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Banking, pt 3 of 4: Show us the money

Canada.com | 1 day 20 hours 23 minutes ago

Starting next week, Canadas big banks will report multibillion-dollar annual profits that are among their best ever.... (more)


Theresa Tedesco: Our banks are too innately conservative

Canada.com | 1 day 20 hours 23 minutes ago

Lets face it, Canadas major banks are too innately conservative to ever become truly global players.... (more)


Probes uncover ethical breaches at Niagara Parks Commission

Globe and Mail (Toronto), The | 1 day 21 hours 4 minutes ago

Numerous failings include untendered 25-year lease for Maid of the Mist boat tours... (more)


BUSINESS NOVEMBER 20, 2009 Goldman Holders Miffed at Bonuses Some Investors in the Stock Urge ThatMore of the Riches Be Passed Along to Them

Barron's (subscription required) | 1 day 22 hours 13 minutes ago

Some of the largest shareholders in Goldman Sachs Group Inc. have urged the Wall Street firm to reduce the size of its bonus pool, arguing that it should pass along more of its blockbuster earnings to investors, according to people familiar with the situation.... (more)


PNB for stake in Kazakhstan-based bank

Financial Express (India), The | 2 days 2 hours 14 minutes ago

Punjab National Bank plans to acquire a majority stake in a Kazakhstan-based bank to expand its presence in central Asia, its Chairman and Managing Director K R Kamath said here today.... (more)


Lehman Brothers demands young bankers repay 30,000 bonuses paid before collapse

Telegraph (London) | 2 days 2 hours 24 minutes ago

Lehman Brothers, the collapsed investment bank, is demanding a group of young would-be bankers repay £30,000 bonuses handed to them when they joined the bank in the summer of 2008.... (more)


8 jeans 'better made' than 120 jeans

Telegraph (London) | 2 days 4 hours 23 minutes ago

An £8 pair of jeans is better made and longer wearing than a £123 pair, according to rigorous testing undertaken by a PricewaterhouseCoopers.... (more)


Goldman Sachs to take out garbage at Thanksgiving

Yahoo! | 2 days 6 hours 53 minutes ago

NEW YORK ? The Salvation Army plans to serve 10,000 free dinners across the city this Thanksgiving meals planned by a star chef, cooked by one of New York's ritziest caterers and cleaned up by employees of one of Wall Street's most vilified financial firms.... (more)


Big shareholders ask Goldman to cut bonuses: report

Reuters | 2 days 7 hours 4 minutes ago

(Reuters) - Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation.... (more)


Goldman holders seek bonus pool reduction: report

Reuters | 2 days 7 hours 4 minutes ago

NEW YORK (Reuters) - Some big Goldman Sachs Group Inc shareholders have asked the U.S. bank to cut what could be the biggest bonuses in its history to pass more profit onto investors, the Wall Street Journal reported on Friday.... (more)


Stephen Foley: Shareholders should get a bonus, too

Independent (London), The | 2 days 8 hours 20 minutes ago

US Outlook: Never mind philanthropy, what about us?... (more)


Morgan Stanley Ends Costly Crescent Phase

Wall Street Journal, The | 2 days 8 hours 52 minutes ago

Morgan Stanley officially closed the book on its disastrous $6.5 billion acquisition of Crescent Real Estate Equities Co. by handing the keys to lender Barclays Capital?and the man who sold the properties to Morgan Stanley near the top of the market.... (more)


BNSF s CEO forgoing extra compensation in Berkshire Hathaway merger

Fort Worth Star-Telegram (Texas) | 2 days 8 hours 55 minutes ago

By BOB COX rcox@star-telegram.com Matt Rose, chief executive of Burlington Northern Santa Fe Corp., has formally waived his rights to collect any additional financial benefits as a result of the pending merger with Warren Buffett?s Berkshire Hathaway.... (more)


Bank loses appeal over wheelchair access case

Independent (London), The | 2 days 10 hours 13 minutes ago

The Royal Bank of Scotland has lost its appeal over a ruling that it failed to cater for the wheelchair access needs of a disabled teenager who was awarded £6,500 damages.... (more)




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