N.Rock takes $574 mln credit market hit, names CEO
612957
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.
178473
Citigroup Inc. (CN: Quote, Profile, Research) on Monday said one of its fast-rising executives, Sallie Krawcheck, will take over the No.
730928
The flurry of activity  between Hollywood and Wall Street shows no sign of abating. New  Line Cinema is the latest to get into the game with the  announcement Wednesday of a $350 million film financing  arrangement with the Royal Bank of Scotland -- a longtime  banking partner of the Time Warner subsidiary.
103337
Northern Rock, one of Britainâs biggest casualties of the credit crisis, sold part of its mortgage portfolio to JPMorgan as it seeks to repay about Â£25 billion, or $49 billion, in emergency financing.
311427
The Bank of England has offered an emergency loan to Northern Rock  after the mortgage lender became the biggest British casualty so far of the credit squeeze sparked by the crisis in U.S. subprime mortgage markets.
80604
Northern Rock said Thursday that chief executive Adam Applegarth, who had previously announced his resignation, had left the company.
47042
Top global miner BHP Billiton Ltd.    named insider Marius Kloppers as its new chief  executive, replacing Chip Goodyear, as markets bet on a rash of  mega-mergers amid an unprecedented commodities boom.
465792
Yellow Roadway Corp. said Friday that it received a five-year, $500 million credit line from JP Morgan Chase &amp; Co. The less-than-truckload shipping company, which consolidates freight from multiple customers
443473
Troubled lender said to be undercapitalized; to issue mix of convertible and non-convertible shares. NEW YORK  - Fannie Mae, the largest US home financier whose top two executives left under fire
461296
SunTrust Banks Inc. (STI.N: Quote, Profile, Research) , the No. 7 US bank, fired its chief credit officer and two other finance executives after finding numerous errors
488760
Citigroup Inc., the world&#39;s biggest bank, named Sallie Krawcheck chief financial officer and head of strategy, making her the highest-ranking woman on Wall Street.
623923
The River Rock Entertainment Authority (the "Authority"),  the operator of the River Rock Casino in Sonoma County, California,  today announced that it has reached an agreement with the Dry Creek  Casino, LLC to buy-out the remaining portion of credit enhancement fees.
509117
The Office for National Statistics announced Thursday that the country's public finances data would incorporate the liabilities of the crisis-hit bank Northern Rock.
628979
IAC/InterActive Corp., owner of the Home Shopping Network and Ticketmaster, said Tuesday that it appointed Thomas J. McInerney to succeed Dara Khosrowshahi as chief financial officer, effective Jan. 1. McInerney
50358
BHP Billiton, the mining company, chose the head of its copper and aluminum division, Marius Kloppers, to succeed its American chief executive, Charles W. Goodyear, when Mr. Goodyear steps down Oct. 1. Mr. Goodyear has overseen a wave of record-setting earnings since taking charge of the company in 2003 as the company benefited from a China-led boom in demand for iron and other metals. But in the last two years, soaring prices for copper have fueled BHPâs results. Mr. Kloppers, a 44-year-old South African, played a crucial role in BHPâs merger with Billiton in 2001 and in the $7.6 billion takeover of WMC Resources in 2005.
14248
Capital markets losses offset solid revenue growth in most businesses at the bank, which posted net income of $3.7 billion.
176966
Kmart Holding Corp. has named a restaurant and branding expert as its new president and chief executive officer. The Troy retailer announced this morning that Aylwin Lewis would join the discount retailer from YUM!