Australia"s ANZ fired senior executives due to bad banking behavior: CEO
Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday......»»
The pandemic has changed banking trends — local bankers weigh in on what they"re seeing
Consumer behavior was already shifting before the pandemic, but Covid-19 had a way of accelerating what was, and now, what will be for local banks......»»
Credit Suisse Prime Brokerage Heads Fired Over Archegos Blowup
Credit Suisse Prime Brokerage Heads Fired Over Archegos Blowup Apparently, firing half a dozen executives including its .....»»
The Wall Street Journal: Top CEOs signal they won’t back down from defense of voting rights
Dozens of chief executives and other senior leaders gathered on Zoom this weekend to plot what several said big businesses should do next about new voting laws under way in Texas and other states......»»
Credit Suisse execs to depart as bank details Archegos losses - sources
Credit Suisse will announce the departure of two senior executives and detail how much it expects to lose through its exposure to family office Archegos Capital in an investor update Tuesday, sources familiar with the matter said......»»
F5 appoints two new senior executives, Yvette Smith and Gail Coury
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Black female Amazon manager sues, alleging sexism and racism. She says she was paid less, criticized as ‘too direct,’ ‘aggressive.’
Charlotte Newman, a Black senior manager at Amazon.com has sued the e-commerce giant, claiming she was paid less than similar qualified white peers and that executives used racial stereotypes to justify denying her promoti.....»»
What"s Going On At Goldman? Another Senior Exec Just Jumped Ship
What's Going On At Goldman? Another Senior Exec Just Jumped Ship In the last few days, Goldman Sachs has lost two very senior executives from the investment bank's two biggest bets on the future - consumer finan.....»»
In letter to executives, Pimco"s women employees allege discrimination: WSJ
Current and former women employees of Pacific Investment Management Co. have alleged in a letter to the bond giant's top executives that there's a pattern of abusive and discriminatory behavior toward women, u.....»»
The Wall Street Journal: High-ranking company executives among employees being fired after participating in riot inside U.S. Capitol
In the wake of the riot at the Capitol, companies moved to cut ties with President Trump and his supporters and fired workers who participated......»»
Australia"s Westpac admits to breaches of money-laundering laws
Australia's Westpac Banking Corp said in a defence filing in Federal Court on Friday it was admitting to a number of failures in a case where it has been accused of 23 million breaches of anti-money laundering and counter-terrorism laws......»»
Pandemic sparks new business aimed at helping construction companies avoid contagion
JobSiteCheck.com executives are banking on their approach's simplicity and exclusive focus on the construction sector......»»
Luckin Investors Get the Caffeine Headache They Paid For
The ritual sacrifice of a couple of senior executives won’t cure the jitters from this scandal......»»
Pittsburgh Penguins to furlough workers for at least four months
The Pittsburgh Penguins announced it would be placing some of its staff on a four-month leave of absence program due to economic impacts caused by Covid-19. Penguins president and CEO David Morehouse will take a 50% pay cut while other senior executives a.....»»
George Pell, a former advisor to Pope Francis and Australia"s most senior Catholic cleric, knew about child sex abuse within the Catholic Church for decades, report alleges
WILLIAM WEST/AFP/Getty Images An unredacted report by Australia's royal commission released on Thursday local time alleges that George Pell, a former advisor to Pope F.....»»
Hertz to restore executive pay amid heavy workload as it looks to dodge a default
Hertz Global Holdings Inc. disclosed Tuesday that it was restoring the salaries of senior executives to pre-COVID-19 levels, given the heavy workload required as the car rental company looks to fend off a default......»»
HBR: Make the right personnel decisions now to thrive after the crisis
Senior executives who are looking to make the right personnel moves during this crisis should make decisions that fall in these categories......»»
Hubbell reduces senior executive salaries by 25%, other executives by 15%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Yum China senior executives to voluntarily take pay cuts
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Alibaba demotes top executive after probe into behaviour: source
Chinese e-commerce giant Alibaba Group Holding Ltd has demoted Jiang Fan, one of its most senior executives, after an internal investigation into allegations of improper behaviour, according to a person familiar with the matter......»»
Werner senior executives to voluntarily take temporary pay cuts
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»