conrad Black will quit as chairman and chief executive of his Canadian holding company, Hollinger Inc. (HLGc.TO: Quote, Profile, Research) , to
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Bank of America Corp , the second-largest U.S. bank, plans to lay off 3,000 people in its corporate and investment banking unit, including its chief, the Wall Street Journal reported Wednesday, citing people familiar with the situation.
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NEW YORK -- BlackBerry maker Research In Motion Ltd.'s co-chief executive will give up the chairman's post after an internal probe identified a quarter-billion dollars in improper accounting for employee stock options at the mobile device company.