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  • Oct 1- Bank of America Corp said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately. Bank of America posted a bigger-than-expected 70 percent jump in profit in the latest quarter. They closed at $16.82 on the New York Stock Exchange on Wednesday.

  • BofA board names CEO Brian Moynihan chairman Wednesday, 1 Oct 2014 | 5:24 PM ET

    CHARLOTTE, N.C.— Bank of America Chief Executive Brian Moynihan has been named chairman, effective immediately. Like its competitors, Bank of America is still dealing with the fallout from the financial crisis that began in 2007 and the subsequent collapse of the housing market. Bank of America's stock ended regular trading Wednesday down 23 cents to $16.82...

  • Bank of America names CEO Moynihan chairman of board Wednesday, 1 Oct 2014 | 5:07 PM ET

    Oct 1- Bank of America Corp said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately.

  • LONDON, Oct 1- Britain's financial watchdog has launched a full investigation into the Tesco accounting scandal that has now wiped 4 billion pounds from the troubled grocer's stock market value.

  • LONDON, Oct 1- Britain's financial watchdog has launched a full investigation into the accounting scandal at Tesco which wiped 3 billion pounds from the troubled British grocer's stock market value last month.

  • LONDON, Oct 1- Tesco said Britain's financial watchdog had started a full investigation into the company in the wake of an accounting scandal which wiped 3 billion pounds from the British grocer's stock market value last month.

  • Walgreen posts 4Q loss on Alliance Boots charge Tuesday, 30 Sep 2014 | 8:04 AM ET

    Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance-Boots acquisition, but the drugstore chain's results still met Wall Street expectations.

  • UPDATE 1-Canada's TMX names Lou Eccleston as CEO Monday, 29 Sep 2014 | 6:14 PM ET

    TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston left McGraw Hill Financial in July. Eccleston has also previously worked at Thomson Reuters Corp predecessor Thomson Financial, and at Bloomberg LP.

  • Canada's TMX names Lou Eccleston as its new CEO Monday, 29 Sep 2014 | 5:11 PM ET

    TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston previously worked at McGraw Hill Financial, Thomson Reuters Corp predecessor Thomson Financial, and Bloomberg LP.

  • American Apparel hires turnaround expert as CEO Monday, 29 Sep 2014 | 10:27 AM ET
    An American Apparel store is seen in New York.

    American Apparel said it hired Scott Brubaker of turnaround firm Alvarez & Marsal as interim chief executive months after ousting founder Dov Charney.

  • Sept 29- Struggling apparel retailer American Apparel Inc said it had hired Scott Brubaker, a managing director at turnaround firm Alvarez& Marsal, as interim chief executive, three months after ousting controversial CEO and founder Dov Charney.

  • Wal-Mart adds Instagram co-founder to board Monday, 29 Sep 2014 | 9:38 AM ET

    BENTONVILLE, Ark.— Wal-Mart Stores Inc. is adding Instagram co-founder and CEO Kevin Systrom to its board of directors. Wal-Mart Chairman Rob Walton said the move is in part to help expand the company's e-commerce offerings. Wal-Mart Stores shares fell 40 cents to $76.09 in morning trading as the overall market sagged.

  • Sept 29- American Apparel Inc said it hired Scott Brubaker, a managing director at turnaround firm Alvarez& Marsal, as interim chief executive, three months after ousting its CEO and founder Dov Charney. The company also named Hassan Natha, a former Nike Inc executive, as chief financial officer.

  • What happened at Pimco?     Monday, 29 Sep 2014 | 7:34 AM ET

    Wall Street Journal special writer Greg Zuckerman reports Pimco founder Bill Gross became borderline "nasty and eccentric" recently, and provides insight to what led to Gross leaving the company to work at Janus Capital.

  • Gross anatomy: Ripple effects     Monday, 29 Sep 2014 | 7:31 AM ET

    CNBC's Dominic Chu provides insight to the ripple effects at Pimco and the market after news founder Bill Gross announced he is leaving the company.

  • Pimco sees billions in outflows: Report     Monday, 29 Sep 2014 | 6:00 AM ET
    Bill Gross

    CNBC's Andrew Ross Sorkin reports Pimco is working on assuring clients the firm has a solid team in place to manage its funds, despite founder Bill Gross' departure.

  • BNP Paribas names Jean Lemierre as next chairman Friday, 26 Sep 2014 | 5:46 PM ET
    Jean Lemierre

    Lemierre, 64, was the bank's key negotiator in the record $8.9 billion fine it paid this year for violating U.S. sanctions.

  • PARIS, Sept 26- BNP Paribas said on Friday its board had named Jean Lemierre, a former head of Europe's reconstruction bank, as the new chairman of France's biggest lender.

  • PARIS, Sept 26- BNP Paribas said on Friday its board had proposed Jean Lemierre, a former head of Europe's reconstruction bank, as the new chairman of France's biggest lender.

  • Sept 26- T. Rowe Price, the second largest shareholder in Allergan Inc, said on Friday that it wants the company to hold off on making major moves before a Dec. 18 special shareholder meeting, and criticized the board's corporate governance.

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