At HSBC, Eldon plans departure
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HSBC Holdings, Europe&#39;s biggest bank by market value, said Monday that David Eldon would retire as chairman of Hongkong and Shanghai Banking Corp.
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Jardine Lloyd Thompson, the country&#39;s biggest insurance broker, issued a swingeing profits warning yesterday and announced its chief executive had quit.
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Korea First Bank, South Koreaâs eighth-largest lender, said it would make an announcement on Friday regarding a stake sale, with global banking giant HSBC Holdings Ltd.
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HSBC Holdings Plc&#39;s  U.S.  subprime unit scheduled a management conference call with its  staff on Friday amid concern about layoffs and even a winding  down of operations, two employees at the unit said.
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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.
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The head of Microsoft's Business Division is leaving the company, to be replaced by former Juniper Networks COO Stephen Elop in September.
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NEW YORK/BOSTON  - Mohamed El-Erian, the highly regarded emerging markets specialist who manages Harvard University's $34.9 billion endowment, on Tuesday said he is resigning from the job after less than two years to return to bond-fund giant PIMCO as co-chief executive.
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Bruce Jaffe, who spearheaded the software giant's acquisitions activity, will leave the company in February.
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HSBC Holdings Plc's  U.S. subprime unit scheduled a management conference call with its staff on Friday amid concern about layoffs and even a winding down of operations, two employees at the unit said.
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The chief exec of SCO will leave once it reorganizes through a deal with Stephen Norris & Co. Capital Partners.
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AOL said yesterday that its chief financial officer, Stephen Swad, plans to leave the firm for a position at a private-equity firm.
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Beleaguered bank Northern Rock says its chief executive Adam Applegarth has left the firm.
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The deterioration in the U.S. mortgage market forced the departures of two top executives at HSBC Holdings.
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HONG KONG - Standard Chartered PLC said Monday its chief executive in Hong Kong has resigned, less than a week after the British-based bank said it was laying off 200 local employees.
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A press conference is expected to announce a member of children's entertainers The Wiggles is leaving.
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The head of North American operations at HSBC quits a week after it warned on profits at its US housing business.
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David Eldon will retire next year as chairman of the Hongkong and Shanghai Banking Corp. Ltd. and the Hang Seng Bank, HSBC Group, one of the world's largest banking and financial service organizations, said Monday.