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Category Archives: Change Management
Secure Your Value to Your Team: Build Trust at Work, Part 8
Securing information to secure your own value is nothing but a fallacy.
Use People the Way They Want to Be Used: Build Trust at Work, Part 7
4 Questions to Build Trust and Have Your Expectations Met
Every day, from the time we wake up and our feet hit the floor, we are managing expectations. Expectations others have of us. And, expectations we have of them.
Yahoo's Marissa Mayer Could Rebuild Trust. Here's how.
Photo Courtesy: Giorgio Montersino
Under CEO Marissa Mayer, in the last year more than one-third of Yahoo's employees have parted ways with the company – either voluntarily or involuntarily. In the coming months, another 15% of Yahoo's workforce is slated to be fired.
Or, as Mayer prefers to say – "remixed."
"Ms. Mayer has steadfastly refused to use the word "layoff" to describe the thousands of jobs eliminated since she joined the company," reported The New York Times. "She even forbade her managers from uttering what she called "the L-word," instructing them to use the term "remix" instead."
Mayer's termination policies have caught the attention of courts in California, where Yahoo is headquartered. Under California law, companies engaging in mass layoffs are required to give employees 60 days advance notice. Despite the large numbers of employees it's forced to leave its ranks, reports are that Yahoo has provided no such notice.
If the courts determine Yahoo's been conducting mass layoffs under the guise of performance-based terminations, thousands of former Yahoo employees will be eligible for back pay and damages. If the courts decide in Yahoo's favor?
Yahoo – and Mayer – still face an uphill battle in the court of public opinion:
- "Yahoo's Marissa Mayer Has An 'Invest/Maintain/Kill' List" (Fortune)
- "How Marissa Mayer is Spinning Yahoo's Layoffs" (Inc.com)
- "Yahoo's Marissa Mayer has a list of layoffs…but will she end up on it?" (Vanity Fair)
Clearly, Mayer – and by proxy Yahoo – have a trust problem. When it comes to the viability of an organization, compromised trust is the canary in the coal mine. Why?
Because business is conducted through relationships, and the foundation of effective relationships is trust.
The question is, can Mayer rebuild trust in her leadership and throughout Yahoo? In our nearly 25 years of experience in rebuilding workplace trust with leaders around the world, the answer is yes…if Mayer demonstrates a sincere commitment to leading her people through the following steps:
Step One: Observe and Acknowledge
Turning around an environment struggling with trust starts with honest reflection, courageous examination, and assessment. It takes courage to take stock of where trust stands and acknowledge the specific behaviors that caused trust to erode and for relationships to head south.
This isn't the time for generalities and labeling. It's not the time to attack character. This first step is to assess and acknowledge the behaviors that broke trust in the first place, and how those actions impacted people's lives. After all, what's not acknowledged can't be restored.
Step Two: Allow Feelings to Surface
Trust is emotionally provocative. When people experience trust being eroded, they feel it. Consider the last time your trust took a hit at work. What emotions surfaced?
People tell us when trust is compromised they feel everything from frustration, to anger, to devastation. They feel loss – the loss of their energy, focus, and productivity. And, in cases such as this, the loss of their relationships, particularly with people they've worked closely.
Often, the people who've been laid off are people others have cared about. People they've collaborated with…gone to the wall with…been with through thick and thin. When those people leave, it hurts. There is a loss, and with loss comes emotion.
In an environment of layoffs, people also tell us they feel vulnerable and fear for their jobs. Instead of stepping up to meet current demands, they withdraw. In these situations, people need a safe container to vocalize their concerns and discuss vulnerabilities constructively. They need support to move through the impacts of eroded trust, embrace the changes, and prepare to move forward.
Step Three: Get Support
We've seen people rebound, grow, and even prosper through broken trust…with support.
People can actually benefit from what disappointed them and took them down.
When trust is compromised (whether at work or at home), people – you – need support from impartial and objective confidants. Judging, criticizing, or heaping blame on the person who made trust vulnerable isn't what's needed. While those actions may be an easy default in the short term, they'll only trap people dwelling in the past.
What's most valuable at this time is perspective…exploring options…gaining an objective understanding of the bigger picture and working through doubt, confusion, and frustration.
Step Four: Reframe the Experience
With objectivity comes the ability to reframe experiences of broken trust within a larger context. Through looking at the extenuating circumstances that contributed to the break down, people can begin to shift from blame to problem solving. They can see options to move forward.
They may even begin to view the person who broke their trust through the lens of compassion, rather than blame.
Reframing helps people transform their traumatic experiences to opportunities for learning and growth for everyone involved. People can look at what they have, what they've learned, and how – as a group – they've even benefitted from what's happened.
In our work, we've seen it time and again. When people are appropriately supported to reframe, they discover fresh appreciation for one another, both as colleagues and as human beings. They gain greater insight into what they truly need to from one another to do their best work, and learn how to deliver on those needs.
Instead of trying to trying to distance themselves from their situation, they step into it begin to leverage it.
Step Five: Take Responsibility
When people are suffering within a lower trust culture, it's normal for them to project their negative feelings onto others – to lay blame and sidestep responsibility. However, people who successfully rebuild trust take ownership of their behavior in response to the conditions they are facing.
They ask themselves, 'what can I do now to take charge of my situation? What I might be doing to contribute to a downward spiral of trust? Am I pointing the finger? Am I painting other people in black-and-white terms, as 'all wrong' or 'all bad?' Am I talking about – rather than with – people when I have concerns?'
The truth? Even if not responsible for what happened, we all have responsibility for how we respond.
Step Six: Forgive
When people don't forgive one another, they cling to their anger, resentment, and bitterness like a security blanket. We often hear people talking about a breach of trust that happened 5, 10, 15 years ago.
No matter how egregious they were, hanging onto past hurts doesn't help you…or anyone else.
Learning to forgive releases people from this pattern of negative behavior and allows them to approach others with a sense of compassion. Forgiveness is less about letting the other person "off the hook," and more about freeing oneself from the baggage of negativity, bitterness, and blame.
Forgiveness is a gift you give yourself.
Step Seven: Let Go and Move On
In this final stage, people are supported to accept the situation without blame. They look back over their experience, reflect on the lessons they learned, and think about what behaviors they can practice to ensure a healthier, more productive working environment in the future.
We are not here to judge or criticize Mayer's decisions, words, or actions. However, we can use the impression of broken trust as an opportunity to learn.
The truth?
We all find ourselves up against a wall at some point in time as the result of what has happened either to us or around us.
What we do when we're up against the wall is what builds trust…or breaks it.
Final note: Using these Seven Steps for Rebuilding Trust, we've seen people in a multi-billion dollar communications firm completely transform their relationships – both within top leadership, and throughout the company. Through taking responsibility to rebuild trust, these people repaired severely damaged management/employee relationships in time to successfully navigate a major change initiative.
In their own words:
- "Relationships can overcome betrayal."
- "This process can and has made relationships stronger."
- "The good results we have as a team and as individuals are linked to the level of trust we have in the team."
- "I got my power back."
Yours in trust,
Michelle Reina

subset: commoncrawl


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Study programmes in the Palais de l'Europe
Talk to the experts
The Palais de l'Europe is the Council of Europe's principal building and the perfect place to meet people working on human rights, democracy and the rule of law.
The Council of Europe offers study programmes tailored to meet the needs and interests of university students, teachers, lawyers, professional associations, diplomatic delegations and ministry official.
A study programme includes a visit to the Hemicycle, and a lecture on the political role of the Council of Europe. It lasts approximatively two hours.
A lecture or discussion on a specific aspect or area of the Council of Europe's work can also be offered.
Your tour will be in English, French or German, and lectures can be arranged in any one of the languages of the Council of Europe's member States.
Contact the Visitors' Service of the Council of Europe to find out more >
Terms and conditions
Contact the Visitors' Service of the Council of Europe to book your study programme.
Groups must comprise at least 15 persons (booking by telephone or e-mail).
The Palais de l'Europe is open to visitors from Monday to Friday. It is closed at weekends and on French national holidays.
The study programmes are fully accessible to people with reduced mobility.


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Welcome to the Farr Law Firm, home of Certified Elder Law Attorney and four-time Best-Selling Author Evan H. Farr, creator of the Living Trust Plus®; Medicaid Asset Protection Trust, the Living Trust Plus® Veterans Asset Protection Trust, and the Living Trust Plus® Income Retention Trust, and one of the leading Elder Law, Medicaid Planning, Veterans Planning, Estate Planning, and Asset Protection Attorneys in Virginia, DC, and Maryland, and one of the foremost legal authorities in the Country in the field of Medicaid Asset Protection, Veterans Asset Protection, and related Trusts. The Farr Law Firm focuses on all aspects of Elder Law, Estate Planning, Disability and Special Needs Planning, Probate, and Trust and Estate Administration. Please educate yourself by perusing or searching through our vast library of information and articles on hundreds of topics related to these practice areas, or just give us a call to schedule an introductory consultation. We have four locations to serve you throughout Virginia, Maryland, and DC — call us at our Virginia Elder Law Fairfax office at 703-691-1888, our Virginia Elder Law Fredericksburg office at 540-479-1435, our Maryland Elder Law office at 301-519-8041, or our DC Elder Law office at 202-587-2797 to schedule an appointment. Click here for contact information or directions.
Our firm is dedicated to helping protect seniors and their families by preserving dignity, quality of life, and financial security. Evan is the National Best-Selling Author of four books in the field of Elder Law, all of which provide valuable information and guidance to families facing concerns about nursing home care and other long-term care, and struggling to make the best decisions for themselves or their loved ones:
- Protecting Your Assets from Probate and Long-Term Care: Don't Let the System Bankrupt You and Your Loved Ones;
- How to Protect Your Assets From Probate PLUS Lawsuits PLUS Nursing Home Expenses with the Living Trust Plus;
- Nursing Home Survival Guide; and
- Protect & Defend, which Evan authored along with a host of other top attorneys across the country.
Click the video screen below to watch Evan's highly recommended 2-hour educational video about Estate Planning, Elder Law, and Medicaid Asset Protection Planning, and explaining about our firm's four Levels of Lifetime Protection Planning:
Using a holistic and often proprietary approach, our firm uses a vast knowledge, understanding, and deep respect of the elderly to help our elderly clients obtain the highest quality care at the lowest possible cost, which typically involves protecting assets in order to become eligible to have Medicaid and/or Veterans Aid and Attendance benefits pay for the appropriate level of care — be it home health care, assisted living care, or nursing home care.
Unfortunately, Medicaid eligibility rules are the most complex and confusing maze of legal rules in existence. The United States Supreme Court called the Medicaid laws "an aggravated assault on the English language, resistant to attempts to understand it." Schweiker v. Gray Panthers, 453 U.S. 34, 43 (1981), and the United States Court of Appeals for the Fourth Circuit (just below the U.S. Supreme Court), in a case arising out of Virginia, called the Medicaid Act one of the "most completely impenetrable texts within human experience" and "dense reading of the most tortuous kind." Rehab. Association of Virginia v. Kozlowski, 42 F.3d 1444, 1450 (4th Cir. 1994). Veterans Aid & Attendance rules are likewise also exceedingly complicated and often treacherous to navigate.
Let the experienced estate planning attorneys and elder care lawyers at the Farr Law Firm provide you with expert and specialized asset protection planning and in-depth representation in connection with Medicaid and Veterans Aid & Attendance benefits, so you don't wind up possibly spending your entire life savings on long-term care, unnecessarily jeopardizing your future care and well-being, as well as the financial security of your family.
Click here to read our Google Reviews
Meet Attorney Evan H. Farr
Biography of Evan H. Farr, Certified Elder Law Attorney
In practice since 1987, Attorney Evan Farr is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia and one of the foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan is also licensed to practice in Maryland and the District of Columbia. Evan Farr has been quoted or cited as an expert by numerous sources, including:
- The Washington Post
- Newsweek Magazine
- Northern Virginia Magazine
- Trusts & Estates Magazine
- The American Institute of Certified Public Accountants
- The American Bar Association
Evan has also been featured as a guest speaker on numerous radio shows, including WTOP and Washington Post Radio. Evan has been named by SuperLawyers.com as one of the top 5 percent of Elder Law and Estate Planning attorneys in Virginia every year since 2007, and in the Washington, DC Metro Area every year since 2008. In 2011, Evan was named by Washingtonian Magazine as one of the top attorneys in the DC Metropolitan area, by Northern Virginia Magazine as one of the top attorneys in the Northern Virginia area, and by Newsweek Magazine as one of the top attorneys in the country. Evan is a nationally renowned author and frequent educator of attorneys across the United States. As an expert to the experts, Evan has educated tens of thousands of attorneys across the country through speaking and writing for numerous national legal organizations such as the National Academy of Elder Law Attorneys, the American Law Institute-American Bar Association, the National Constitution Center, myLaw CLE, the National Business Institute, the Virginia Academy of Elder Law Attorneys, the Virginia Bar Association, Virginia Continuing Legal Education, and the District of Columbia Bar Association. [Read more]
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Amtrac's original production I'm All Yours from his debut album Came Along now has an official video. Directed by Corey Damon Black and Caleb Cornett, I'm All Yours features a deep and eerie original score from Amtrac.
Tuesday, February 14, 2012
I'm All Yours (Official Video)
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Hello Friends,
In response to the many requests that I receive for ideas to motivate and reward employees, I've compiled a list of Team Building Activities, Incentives, and Reward Tips and Ideas.
For ideas and tips on how to have a happier and more productive dental team, please visit here: A Happy Dental Team is not just a dream!
Of course, in order to have a truly happy and productive team, it starts with you!
Set the Example – Lead by example. Treat your employees how you would like them to treat your best patient! If you want to see positive change in your practice, you must consistently lead by example. It starts at the top. You set the tone for the day, make certain that it's a happy & productive one.
Work Hard, Have Fun, Create Beautiful Smiles.
Have FUN! – Have more fun in your office with Team Building Activities and Events!
Here are some ideas to get you started…
In Office Fun: Potluck lunch, Ice Cream Truck, Carry out lunch (team choice), Crafts, Games, & Puzzles. Make little gifts that you can give out to your patients at their appointments.
Purchase a Team Building Activity book such as: Quick Team-Building Activities for Busy Managers: 50 Exercises That Get Results in Just 15 Minutes.
These articles have some really good ideas for team building activities: Six Quick Teamwork Games to Engage Employees at Work and this one: When I work – Team Building Games
Fun with Social Media – Utilize your social media pages to show your patients and potential patients what a fun office you have.
Videos – post fun team videos on your office social media pages.
Pictures – take fun/silly pictures with the team and your patients to share on social media, your website, and in newsletters.
Fun Dress Up/Theme Days –
What: Decorate the office, team dresses up, small prize giveaways and snacks.
Theme Ideas: Luau, Decades, Superhero, Disney, Western, Carnival, Sports teams, Pajama Day, Silly hats/hair/socks, Etc. (visit party & dollar stores or orientaltrading.com for a ton of theme ideas)
Creativity – Brainstorm sessions with prizes for marketing ideas, solutions to improve office efficiency, and how to have more fun as a team.
Book Club – Purchase team building/self-improvement books for your team. During a team meeting, discuss portions of the book. Or purchase electronic devices such as a Kindle Fire for each employee and download books that can be discussed during a "book club team meeting".
Team Building Book Suggestions:
Move Your Bus – Ron Clark
FISH! – Stephen C. Lundin and Harry Paul
Fun Is Good – Mike Veeck & Pete Williams
The Energy Bus – Jon Gordon (Actually, ALL books by Jon Gordon!)
Our Iceberg is Melting – John Kotter
Who Moved my Cheese? – Spencer Johnson, MD
Everything is Marketing – Fred Joyal
The Go-Giver – Bob Burg and John David Mann
How to Win Friends and Influence People – Dale Carnegie
Full Steam Ahead – Ken Blanchard
Million Dollar Dentistry – Gary Kadi
Be Our Guest – The Disney Institute and Theodore Kinni
Start with Why – Simon Sinek
Any other books that I should add to the list? Please message me or comment here and I'll be sure to add to the list as soon as I read it.
Incentives/Rewards – Sometimes unexpected rewards work better than expected monthly bonuses for reaching goals. Every office is different, so if you have something that is working well for you and your team, by all means, continue doing it. However, if you would like some reward/incentive ideas for reaching daily/weekly/monthly production, collection, new patient, service/product, social media and other goals but want to keep the rewards unexpected or more spontaneous, here you go…
In addition to simple, yet appreciated, thank you cards; Spa Gift Card, Cash, Lunch/Breakfast, Purse/Tote bag, Gift Baskets, Plants/Flowers, Jewelry, Movie/Theater Gift Cards, Tickets to Game/Concert, Amusement Park tickets, Restaurant gift card, Gas cards and Car Wash Gift Cards.
If you would like even more ideas, be sure to follow this Pinterest Board: Employee Appreciation Gifts & Meeting Activities / Team Building Activities
Outside the office Fun: Bowling, Paint a Canvas, Shopping, Dinner, Cooking Class, Wally Ball, Baseball Game, Spa, Escape Room, Field Day (Team up with other offices), Concert, Skating, Batting Cages, Mini Golf, Pottery Class, Theater, Pool party, Skiing, Nature hike/walk, Etc.
Continuing Education – Continuing education, not just for the providers but for the entire team is a wonderful way to ensure practice growth. Not to mention, it's a great team-building experience, one that will give you a happier and motivated team. You can do this with in-office training, webinars, lunch and learns, and seminars/classes outside of the office.
Consider incorporating a dental continuing education class with a fun event, for example, CPR Course and Pool Party.
If you really want to have some FUN continuing education, take your team to TBSE! Have you heard about The Best Seminar Ever? Better known as TBSE? Seriously, I attended TBSE last year and it absolutely was the best seminar I have ever been to. If you're ready to boost your team and take your practice to the next level, please check it out here: TBSE -The Best Seminar Ever
Community Involvement – Visit the local farmers market, art/street fairs, Races/Run/Walk for-a-cause, Fundraisers, Parades, Etc. Be active in your community. Pass out freebies imprinted with your office information to the people attending these community events. Be sure to take pictures of you and your team out and about in the community and share to your social media pages and website.
"People rarely succeed unless they have fun in what they are doing." ~ Dale Carnegie
It is my wish that these ideas and tips will help you and your team experience greater happiness at work. If you have any other ideas or things that have worked well in your office, I would love to hear about them. If you have any questions or concerns about what you've read today, please contact me at email@example.com.
Have you signed up to receive my complimentary dental marketing and practice management ideas that are sent right to your email inbox each month? If not, take a second and sign up. Or send me your email address and I will send you an invite to follow. This way, you won't miss a single idea!
Yours for Greater Success,
P.S. Please stop by and say hello to me on Facebook, Twitter, Instagram, LinkedIn and Pinterest


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Activist Post
March 20, 2012
On March 6, 2012, I wrote an article entitled "Mass Banking Resignations Signal A Purging Has Begun?" where I included a list of banking directors, CEOs, and board members of both national and international financial institutions standing who have resigned from their post since September 2011. The data was collected and compiled by independent blog American Kabuki and posted online complete with a description of the individual, location, and link to the resignation announcement where it was covered in the mainstream media.
At the time my article was posted, the list had already topped 122. This prompted many, including myself, to question whether or not 122 was actually such a large number, given that there are many national and international institutions across the globe, as well as the fact that these resignations took place within a span of a period of about five months.
Certainly, the number seemed enormous.
At the time my article was posted, the list had already topped 122. This prompted many, including myself, to question whether or not 122 was actually such a large number, given that there are many national and international institutions across the globe, as well as the fact that these resignations took place within a span of a period of about five months.
Certainly, the number seemed enormous.
Apparently American Kabuki had the same questions. Only a few weeks after the initial posting, the blogger posted a chart that included the number of resignations filed with the SEC, as required by the Securities Exchange Act of 1934, going back to 2008 and in to the fourth quarter of 2011. Tracing the resignations back to 2008 would, obviously, provide something close to a representative sample of the normal rate of resignation over a period of three years.
What these statistics revealed was a staggering increase in the number of resignations announced around the second and third quarters of 2011.
What these statistics revealed was a staggering increase in the number of resignations announced around the second and third quarters of 2011.
I included this chart, along with some commentary, in my article "Why Are Bankers Jumping Ship In Record Numbers, Financial Collapse Imminent?" Please see this article in order to understand the specifics of the statistics presented by American Kabuki's research. Or, view American Kabuki's own presentation here.
However, chart or no chart, the recently revised number regarding resignations from financial firms, banks, etc. seems to put many of the questions to rest.
Indeed, a recent post by American Kabuki now shows that the number of resignations stand at 358, almost triple the number originally posted.
The revised list of resignations will be included at the end of this article along with the links to the announcements.
With all of this in mind, and, if the research provided by American Kabuki is correct, then the only question really left for us to ask is "Why?"
Why are so many bankers, CEOs, fund managers, and investors resigning all at once? Why now?
One might be tempted to ask whether or not there is a coming investigation that these individuals are trying to avoid but, given the track record of the regulatory system, this is not our most likely option. Considering the current state of the economy, it might seem more logical to ask if these individuals are not trying to abandon ship before the collapse of the world financial system finally takes place.
Or it could be something entirely different. At this point, we simply do not know. Regardless, something big is obviously happening in the financial world and the forces behind it are acting on information that the general public is unaware of.
The revised list of resignations will be included at the end of this article along with the links to the announcements.
With all of this in mind, and, if the research provided by American Kabuki is correct, then the only question really left for us to ask is "Why?"
Why are so many bankers, CEOs, fund managers, and investors resigning all at once? Why now?
One might be tempted to ask whether or not there is a coming investigation that these individuals are trying to avoid but, given the track record of the regulatory system, this is not our most likely option. Considering the current state of the economy, it might seem more logical to ask if these individuals are not trying to abandon ship before the collapse of the world financial system finally takes place.
Or it could be something entirely different. At this point, we simply do not know. Regardless, something big is obviously happening in the financial world and the forces behind it are acting on information that the general public is unaware of.
List of resignations as compiled by American Kabuki:
- 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
http://goo.gl/NdW7q - 9/06/11 (BELGIUM) Dexia confirmed that its CEO Stefaan Decraene had left the company. Its exposures to sovereign debt in the PIIGS nations are larger than its core Tier 1 capital.
http://goo.gl/vuhvd - 9/09/11 (GERMANY) European Central Bank (ECB) governing board member Jürgen Stark, who has resigned
http://goo.gl/t83S4 - 9/12/11 (HONG KONG) HSBC Group Hang Seng Bank Non-Executive Director Mark McCombe resigns
http://goo.gl/mCTgi - 9/14/11 (USA NJ) Columbia Bank CEO Raymond G. Hallock Announces Retirement
http://goo.gl/UjUZY - 9/14/11 (NEW ZELAND) AMP NZ Office Limited (ANZO), Mark Verbiest has resigned as a director. His resignation arises due to his desire to devote the necessary time and energy to his prospective new role as Chairman of Telecom, assuming the Telecom demerger is sanctioned by Telecom shareholders.
http://goo.gl/LjSI0 - 9/15/11 (USA NY) Morgan Stanley, Chairman John Mack resigns
http://goo.gl/jWWv7 - 9/18/11 (JORDAN) Central Bank governor Faris Sharaf resigns over policy
http://goo.gl/8yU5N - 9/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
http://goo.gl/Dx8qs - 9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perry resigned
http://goo.gl/Qx0Va - 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
http://goo.gl/WCeqB - 9/25/11 (USA CA) Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company http://goo.gl/24aAU
- 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
http://goo.gl/7dNiD - 9/29/11 (JAPAN) BLIFE Investment Corporation, Asset Manager Director Masaomi Yamadaira resigned.
http://goo.gl/Vsmk3 - 9/29/11 (UK) Barclays, Head of UK & European Retail Banking Deanna Oppenheimer resigned.
http://goo.gl/o63jO - 9/29/11 (USA NM) New Mexico Pension Fund Director Terry Slattery Resigns
http://goo.gl/BzLn4 - 9/30/11 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Ms Tang Buck Kiau resigned.
http://goo.gl/VGxjv - 10/01/11 (USA MO) Federal Reserve Bank of Kansas City President Thomas M. Hoenig retired on Oct. 1, 2011
http://goo.gl/B8WK7 - 10/03/11 (INDIA) The of Euram Bank Asia, president Arun Panchariya, has resigned after being implicated in a stock trading scandal in India.
http://goo.gl/yh2bF - 10/03/11 (GHANA) Intercontinental Bank Ghana Limited, Managing Director and CEO Albert Mmegwa resigned.
http://goo.gl/Vc252 - 10/03/11 (USA FL) Quantek Opportunity Fund, portfolio manager Javier Guerra. Arbitration awarded $1 million damages to Aris Multi-Strategy Fund. Quantek Asset Management made false statements to Aris.
http://goo.gl/udpBA - 10/05/11 (UK) UBS co-chief François Gouws of global equities had resigned after last month's revelation of a $2.3 billion loss from unauthorized trading.
http://goo.gl/OuUjr - 10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last month's revelation of a $2.3 billion loss from unauthorized trading.
http://goo.gl/OuUjr - 10/10/11 (BELGIUM) Dexia (Franco-Belgian bank) its chairman Jean-Luc Dehaene will give up his role on the board of Dexia's Belgian division, which is being sold to the Belgian state as part of a rescue deal, the group said on Monday.
http://goo.gl/vyldE - 10/11/11 (UK) BlackRock, head of sterling portfolios and manager of the Corporate Bond fund, Paul Shuttleworth, has resigned after 11 years at the firm.
http://goo.gl/FMBjw - 10/11/11 (UK) Dynamic Funds, portfolio manager David Taylor has resigned.
http://goo.gl/GZCt5 - 10/11/11 (CHINA) China Construction Bank Non-Executive Direct Sue Yang resigns for personal reasons.
http://goo.gl/ip8Un - 10/13/11 (UK) Cogent Partners co-head research department Katita Palamar resigned.
http://goo.gl/TVLWO - 10/13/11 (UK) Cogent Partners co-head research department Bill Farrell resigned.
http://goo.gl/TVLWO - 10/14/11 (USA TX) Deutsche Bank Investment Advisor Griffin Perry resigns, SEC regulations prevented him from campaigning for his father Rick Perry's Presidential campaign.
http://goo.gl/R0PgH - 10/23/11 (USA) Fairholme Capital Management LLC, Director Charles Fernandez stepped down for personal reasons. Fairholme Fund has lost 26 percent of its net asset value due to bets that have backfired on AIG Inc, Bank of America Corp and Florida-based landowner and developer St Joe Co.
http://goo.gl/vzTbY - 10/24/11 (ICELAND) Icelandic State Financial Investments board members of Icelandic State Financial Investments have resigned following "outside interference" with their Sept. 30 decision to hire Pall Magnusson, the former political adviser to the island's industry minister, as chief executive officer. [names and positions have been requested from the reporter on 3/9/12]
http://goo.gl/lEpz2 - 10/24/11 (SINGAPORE) Keppel Corporation Limited, Teo Soon Hoe will resign from his role as group finance director Jan 1.
http://goo.gl/l90be - 10/26/11 (INDIA) Beed District Bank (Coop Bank) CEO B S Deshmukh arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
http://goo.gl/CXL7Z - 10/26/11 (INDIA) Beed District Bank (Coop Bank) former CEO A N Kulkarni arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
http://goo.gl/CXL7Z - 10/27/11 (USA NY) Keefe, Bruyette & Woods Inc (KBW) CEO John Duffy stepped aside. Duffy has prostate cancer.
http://goo.gl/i1s3E - 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
http://goo.gl/fdd9v - 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
http://goo.gl/yWX9R - 10/31/11 (EUROPEAN COMMUNITY) European Central Bank President Jean-Claude Trichet, resigns.
http://goo.gl/ygG59 - 11/01/11 (INDIA) Beed District Bank (Coop Bank More directors resign [research still being conducted on the names]
http://goo.gl/HD8BQ - 11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)
http://goo.gl/3L9gE - 11/03/11 (POLAND) Nordea Bank Poland, Wlodzimierz Kicinski resigned from as President of the Management Board of Nordea Bank Poland as of the 10th of November.
http://goo.gl/oKUVZ - 11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.
http://goo.gl/tUaVY - 11/07/11 (SINGAPORE) Singapore Mercantile Exchange (SMX), CEO Framroze Pochara quits.
http://goo.gl/eum87 - 11/08/11 (SINGAPORE) The Singapore Fund, Inc, Austin C. Dowling has resigned as Director of the Fund
http://goo.gl/bCUhI - 11/09/11 (USA NY) HSBC Israeli desk, managing director Issac Doueck resigned.
http://goo.gl/zuCJE - 11/09/11 (ISRAEL) HSBC Israeli desk, senior representative Simon Hakim resigned.
http://goo.gl/zuCJE - 11/09/11 (SWITZERLAND) HSBC Israeli desk, head of Israel Dan Sagi resigned.
http://goo.gl/zuCJE - 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
http://goo.gl/zuCJE - 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
http://goo.gl/zuCJE - 11/10/11 (EUROPEAN COMMUNITY) European Central Bank Lorenzo Bini Smaghi resigned from the European Central Bank's Executive Board.
http://goo.gl/Invjc - 11/11/11 (HONG KONG) Goldman Sachs' Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 years
http://goo.gl/pejs3 - 11/10/11 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resigned
http://goo.gl/3aTh2 - 11/15/11 (USA NY) Icahn Enterprises LP, senior managing director of health-care investing, Alex Denner, has resigned.
http://goo.gl/X1A4i - 11/16/11 (EUROPEAN COMMUNITY) International Monetary Fund Europe, director Antonio Borges resigns for personal reasons.
http://goo.gl/55CqZ - 11/17/11 (NETHERLANDS) Syntrus Achmea (pensions manager), CIO Marjolein Sol is resigning.
http://goo.gl/Xqxsr - 11/18/11 (SCOTLAND) Scottish Widows Investment Partnership Limited (SWIP) Private Equity Fund, wish to announce the resignation of John Brett from the Board of Directors of the Company, for business reasons.
http://goo.gl/MLsp8 - 11/21/11 (JAPAN) UBS's Japan Investment Banking Chairman Matsui to Resign
http://goo.gl/OiDiq - 11/23/12 (USA SC & NC) Bank of the Carolinas, CFO Eric Rhodes resigns for personal reasons. Bank of the Carolinas was delisted from the NASDAQ on 3/9/12
http://goo.gl/oytcD - 11/24/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Simon Vanstone resigns.
http://goo.gl/x5Fl6 - 11/28/11 (LATVIA) Latvia's chief banking regulator, Irena Krumane, said she resigned today, a week after the state took over Latvijas Krajbanka AS (LKB1R), the Baltic News Service reported. The bank regulator suspended operations at Krajbanka, a subsidiary of Lithuania's Bankas Snoras AB, on Nov. 21 and said around 100 million lati ($191.8 million) was missing. The Lithuanian government seized Snoras on Nov. 16 saying assets reported on the lender's balance sheet were missing.
http://goo.gl/mUvLF - 11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
http://goo.gl/XncOc - 11/29/11 (NORWAY) Carnegie ASA's co-head of investment banking in Norway, Cato Holmsen, has resigned
http://goo.gl/utIfy - 11/29/11 (FRANCE) AXA Real Estate Investment Managers, Global head of business development, strategy and research for Kiran Patel, has handed in his resignation. Patel was with the firm for 11 years.
http://goo.gl/iGjB6 - 11/30/11 (LITHUANIA) Lithuania Central Bank, Governor Vitas Vasiliauskas fired Kazimieras Ramonas, head of the banking supervision department, after seizing Bankas Snoras AB, the country's third-biggest deposit bank.
http://goo.gl/EiqUC - 12/01/11 (SRI LANKA) Sri Lanka's Securities and Exchange Commission (SEC) head Indrani Sugathadasa resigned.
http://goo.gl/6qzny - 12/02/11 (PAKISTAN) NIB Bank, Singapore forced resignation of CEO Khawaja Iqbal Hassan, for mismanagement
http://goo.gl/ojDcu - 12/03/11 (USA SC) South Carolina's $25 billion pension fund chief investor Robert Borden resigned. Borden's resignation comes as the SC Retirement System faces a $13 billion deficit, prompting state lawmakers to call for a massive overhaul of the system.
http://goo.gl/ypK2G - 12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns
http://goo.gl/peFGD - 12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO Philip Butterfield retires
http://goo.gl/peFGD - 12/06/11 (USA ) Western Liberty Bancorp CFO George Rosenbaum has resigned.
http://goo.gl/ozuwB - 12/08/11 (USA) Fidelity Global Special Situations Fund, manager Jorma Korhonen resigned.
http://goo.gl/a7Rhw - 12/08/11 (INDIA) Nomura's co-head of equity-linked solutions Neeraj Hora, resigns
http://goo.gl/WYcjR - 12/14/11 (MAURITIUS) African Alliance Africa Pioneer Fund I (the "Fund"), Portfolio Manager Paul David Austin Clark resigned
http://goo.gl/YiagF - 12/14/11 (USA NY) Goldman Sachs global head Milton R. Berlinski retiring at the end of the year
http://goo.gl/Xj0l4 - 12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resigns
http://goo.gl/ANN5B - 12/19/11 (CANADA) Holloway Lodging Real Estate Investment Trust (a REIT) CEO Glenn Squires has resigned
http://goo.gl/8rAKb - 12/19/11 (JAPAN) Citibank Japan CEO, Darren Buckley, resigns after Citibank was punished by regulators for the third time in seven years.
http://goo.gl/ScT47 - 12/19/11 (DENMARK) Danske Bank Peter Straarup, who will retire February 15
http://goo.gl/06c2b - 12/19/11 (DENMARK) Danske Bank Eivind Kolding has resigned as Chairman of the Board of Directors and from the three board committees on which he served, He continues as member of Danske Bank's Board of Directors until he assumes the position of Chairman of the Executive Board on 15 February 2012. On the same day, at the latest, Eivind Kolding will resign from the A.P. Moller-Maersk Group.
http://goo.gl/06c2b - 12/20/11 (UK) Prudential (UK) Chairman Harvey McGrath has informed the Board of his intention to retire from the Board in 2012 once a successor has been found.
http://goo.gl/IPOzf - 12/20/11 (USA MA) Century Bancorp, Inc., Director Roger S. Berkowitz resigned.
http://goo.gl/bbdeT - 12/21/11 (USA MN) Voyager Bank, fired CEO trade accusations, New details have emerged in Voyager Bank's firing of its CEO in a court filing that accuses him of defrauding the bank of $15 million. The former CEO, Timothy Owens, has sued the bank for wrongful termination and accused the bank of defaming him.
http://goo.gl/3Q1Vg - 12/23/11 (USA VA) Virginia National Bank (VNB) Chairman Mark Giles quits
http://goo.gl/dFDpH - 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Claire Gargalli quits
http://goo.gl/kowkW - 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Leslie Disharoon quits
http://goo.gl/kstLp - 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Neal Kassell quits
http://goo.gl/NrrPZ - 12/23/11 (USA) Third Avenue Value Fund, co-manager Marty Whitman is leaving.
http://goo.gl/iMe99 - 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
http://goo.gl/b6AoA - 1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years
http://goo.gl/xwlFt - 1/03/12 (GREECE) Marfin Popular Bank Public Co Ltd, Mr Eleftherios Hiliadakis has resigned from the Board of Directors.
http://goo.gl/MuFa0 - 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
http://goo.gl/joExI - 1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position.
http://goo.gl/DP1uK - 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
http://goo.gl/SKE7j - 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
http://goo.gl/bzZtQ - 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
http://goo.gl/zvo1L - 1/05/12 (USA NY) Blackstone/GSO Senior Floating Rate Term Fund and Blackstone/GSO Long-Short Credit Income Fund announced that John R. O'Neill has resigned.
http://goo.gl/ZiWGL - 1/07/12 (UK) Arab Banking Corporation Intl. Bank (ABCIB) Manama, Bahrain: ABCIB announced retirement of CEO Nofal Barbar from its London office.
http://goo.gl/yF0Mm - 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
http://goo.gl/5qsUu - 1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of Staff William M. Daley resigned
http://goo.gl/34F0B - 1/09/12 (USA NY) Morgan Stanley Chief Legal Officer Frank Barron retires.
http://goo.gl/XYCwJ - 1/09/12 (SWITZERLAND) Temenos Group AG, provider of core banking software announced the resignation of Mark Austen as a member of the Board of Directors.
http://goo.gl/l6QzM - 1/10/12 (USA IN) Security Bank of Springfield, president and CEO Steve Cour has announced plans to retire at the end of June.
http://goo.gl/jFbYA - 1/11/12 (KAZAKHSTAN) BTA Bank, CEO Marat Zairov resigns for health reasons.
http://goo.gl/yAHgr - 1/11/12 (SWITZERLAND) La Banque Privée Edmond de Rothschild, CEO Claude Messulam resigns, replaced by Christophe de Backer, Claude Messulam to become a director of the bank holding company.
http://goo.gl/vWr3i - 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires
http://goo.gl/i2TVk - 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires
http://goo.gl/i2TVk - 1/13/12 (IRELAND) National Asset Management Agency, head of lending Graham Emmett is resigning
http://goo.gl/GN3h3 - 1/13/12 (USA DC) World Bank, Vice President for Africa, Oby Ezekwesili will retire from her position at the World Bank in May.
http://goo.gl/fiUsU - 1/17/12 (CANADA) Cumberland Private Wealth Management CIO John Wilson quit to join another money manager.
http://goo.gl/3JuNJ - 1/17/12 (HONG KONG) Oversea-Chinese Banking Corporation Limited (OCBC Bank) CEO David Conner retires.
http://goo.gl/83Z1i - 1/17/12 (UK) Morgan Stanley Intl, chairman Walid Chammah is retiring. An inside source speculated that it could mean that the company had suffered exposure to European sovereign debt woes under Chammah's purview.
http://goo.gl/e7vS7 - 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Ali Yousef Al Awwadhy resigned.
http://goo.gl/0PoIM - 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Miss Anoud Fadhel Al Hathran resigned.
http://goo.gl/0PoIM - 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Tarek Farid Al Othman resigned.
http://goo.gl/0PoIM - 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Salem Ali Hassan Al Ali resigned.
http://goo.gl/0PoIM - 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Majed Ali Oweid Awadh resigned.
http://goo.gl/0PoIM - 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Badr Suliman Al Ahmed resigned.
http://goo.gl/0PoIM - 1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business David Heller resigns.
http://goo.gl/TMHvx - 1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business Edward Eisler resigns.
http://goo.gl/TMHvx - 1/18/12 (USA) Goldman Sachs co-head of its investment management division Ed Forst resigns.
http://goo.gl/TMHvx - 1/19/12 (UK) Santander, senior director Americas division Francisco Luzón is retiring with a pension pot of about €56m, a package whose generous size is expected to reignite controversy over bankers' remuneration.
http://goo.gl/XMRvP - 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Alaa' Sabaa resigned from board of directors.
http://goo.gl/5Eze1 - 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Wael EL Mahgary resigned from board of directors.
http://goo.gl/5Eze1 - 1/20/12 (USA NY) JPMorgan Chase, Mortgage Banking Default organization head Scott Powell has decided to leave the bank.
http://goo.gl/TCYpT - 1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quits
http://goo.gl/6FuWe - 1/20/12 (SOUTH AFRICA) First National Bank's sharia banking division is in a state of flux after it was hit by a corporate governance scandal in which its chief executive, Ebi Patel, was put on "special leave" for almost a month while an internal probe was conducted. Patel has been reinstated, but is facing disciplinary action. Islamic finance forbids the payment and receipt of interest (riba), and investment in some industries. Sharia law states that interest-bearing transactions result in economic ills such as unemployment and high inflation. Trading in derivatives and speculative investment are also forbidden. Sharia law requires all transactions to be backed by tangible assets.
http://goo.gl/NmGJP - 1/20/12 (USA) TIAA-CREF executive vice president and president of Asset Management, Scott C. Evans resigned
http://goo.gl/f6qLs - 1/20/12 (SOUTH AFRICA) South African deputy economic development minister Enoch Godongwana quit his post this week in the face of growing outrage in government circles about his involvement in a company that allegedly defrauded clothing factory workers of R100-million of their pension fund money.
http://goo.gl/ZADvn - 1/21/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
http://goo.gl/sdY1p - 1/21/12 (SINGAPORE) ANZ Asia's private banking head Nina Aguas resigns as managing director of Asia-Pacific private banking.
http://goo.gl/hlHvG - 1/21/12 (USA CA) Nara Bancorp (Now called BBCN) President and CEO Min Kim Resigns
http://goo.gl/rcfJ3 - 1/22/12 (KENYA) National Bank of Kenya's (NBK) managing director, Mr Reuben Marambii, will resign before year end.
http://goo.gl/c2n7r - 1/24/12 (IRELAND) Deutsche International Corporate Services Limited fund, Paul Shevlin resigned as a director
http://goo.gl/OjZFF - 1/24/12 (SWITZERLAND) Global Fund to Fight AIDS, Tuberculosis and Malaria, Dr. Michel Kazatchkine, a French clinical immunologist and head of the $22.6 billion fund has abruptly resigned, since revelations about corruption and misspending severely rattled some of its biggest donors. The resignation came on the eve of the World Economic Forum meeting in Davos, which played a role in its creation a decade ago. A dinner for the public-private fund is planned Thursday with U.N. Secretary-General Ban Ki-moon and major backers Bill Gates and the Bill & Melinda Gates Foundation. The shakeup resulted from an internal review to address problems highlighted in Associated Press stories last year about the loss of tens of millions of dollars in grant money because of mismanagement and alleged fraud. Its biggest private donor is the Bill & Melinda Gates Foundation, which has pledged $1.15 billion and provided it with $650 million so far.
http://goo.gl/bqXs8 - 1/25/12 (UK) SOFIA PROPERTY FUND LIMITED, Gerry Williams has resigned as a Director, following his resignation from Ardel Holdings Limited ("Ardel") where he was CEO. Ardel is the holding company of Ardel Fund Services Limited which provides administration services in Guernsey to the Company.
http://goo.gl/kDfVv - 1/25/12 (USA NY) Fortress Private Equity, CEO Daniel Madrid (aka Daniel Mudd) has resigned. Madrid was forced to leave in order to deal with SEC allegations. Prior to joining Fortress, Madrid served as Fannie Mae CEO and was forced to resign. SEC sued Madrid and former Freddie Mac CEO Richard West Long (aka Richard Syron) for hiding hundreds of billions of dollars in subprime loans. Madrid denied the SEC allegations saying the US govt. and investors were informed of Fannie Mae's loan data.
http://goo.gl/u9IdB and http://goo.gl/v94ik and http://goo.gl/tXQwP - 1/27/12 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Mr Graham Sugden resigned.
http://goo.gl/VZYHY - 1/27/12 (SOUTH AFRICA) ABSA Group COO Alfie Naidoo would be leaving to pursue personal interests
http://goo.gl/cVWnA - 1/27/12 (SOUTH AFRICA) ABSA Group chief marketing and communication officer Happy Ntshingila, will be taking up an "exciting position" outside banking
http://goo.gl/cVWnA - 1/27/12 (SOUTH AFRICA) ABSA Group CEO Daphne Motsepe retires at the end of April after a 10-year career at the bank.
http://goo.gl/cVWnA - 1/29/12 (PORTUGAL) Banco Santander Totta SA executive chairman Nuno Manuel da Silva Amado has resigned
http://goo.gl/Glvdn - 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
http://goo.gl/BwUgv - 1/29/12 (UAE) NBD, Emirates 's investment banking division CEO Suresh Kumar is leaving the bank
http://goo.gl/S1x0F - 1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COO Andrew Graham steps down
http://goo.gl/4SDW8 - 1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood
http://goo.gl/CoLVS - 2/01/12 (SYRIA) Arab Bank Syria Board member Basma Talal Zein resigns.
http://goo.gl/WXxzw - 2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns
http://goo.gl/IP8nH - 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
http://goo.gl/OqRVo - 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
http://goo.gl/vjO5M - 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
http://goo.gl/bb5sh - 2/02/12 (USA) American Perspective Bank, President and CEO Thomas J. Beene resigned.
http://goo.gl/K66eb - 2/02/12 (USA) NIR Group hedge funds, Corey Ribotsky was forced out of NIR by Pricewaterhouse-Coopers, the court-appointed liquidator, following allegations of fraud by the Securities and Exchange Commission. In September, the SEC sued Ribotsky and NIR for taking more than $1 million of investors' money to buy cars and watches.
- 2/02/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Nathalie Savey resigned.
http://goo.gl/cXB8u - 2/03/12 (UK) VinaCapital Vietnam Opportunity Fund Ltd, Non-Executive Director Horst Geicke has resigned.
http://goo.gl/r955T - 2/03/12 (UK) UBS London trader, Kweku M. Adoboli, was arrested and charged with fraud and false accounting, forcing UBS to announce a $2.3 billion trading loss.
http://goo.gl/ClTaq - 2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quit
http://goo.gl/pG2jF - 2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
http://goo.gl/bRv9K - 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
http://goo.gl/OhCEb - 2/06/12 (USA NY) TD Ameritrade, head of retail distribution John Bunch resigns. Bunch is leaving to take the top job at a small investment advisory firmin Kansas City.
http://goo.gl/kgS7M - 2/07/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retires
http://goo.gl/i7AUY - 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
http://goo.gl/fP03J - 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)
http://goo.gl/PiQSy - 2/08/12 (SOUTH AFRICA) Standard Bank Group Ltd - Resignation of Group Secretary Loren Wulfsohn
http://goo.gl/K1pfn - 2/08/12 (USA OH) Cleveland International Fund (CIF) private equity fund, A. Eddy Zai launched and led the Cleveland International Fund, an investment outfit that pairs wealthy foreign investors hoping for U.S. residency with job-creating projects. Zai resigned from his job this week, before being indicted in a bank-fraud scheme that, according to investigators, contributed to the collapse of a credit union in Eastlake.
http://goo.gl/tgamf - 2/08/12 (UAE) Emirates NBD makes top-level changes Bank's deputy chief executive officer Abdul Wahed Al Fahim has resigned.
http://goo.gl/JUdNd - 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 62 year old Monsignor Emilio Messina, the Archdiocese of Camerino-San Severino Marche investigated on money laundering by Italian officials.
http://goo.gl/uztVU - 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 49 year old Father Don Salvatore Palumbo of the socially popular parish of San Gaetano
http://goo.gl/uztVU - 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 37 year old Father Horace Bonaccorsi of Catania, already tried and acquitted in Sicily for money laundering offenses recycling money through accounts at IOR
http://goo.gl/uztVU - 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 85 year old Father Don Evaldo Biasini of Rome. Father Don Evaldo Biasini is known as the "Don of Cash".
http://goo.gl/uztVU - 2/09/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
http://goo.gl/8BuXy - 2/09/12 (UK) JP Morgan Chinese Investment Trust PLC, non-executive Director Madam Yujiang Zhao resigned
http://goo.gl/CPO23 - 2/09/12 (UK) Alliance Trust Savings (ATS), Robert Burgess is stepping down as CEO.
http://goo.gl/ohHG3 - 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
http://goo.gl/DBKdc - 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
http://goo.gl/wMl5g - 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
http://goo.gl/GFvIy - 2/13/12 (UK) Goldman Sachs confirmed on Monday that George N. Mattson, one of the firm's top deal makers in the industrial sector, will retire. He was a senior relationship banker with a client list that included General Motors, General Electric and Caterpillar.
http://goo.gl/vgnq2 - 2/13/12 (HONDURAS) Honduras finance minister William Chong Wong, resigned on Monday after the International Monetary Fund (IMF) said the country did not reach its deficit and monetary targets for 2011.
http://goo.gl/drgHY - 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
http://goo.gl/iQ0n8 - 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
http://goo.gl/uHp6C - 2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Raza resigned
http://goo.gl/scexo - 2/14/12 (USA NY) Goldman Sachs Jeffrey Moslow resigns, an investment banker to companies such as Tyco International Ltd, Nstar, the Boston-based utility, and defense contractor Dyncorp International Inc.
http://goo.gl/7h4O7 - 2/15/12 (SOUTH AFRICA) HPA - Hospitality Property Fund Limited, chairman Frank Berkeley resigned.
http://goo.gl/wJmpR - 2/15/12 (USA) Boston Properties (REIT), Executive VP and COO E. Mitchell Norvilleto resigned
http://goo.gl/AW7X7 - 2/15/12 (WORLD) World Bank CEO Zoellick resigns
Did the White House tell the World Bank president that he's out?
http://goo.gl/wUOgb - 2/15/12 (CHINA) Morgan non-executive chairman Stanley Stephen Roach will be retiring.
http://goo.gl/MQeGW - 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
http://goo.gl/SNsVI - 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
http://goo.gl/TyYiJ - 2/16/12 (USA IL) Deerfield Capital Management LLC, CEO Daniel Hattori and CEO of CIFC Corp resigned.
http://goo.gl/LLNnD - 2/16/12 (USA IL) Deerfield Capital Management LLC, COO Luke Knecht and CEO of CIFC Corp, resigned both positions.
http://goo.gl/LLNnD - 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
http://goo.gl/yT6rS - 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
http://goo.gl/c7PtU - 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
http://goo.gl/CtmOU - 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
http://goo.gl/I7Alo - 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
http://goo.gl/WczHh - 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
http://goo.gl/I7Alo - 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
http://goo.gl/I7Alo - 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austraila CEO Stephen Williams resigns
http://goo.gl/4r16D - 2/17/12 (SOUTH AFRICA) Coronation Fund Managers CEO Hugo Nelson is stepping down at age of 40.
http://goo.gl/I3NY8 - 2/17/12 (PAKISTAN) PICIC Asset Management Company Limited CFO Ahmed Raza resigns
http://goo.gl/K8A2I - 2/17/12 (USA NY) Goldman Sachs CEO Lloyd Blankfein out as by summer
http://goo.gl/UjpzD - 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
http://goo.gl/1n1Nr - 2/17/12 (UK) Insight Investment, asset manager Mike Pinggera has resigned..
http://goo.gl/uDplK - 2/17/12 (USA NY) Harbinger Group Inc. CFO Francis T. McCarron has advised the Company of his resignation effective April 30
http://goo.gl/6il4F - 2/17/12 (BULGARIA) Bulgaria National Health Insurance Fund (NHIF), The managing director Neli Nesheva, resigned after a two-day row about end-of-year bonuses paid by NHIF to its employees.
http://goo.gl/7UQxv - 2/18/12 (PAKISTAN) The Bank of Azad Jammu and Kashmir executive Zulfiqar Abbasi resigns
http://goo.gl/G0woP - 2/19/12 (MALTA) Bank of Valletta, director of the Multi-Manager Fund John C. Ripard, has resigned being reprimanded by the MFSA for disposing of his holdings in the Fund whilst in possession of sensitive information which was not available to the public.
http://goo.gl/1li3r - 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
http://goo.gl/Unuez - 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
http://goo.gl/F5twL - 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
http://goo.gl/aA0RW - 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
http://goo.gl/6Dj0i - 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
http://goo.gl/DuMrm - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB - 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB - 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
conflict of interest with director seat on unknown bank
http://goo.gl/aEmwB - 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
conflict of interest with director seat on Eastland Insurance Company Limited
http://goo.gl/aEmwB - 2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
http://goo.gl/Z1rnw - 2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
http://goo.gl/ppKno - 2/22/12 (SINGAPORE) Macquarie International Infrastructure Fund's CEO John Stuart to resign
http://goo.gl/ji7Q4 - 2/22/12 (USA NY) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
http://goo.gl/x4Zsr - 2/22/12 (UK) UBS AG's (UBSN) Doug McCutcheon, head of Healthcare Banking in Europe, Middle East, Africa and Asia-Pacific region, has left Switzerland's biggest bank after 25 years at the firm.
http://goo.gl/Dnxqh - 2/23/12 (UK) Goldman Sachs Nordic M&A banker Luca Ferrari has decided to retire from the firm, clients included the largest telecommunications operator in Spain the Spanish telecommunications.
http://goo.gl/qmCh3 - 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
http://goo.gl/DTL5S - 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
http://goo.gl/KoEUI - 2/24/12 (GUERNSEY) Spearpoint Limited (SPL) Investment Funds, director Mike Kirby resigns for business reasons.
http://goo.gl/9stPB - 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
http://goo.gl/5eUqU - 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
http://goo.gl/JIC9A - 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
http://goo.gl/6UJau - 2/24/12 (USA NY) Evercore Partners Head Eduardo Mestre steps down
http://goo.gl/n5RLY - 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
http://goo.gl/nMTLW - 2/25/12 (DENMARK) European Investment Bank (EIB), Mr Sigmund Lubanski, of the Kingdom of Denmark tendered his resignation.
http://goo.gl/y4XXF - 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
http://goo.gl/8lxSw - 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
http://goo.gl/yKjzL - 2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
http://goo.gl/hhHSm - 2/27/12 (FRANCE) Societe Generale's Investment Banking Chief Michel Péretié Steps Down
http://goo.gl/IJ5Lw - 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
http://goo.gl/eVCS5 - 2/27/12 (GERMANY) Equiduct chairman Artur Fischer steps down
http://goo.gl/Q0dWR - 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!
http://goo.gl/DDEUk - 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
http://goo.gl/ZD0mc - 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
http://goo.gl/dsXcE - 2/27/12 (SINGAPORE) Standard Chartered Bank, global head of repo and collateralised financing Tanweer Khan resigned.
http://goo.gl/hgbuc - 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
http://goo.gl/Uo800 - 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
http://goo.gl/26MYq - 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
http://goo.gl/NDJze - 2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quits
http://goo.gl/cRkCP - 2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years.
http://goo.gl/1rCWd - 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
http://goo.gl/HIYXv - 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
http://goo.gl/ggPvq - 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
http://goo.gl/YxvNA - 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
http://goo.gl/F0UgN - 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
http://goo.gl/7aLRU - 2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
http://goo.gl/LkJhV - 2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns
http://goo.gl/n6uoM - 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
http://goo.gl/Jh9jd - 2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
http://goo.gl/014or - 2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, "We feel that (Winston) Brassington knows everything…A to Z about all the transactions," said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning that controversial figure could be subpoenaed to appear before the Parliamentary Economic Sector Committee.
http:// goo.gl/L7I35 - 3/01/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
http://goo.gl/wACrI - 3/01/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government's legislation on boosting competition.
http://goo.gl/3llyT - 3/01/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
http://goo.gl/nA8g9 - 3/01/12 (USA NY) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG's third party asset management business, PineBridge still manages AIG assets
http://goo.gl/SI7kT - 3/01/12 (SINGAPORE) UBS Singapore - James Tulley is leaving Switzerland's largest bank, it is not clear where he is going.
http://goo.gl/BGugF - 3/01/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
http://goo.gl/uEqDV - 3/01/12 (ICELAND) Iceland's Financial Supervisory Authority (FSA) fired its director Gunnar Andersen
http://goo.gl/VG9q5 - 3/01/12 (USA OR) Oregon Public Employees Retirement Fund (OPERF) senior RE officer Brad Child will retire
http://goo.gl/vcERz - 3/02/12 (CHINA) China Construction Bank Corp, assistant general manager and head of corporate banking Mickey Mehta quits
http://goo.gl/B9dR0 - 3/02/12 (USA NY) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
http://goo.gl/8kZuc - 3/02/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
http://goo.gl/ZEUwf - 3/02/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign
http://goo.gl/npBe2 - 3/02/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns
http://goo.gl/wFSV8 - 3/02/12 (USA NY) Citigroup Richard Parsons to step down as chairman
http://goo.gl/BhZ0F - 3/03/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
http://goo.gl/w99tD - 3/03/12 (ETHIOPIA) Dashen Bank's board dismisses president Leulseged Teferi
http://goo.gl/Y801M - 3/03/12 (RUSSIA) Enza Capital KK, Wealthy British banker Philip Townsend (Baron Townsend of Rathmore) and his wife killed at Estonia holiday home ⑆44541444⑈
http://goo.gl/GSOUN and http://goo.gl/x94ID and http://goo.gl/gGgLP - 3/04/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
http://goo.gl/fmNxY - 3/04/12 (USA NY) JP Morgan prop trading chief Mike Stewart quits
http://goo.gl/gubPj - 3/05/12 (SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned
http://goo.gl/pNx0l - 3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down
http://goo.gl/RPqOp - 3/05/12 (UK) Jupiter fund co-manager John Hamilton steps down
http://goo.gl/RPqOp - 3/05/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director
http://goo.gl/gX7wu - 3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned
http://goo.gl/u6BT4 - 3/05/12 (UK) Charterhouse partner Gordon Bonnyman is stepping down.
http://goo.gl/iAEYB - 3/05/12 (UK) HgCapital, partner Lindsay Dibden is leaving after 20 years.
http://goo.gl/iAEYB - 3/06/12 (FRANCE) Blackstone Group's Paris office leader Jean-Michel Steg will step down
http://goo.gl/w3Ca5 - 3/06/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherland has resigned as Executive Director
http://goo.gl/oMwv6 - 3/06/12 (JAMAICA) Jamaica's Financial Services Commission (FSC), Executive director Rohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon.
http://goo.gl/FBwFo - 3/06/12 USA CT) Wells Fargo & Co. said that Mackey McDonald, one of the last remaining directors from Wachovia is retiring.
http://goo.gl/F1O4v - 3/06/12 (USA PA) USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement,has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing. Provides a network of wireless non-cash transactions, associated financial/network services and energy management. It provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries.
http://goo.gl/8oi7C - 3/06/12 (UK) Sterling Green Group has announced that Philip Kanas, a non-executive director, has decided to resign
Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011.
http://goo.gl/qc3jB - 3/06/12 (UK) Aberdeen Asset Management, non-executive director Gerhard Fusenig has resigned from the board.
http://goo.gl/ZIkvQ - 3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Risk Officer Hugo Baenzigeri to resign
http://goo.gl/MWqsH - 3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Operating Officer Hermann-Josef Lamberti to resign
http://goo.gl/MWqsH - 3/07/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announced Thomas Leaver will step down as CEO
http://goo.gl/rfhWN - 3/07/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of service
http://goo.gl/RHllr - 3/07/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities.
http://goo.gl/CpEzZ - 3/07/12 (UK) Goldman Sachs (GSI) Christopher French resigns from board
http://goo.gl/3yQDS - 3/07/12 (UK) Goldman Sachs (GSI) David Wildermuth resigns from board
http://goo.gl/3yQDS - 3/07/12 (UK) Goldman Sachs (GSI) Matthew Westerman resigns from board
http://goo.gl/3yQDS - 3/07/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resigns
http://goo.gl/3yQDS - 3/07/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas trading
http://goo.gl/jqbYY - 3/07/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the month
http://goo.gl/v8tcT - 3/07/12 (HONG KONG) UBS Senior Asia Economist Jonathan Anderson Departs
http://goo.gl/09VqT - 3/07/12 (HAITI) FORMER DIRECTOR HAITI CENTRAL BANK SLAIN! ⑆44541444⑈
http://goo.gl/UtVz3 - 3/07/12 (FRANCE) Société Générale Private Banking, Daniel Truchi is to step down as head of Société Générale Private Banking
http://goo.gl/XhgJ9 - 3/07/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australia's largest ATM operator
http://goo.gl/eZJMb - 3/07/12 (USA CA) CALSTRS, Pascal Villiger, senior private equity portfolio manager at the $145 billion California State Teachers' Retirement System resigns
http://goo.gl/ub0ke - 3/07/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capital's tune
http://goo.gl/Zv6Ny - 3/08/12 (USA NY) Schroders, CIO Alan Brown is steps down
http://goo.gl/ZTtYo - 3/08/12 (USA IL) CBOE Executive Patrick Fay Put on Leave Amid SEC Probe
http://goo.gl/x5snO - 3/08/12 (USA NH & RI) Bristol County Savings Bank president E. Dennis Kelly retires after 35 years
http://goo.gl/8KVKn - 3/08/12 (GERMANY) Clearstream Banking AG – Katja Rosenkranz To Leave Deutsche Börse Group [stockmarket]
http://goo.gl/RiVNi - 3/08/12 (UK) B&CE CEO Brian Griffiths is to retire later this year
http://goo.gl/AV7Sk - 3/08/12 (UK) Invesco Trimark Ltd, portfolio manager Dana Love has resigned.
http://goo.gl/MyQ90 - 3/08/12 (ISRAEL) Bank of Israel Governor Stanley Fischer will hand in his shock resignation in the coming days and take up a new position as head of the Bank of Zambia. Finance Minister Yuval Steinitz is believed to be furious with Fischer's decision. Treasury officials said he even canceled his participation in the office's annual Purim party in order to convince Fischer to reverse his decision.
http://goo.gl/0DlSA - 3/08/12 (SOUTH AFRICA) Standard Bank Group Limited (SBK), board member Sir Paul Judge retires.
http://goo.gl/SjSPg - 3/08/12 (SOUTH AFRICA) Standard Bank Groupl Limited (SBK), board member Sir Sam Jonah retires.
http://goo.gl/SjSPg - 3/09/12 (MONGOLIA) Mongol Bank President Alag Batsukh submitted his resignation letter to Speaker of Parliament D. Demberel at the end of last month. He described his reason for resigning as a lack of support by Parliament.
http://goo.gl/RDmNx - 3/09/12 (MONGOLIA) Asia Pacific Securities, General Manager Narantuguldur Saijrakh recently resigned, to focus on his role as Director of Khan Investment Management, investment advisor to the Khan Mongolia Equity Fund - the first open-ended investment vehicle with monthly dealing that invests in Mongolia related equities listed both domestically and internationally.
http://goo.gl/2T4R6 - 3/09/12 (Côte d'Ivoire) Banque Central des Etats d'Afrique de l'Ouest (BCEAO) The Ivorian governor of the multi-billion dollar West Africa Francophone bank, Philippe-Henry Dacoury-Tabley, resigned his post.
http://goo.gl/CevLn - 3/09/12 (UK) Lazard , co-head of investment banking Alexis de Rosnay quits. De Rosnay specialises in the healthcare sector, he has advised Teva Pharmaceutical and Novartis.
http://goo.gl/3gzbi - 3/09/12 (UK) Deutsche Bank PWM, UK head of portfolio management Martyn Surguy resigned.
http://goo.gl/5Ti2p - 3/09/12 (UK) Deutsche Bank PWM, head of discretionary management, Kypros Charalambous, having also stepped down.
http://goo.gl/5Ti2p - 3/09/12 (HONG KONG) Bank of America Merrill Lynch, K.J. Kim, responsible for Southeast Asia, resigned
http://goo.gl/sE7xh - 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Jimmy Choi, who was in charge of high-yield debt, resigned.
http://goo.gl/sE7xh - 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Leonard Ng, a vice-president in Hong Kong resigned.
http://goo.gl/sE7xh - 3/09/12 (AUSTRALIA) Bank of Queensland CFO Ram Kangatharan plans to leave the bank.
http://goo.gl/ieNea - 3/09/12 (USA) Cerberus Capital Management LP, CEO Robert Nardelli resigns.
http://goo.gl/9uKVx - 3/10/12 (AUSTRALIA) WESTPAC, Rob Chapman opted to quit running its regional subsidiary St George Bank.
http://goo.gl/G6MD - 3/10/12 (TURKEY) Garanti Bank, The deputy CEO of Turkish lender Tolga Egemen, has decided to quit.
http://goo.gl/vAMzV - 3/10/12 (CHINA) Korea Development Bank, Shanghai unit senior manager Stella Wen resigned.
http://goo.gl/55CqZ - 3/10/12 (HONG KONG) Deutsche Bank, Johan Sudiman resigns as director.
http://goo.gl/6CYGP - 3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resigns
http://goo.gl/hevqh - 3/12/12 (USA CA) California's Department of Financial Institutions, commissioner William Haraf resigned. The DFI did not say why he is leaving.
http://goo.gl/zquTc - 3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quits
http://goo.gl/LDz9b - 3/12/12 (UK and IRELAND) Allfunds Bank, head of UK and Ireland Alan Gadd is stepping down from his role at the end of April.
http://goo.gl/4DF6i - 3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down following a restructuring of the business.
http://goo.gl/SUHqW - 3/12/12 (UK) SVG Capital, chairman Nicholas Ferguson resigns. His departure left him well placed to succeed James Murdoch as chairman of BSkyB should the latter bow to investor pressure and step down. Other investors in the satellite broadcaster suggested Ferguson might be seen as too close to Murdoch to win the support of institutional shareholders.
http://goo.gl/z19wH - 3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns.
http://goo.gl/yX4xo - 3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviser
http://goo.gl/1K9zV - 3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end.
http://goo.gl/lvzgC - 3/13/12 (USA) Eaton Vance Corp, Treasurer and CFO Robert J. Whelan has stepped down.
http://goo.gl/oxmbL - 3/12/12 (USA IL) CBOE Holdings Inc. (CBOE), senior compliance executive Patrick Fay has resigned. The options exchange being investigated by the Securities and Exchange Commission, Fay had been placed on leave after the SEC began investigating the options-market operator's oversight of traders.
http://goo.gl/gj4W6 - 3/13/12 (USA) Mithras Investment Trust, chairman Mike Wooderson will step down
http://goo.gl/UjO2e - 3/13/12 (USA) PHH Mortgage, President Luke Hayden resigned from to pursue what the company calls "other interests." http://goo.gl/iaqQf
- 3/13/12 (USA) PHH Mortgage, Treasurer Mark Johnson.resigned
http://goo.gl/iaqQf - 3/13/12 (AUSTRALIA) WESTPAC, head of corporate affairs after David Bell decided to step down from the role. Bell is the latest top executive to leave the bank.
http://goo.gl/FntUz - 3/13/12 (UK) Capula's Systemic Trading Head Qiang Dai to Leave Fund
http://goo.gl/zkrN2 - 3/13/12 (UAE) National Bank of Abu Dhabi, CEO Michael Tomalin, will retire from the post in a few months.
http://goo.gl/dzBW8 - 3/13/12 (ISRAEL) Osem Investments Ltd, CEO Gazi Kaplan has tendered his resignation, effective April 2, citing heath reasons. Nestlé SA owns 58.8% of Osem.
http://goo.gl/t032l - 3/13/12 (USA) Paulson & Co.'s, partner and head of the global bank team Robert Lacoursiere has quit to form his own hedge fund
http://goo.gl/I8UNd - 3/13/12 (AUSTRALIA) ASX Ltd, Chairman David Gonski will step down from his role at Australia's main stock market operator after being appointed to oversee almost A$90 billion ($95 billion) in the nation's sovereign-wealth funds.
http://goo.gl/gJN33 - 3/13/12 (UK) JP Morgan, Asset Management European chief Jamie Broderick is to step down more than 20 years at the firm.
http://goo.gl/MV65V - 3/13/12 (UK) SVG Chairman Nicholas Ferguson retires.
http://goo.gl/hTDDY - 3/13/12 (UK) SVG Director Edgar Koning retires.
http://goo.gl/hTDDY - 3/13/12 (UK) SVG Director Denis Raeburn retires.
http://goo.gl/hTDDY - 3/13/12 (UK) SVG Director Francis Finlay retires.
http://goo.gl/hTDDY - 3/14/12 (UK) Goldmand Sachs, executive director and head of the firm's United States equity derivatives business in Europe, the Middle East and Africa, Greg Smith, is resigning today.
http://americankabuki.blogspot.com/2012/03/why-i-am- leaving-goldman-sachs.html - 3/14/12 (SOUTH AFRICA) ABSA chairman Garth Griffin to retire
Read other articles by Brandon Turbeville here.
You can support this article by voting on Reddit: http://www.reddit.com/r/conspiracy/comments/r5xkr/worldwide_banking_resignations_triple_according/


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The first production Exige S came off the assembly line today and very soon the first customers will experience this exciting new Lotus, a car which has already produced very positive headlines in the automotive media
Lotus Chief Operating Officer, Aslam Farikullah stood proudly by the production line and spoke about the significance of this event
How do you feel about reaching this particular milestone?
We are very proud of the Exige S. It marks the first step towards consolidating and then growing the company. I know that customers have been eagerly waiting for this car, and I assure them that it will be worth the wait. We wanted to be sure that we had a product that was absolutely ready before launching it. We are confident that the right time for the Exige S is now.
Our new philosophy is simple: We will keep announcements about our planned products to a minimum. New models will only be launched when the product and timing is right. Once we do launch a new product, we will ensure that we can deliver to customers anywhere in the world as scheduled.
What else will be different at Lotus under your leadership?
Our emphasis now is on the finer details of what we do. I believe that the ability of our engineers and workforce makes them among the best in the world. We will leverage on this key strength as we revitalise and strengthen the Lotus brand.
We can all look forward to exciting times ahead as we bring the company to the next level. But I am not a fan of the limelight; I will let our cars do the talking.
So what is your vision for Lotus?
I want the Lotus name to become a by-word in the automotive industry for integrity, which means delivering quality products on the dates we say we will deliver them. As a start, we will refocus our human resources in order to further strengthen our Quality Department by 20%, clearly demonstrating our future intent.
I would also like to reiterate that DRB-HICOM is committed to the future of Lotus. When I arrived I found a company full of talent, ambition and pride in the Lotus name. It's my job now to re-galvanise the company and we will be doing that by investing in our existing talent.


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Cheng, Huai | |
Dowd, Michael |
Submitted to: Meeting Proceedings
Publication Type: Proceedings Publication Acceptance Date: 12/11/2012 Publication Date: 12/11/2012 Citation: Cheng, H.N., Dowd, M.K. 2012. Development of food-related materials from cotton byproducts. In: Proceedings of the 41st Annual Meeting United States–Japan Cooperative Program in Natural Resources (UJNR), Food and Agriculture Panel, December 8-12, 2012, New Orleans, Louisiana. p. 1-2. Interpretive Summary: Most of the value of cotton is in the fiber, used primarily in textiles. However, cotton byproducts can have significant commercial value as well. The purpose of this work is to increase the value of cotton byproducts through suitable chemical reactions. In the first project, the goal is to convert cotton burr and cottonseed hull into carboxymethyl cellulose and hemicellulose. Hull and burr are currently used in relatively low-value applications such as roughage in animal feed, mulch or soil conditioner (hull), and fuel for boilers in cotton plants, fertilizer or soil conditioner (burr). Since carboxymethyl cellulose is a well known food additive selling in excess of $2/lb, the new derivatives may perhaps be cheaper alternatives to carboxymethyl cellulose. Another cotton byproduct is cottonseed oil. For many applications, the oil is hydrogenated in order to decrease the olefinic content, increase melting characteristics, and improve oxidative stability. A concern relating to all hydrogenated edible oils is the enhanced levels of saturated and trans fatty acids (TFAs), both undesirable in view of health implications. Because of its lower cost and higher commercial volume, most of the recent research activities are directed towards soybean oil. We showed in this work that with suitable reaction conditions, hydrogenated cottonseed oil actually produces lower levels of TFA and saturated fats. Thus, cottonseed oil can be a healthier alternative to soybean oil. Technical Abstract: A number of food-related projects are ongoing at the Commodities Utilization Research Unit at the USDA ARS Southern Regional Research Center (SRRC). Two research projects that utilize raw materials from the cotton plant are reviewed in this work. The first project entails the conversion of cotton burr and cottonseed hull into carboxymethyl cellulose and hemicellulose. In the second project cottonseed oil is hydrogenated using 11 commercial Ni, Pd, and Pt catalysts. The results indicated that with the commercial catalysts hydrogenated cottonseed oil contains less trans fatty acids and saturated fats relative to hydrogenated soybean oils. |


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Forbearance Plans
What Do You Have To Lose?
Get Started Now...
Forbearance Plans
The best way to keep (not sell) a home when a homeowner has a temporary financial hardship is a forbearance plan.
A forbearance plan is an agreement made between a lender and the homeowner where the lender allows the homeowner to miss a couple of payments (or forgives a couple of already missed payments) and then requires the homeowner to make up the payments later – in most cases by making payment-and-a-half payments for several months in a row after the missed payments. The re-payment plan can be structured in several ways.
Advantages and Disadvantages
The advantage of pursuing a forbearance plan is that it can avoid foreclosure and keep a homeowner in a home that they really can afford – if they can just be given time to catch up on their payments.
The disadvantage to a forbearance plan is that most people are either not eligible for these plans, or those that are,are not able to ever catch up once the payment-and-a-half payments period begin. They just cannot afford the new or continued payments.
Forbearance plans, if approved, usually delay foreclosure but often don't permanently prevent it. Before exploring this option, make sure you talk to a real estate professional about all of your options! Regardless of your situation, income, or equity, if you would like to discuss all of your options for selling your home quickly to avoid foreclosure, please CLICK HERE
Common Questions About Forbearance Plans
Answer: No, in most cases the lender will have to review each homeowner's individual circumstance to see if they are eligible. If you miss payments causing a hardship due to a temporary situation (such as a one-time rough spot like a temporary job loss that is now over), then you are more likely to be eligible and the program probably makes sense. If, however, your financial hardship is on-going (such as a loss of income that has not been replaced), a forbearance plan probably won't be approved, and won't do any good anyway. In these situations, other selling options are often better.


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Rumors Fly After Spanish Debate Proposal for Dewhurst, Cruz
*Correction appended
A suggestion by a Univision reporter that Lt. Gov. David Dewhurst and former Texas Solicitor General Ted Cruz debate in Spanish has taken on a life of its own.
Though neither of the two U.S. Senate candidates in the July 31 Republican primary runoff are actively working to organize a Spanish-language debate, the idea has gained attention from national media and sparked erroneous reports that such an event is actually in the works, a claim both campaigns deny.
According to Univision reports posted online last week in Spanish and English, Dewhurst "has challenged Cruz, the Cuban-American attorney and Tea Party favorite, to a debate in Spanish."
Dewhurst's campaign says that's not what happened.
"We did not propose a Univision debate," said Matt Hirsch, Dewhurst's campaign spokesman. "It was suggested by Univison. There is no formal proposal on the table by Univision."
Dewhurst and Cruz have agreed to two debates so far, one of which will be hosted by KERA. Univision and The Texas Tribune are both partners in the event, and Univision is expected to simulcast that debate in Spanish, KERA Managing Editor Shelley Kofler said.
Dewhurst learned Spanish while working in Bolivia as a CIA agent in the 1970s. Hirsch said Dewhurst is "open and interested" in participating in a Spanish-language debate if one is proposed by Univision or another television station.
Cruz told Univision he was raised in a house speaking "Spanglish."
"That's the world in which I grew up, and it's the world in which a lot of second-generation immigrants find," Cruz said. In a statement Monday, Cruz said, "Most Texans speak English. ... In any language, parece que el Señor Dewhurst les tiene miedo a los votantes de Texas." (Translation: "It seems that Mr. Dewhurst is afraid of Texas voters.")
Cruz backers are accusing Dewhurst of promoting the concept as a gimmick to distract voters. Dewhurst's camp says the story has been distorted.
On Tuesday, some online outlets incorrectly reported that Cruz has agreed to such an event.
"The only statement we have made on it is Ted thinks the debates should be in English," Cruz spokesman James Bernson said.
This isn't the first time the prospects of a Spanish-language debate in Texas has drawn national interest. Ten years ago, two Democrats running for governor, Tony Sanchez and Dan Morales, both Mexican-Americans, participated in a debate on KERA, the PBS affiliate in Dallas. It was touted at the time as the country's first televised Spanish-language debate among major party candidates for a statewide office.
Morales spent much of the event attempting to deliver answers in both Spanish and English, prompting Sanchez to accuse his opponent of being "embarrassed to be Hispanic."
Since then, Spanish-language debates have remained a rarity in Texas, especially in Republican primaries. Candidates have more often reached out to Spanish-speaking voters by producing television, radio and print ads in Spanish.
Though a Spanish-language debate may never take place between Dewhurst and Cruz, the issue could linger as both candidates continue to get questions about it.
"David Dewhurst is demanding you debate him in Spanish," conservative radio host Michael Berry told Cruz Tuesday morning. He then asked Cruz if such a debate could hurt Cruz's chances of winning the Republican nomination, "especially since your Spanish is crap."
"I'm going to insist we debate in English and let the chips fall where they may," Cruz told Berry.
*Editor's note: A 2002 televised debate in Spanish between Democrats Tony Sanchez and Dan Morales was hosted by KERA. An earlier version of this story incorrectly stated that the debate was hosted by Telemundo.
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Creamy Off-White Solid Color Accent Shade / Hue Matches Sherwin Williams Grecian Ivory SW 7541 Throw Pillow
Creamy Off-White Solid Color Accent Shade / Hue Matches Sherwin Williams Grecian Ivory SW 7541 Throw Pillow
Clicking the button will redirect you to this product in our Society6 shop. Price shown above is for a 16" x 16" throw pillow. Pillows options are available in four sizes.
Add throw pillows to whatever room needs an extra dose of comfy. Individually cut and sewn by hand, each pillow features a double-sided solid color and is finished with a concealed zipper and faux down insert. Keeping an assortment of throw pillows on hand is the easiest way to give any space an instant refresh.
Crafted with 100% polyester twill fabric
Double-sided print
Concealed zipper enclosure
Includes faux down pillow insert and cover each packed separately
Individually cut and sewn by hand
Available in four sizes and all measurements are made without pillow insert.
Add roughly 1/2" to 1" to overall dimensions when stuffed
Every order is made just for you
Product Note: Throw Pillows are shipped with the cover and insert packed separately. Pillow inserts are larger than the ordered cover size to achieve optimal fullness.
Product Note: Color variations between on-site previews, your screen and printed fabric may occur.