Chief Plans to Depart Bear Stearns
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James E. Cayne, the embattled chief executive of Bear Stearns, will step down after the deepest losses in the firmâs history, according to people who have been briefed on the situation.
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Enron Corp. ENRNQ.PK on Friday said  Chief Financial Officer Raymond Brown resigned to pursue other  job opportunities and will be replaced on an interim basis by  Robert Bingham.
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The leader of New York's elite securities fraud prosecution team is leaving to pursue opportunities in private practice, government officials announced yesterday.
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The president of Harvard Management Co., who came to Boston less than two years ago to take over the world's largest university endowment, will leave the job unexpectedly and return to the investment firm where he formerly worked.
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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 Friday replaced the head of its asset management business after two of the investment bank's hedge funds hit rock bottom by making bad bets on risky mortgages.
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The head of global stocks at the Citadel Investment Group, a $12 billion Chicago-based hedge fund, has left the firm, according a source.
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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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Sun-Times Media Group Inc.  on Wednesday  said Chief Executive Gordon Paris will step down by the end of  the year as the company relocates the last of its New  York-based corporate functions to Chicago.
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The bond insurer said that a former chief executive, Joseph âJayâ Brown, would replace Gary Dunton as it scrambles to maintain a top credit rating amid mortgage-related losses.
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The head of Cisco's service provider business, who was once seen as a possible successor to the CEO, is leaving the company.
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Citigroup Inc  Chief Executive  Charles Prince plans to resign this weekend, the Wall Street  Journal said, as the widening subprime mortgage crisis deals a  final blow to a reign long under attack.
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First it was the CEO -- now the CFO has left, too. What should shareholders be thinking?
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First it was the CEO, and now the CFO has left, too. What should shareholders be thinking?
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Bank president told Treasury Secretary John W. Snow that he will step down after a decade at the helm when his term expires in June.
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Bear Stearns Asset Management CEO Richard Marin is taking a stronger role in managing its two troubled hedge funds and tapped mortgage unit head Thomas Marano to save one of the funds, two sources familiar with the decision said.
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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.