JPMorgan Chase has narrowly defeated its non-binding proposal to split the Chairman & CEO roles at the bank, reports CNBC's Kayla Tausche.» Read More
JPMorgan Chase has narrowly defeated its non-binding proposal to split the Chairman & CEO roles at the bank, reports CNBC's Kayla Tausche.
*CEO Nick Buckles to step down at end of May. *Will be replaced by CFO Ashley Almanza. Nick Buckles, 52, who has led the company for eight years, will be succeeded at the end of the month by Chief Financial Officer Ashley Almanza, a former executive of oil and gas firm BG Group who joined in March.
Gregg had been adviser to Goldman Sachs. Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress.
Consider any information posted online to be public when it comes to your tax return, reports CNBC's Jackie DeAngelis.
Rep. Kevin Yoder (R-KS) shares his reaction to news the IRS targeted conservative groups. "Americans are expecting Congress and the Federal Government to get to the bottom of this, and to make sure this never happens again," he says.
JPMorgan's CEO Jamie Dimon will learn his fate on Tuesday in regards to splitting up the Chairman and CEO roles. Discussing the pressure banks are under, and the focus on Dimon, with Ben White, POLITICO and Alex Sanchez, Florida Banker's Association
GREENSBORO, N.C.-- The Fresh Market Inc. said Monday that it has appointed Jeffrey Ackerman as its executive vice president and chief financial officer of the specialty grocery chain. Fresh Market's prior CFO left the company in December for a job at a privately held clothing company.
The White House Chief of Staff found out about the IRS scandal after the fact, reports CNBC's John Harwood; and Haley Barbour, Former Governor of Mississippi, discusses the scandal, and whether it's time for tax reform.
CAMP HILL, Pa.-- Drugstore chain Rite Aid Corp.' s board of directors has elected former Blue Shield of California Chairman and CEO Bruce G. Bodaken to its board of directors. Rite Aid spokeswoman Ashley Flower said Bodaken's addition brings the board to 10 members and is not tied to the April resignation of Michael Coutu.
The White House chief of staff was told about the IRS audit after counsel briefed, reports CNBC's John Harwood.
Lawmaker Rep. Sander Levin (D-MI) explains his concern over the IRS scandal. "We need to be sure that this isn't politicized," he says.
President Obama says he learned of the IRS controversy along with the public, and 2 hearings into the scandal are planned for this week, with CNBC's Eamon Javers.
SAC Capital's Steve Cohen is reportedly being subpoenaed to testify before a grand jury, and JPMorgan's Jamie Dimon is facing a crucial vote on his Chairman and CEO roles, with CNBC's Kate Kelly and Kayla Tausche.
NEW YORK, May 20- The Securities Industry and Financial Markets Association named former Republican Senator Judd Gregg as its chief executive officer, the lobbying group said Monday.
Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
May 20- Chesapeake Energy Corp said it hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon. Lawler, who is senior vice president of international and deep-water operations at Anadarko Petroleum, will join Chesapeake on June 17, the company said.
The world’s largest asset manager is far from being an activist investor, but it is starting to ask more questions, the New York Times reports.
Fred Eckert is a onetime Goldman Sachs partner whose business and wealth came crashing down in the turmoil of the financial crisis. Today Mr. Eckert is trying to start a new money management business.
May 17- Caterpillar Inc has reached a deal to cut $135 million from the price owed for a Chinese mining equipment maker, after accounting irregularities were discovered at the acquired company that forced Caterpillar to take a $580 million impairment charge.