Northern Rock chief leaves firm
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Beleaguered bank Northern Rock says its chief executive Adam Applegarth has left the firm.
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The chief executive and chief finance officer of America&#39;s second-largest financial institution, mortgage provider Fannie Mae, have stepped down following a row over accounting irregularities.
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The nationalisation of Northern Rock looks less likely after the government decides on financial support.
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Â·  Chief negotiator resigns after rift on strategyÂ·   Doubts surround future of foreign minister
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Production giant's chief creative officer stepping down.
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The outgoing chief executive of Australian telecommunications giant Telstra said his departure was sparked by differences between him and the companyâs board of directors.
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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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British finance minister Alistair Darling announced on Sunday the temporary nationalisation of troubled bank Northern Rock, which was hit by the global credit crunch in August.
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Sir John Bourn, the guardian of the public purse, who was criticised over his expenses bills, to step down.
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Applegarth leaves with immediate effect as bank hopes new CEO will help it reverse its fortunes.
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Business & money: Northern Rock's chairman, Matt Ridley, will leave the troubled company without a 'golden goodbye'.
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Chris Stone, second in command to CEO Jack Messman at Novell, has abruptly left the company he helped reinvigorate through the endorsement of Linux and the acquisition of SUSE Linux AG.
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Richard Notebaert said Monday he will leave as chairman and chief executive officer after the board had chosen a replacement.
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Troubled bank Northern Rock will be taken into public ownership, the BBC's business editor reports.
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The retailer's CEO steps down amid a shakeup in operations.
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HONG KONG (Dow Jones)--The chief executive of Standard Chartered PLC&#39;s (STAN.LN) Hong Kong operations, Peter Wong, has resigned, a bank spokeswoman said Monday.
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LONDON, Feb. 17 -- Treasury chief Alistair Darling said Sunday that struggling bank Northern Rock will be nationalized, after the government rejected two private takeover bids.