Landon, a partner at private investment fund Community BanCapital, was chief executive of the Bank of Hawaii from 2004 until 2010. Previously, he had worked as the bank's chief financial officer and as CFO at First American in Tennessee. Several lawmakers on Capitol Hill had urged the White House to name someone with community banking experience to one of the...
Federal Reserve's Board of Governors, a source briefed by the White House said on Tuesday. Landon, a partner with private investment fund Community BanCapital, served as chief executive officer of the Bank of Hawaii from 2004 until 2010. The source said the White House would announce the nomination later on Tuesday. Several lawmakers on Capitol Hill have urged...
In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank. It trails JPMorgan Chase, with $2.3 trillion, and Bank of America, with $2.1 trillion.
Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director. The move shocked Wall Street, and Citigroup offered no explanation.
Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director. A second top executive resigned as part of the shake-up: President and Chief Operating Officer John Havens, who also served as CEO of Citi's Institutional Client Group.
Cramer makes the call on viewers' favorite stocks.
Which financials will break out as leaders in 2010? Christopher Whalen, senior vice president and managing director of Institutional Risk Analytics, and Jack Ablin, executive VP and CIO of Harris Private Bank, shared their bank sector outlooks.
Bank stocks slipped this week with big news rocking the sector. How should you trade financials going forward?