Banks must disclose how much they pay top employees, a UK government sponsored report recommended on Thursday in a bid to quell public anger over "bonuses as usual" in a sector shored up by taxpayer bailouts.

Eric Schmidt, the chief executive of Google, visited the Iraqi National Museum in Baghdad and announced his company would create a virtual copy of the museum’s collections at its own expense, and make images of four millenniums of archaeological treasures available online, free, by early next year.

American International Group, the insurer that received billions of dollars in a U.S. bailout, has been authorized by its board to pay Chief Executive Robert Benmosche's $7 million compensation, after it laid to rest concerns that he may quit the post.

Bear Stearns and Lehman Brothers paid their executives largely in stock, and that stock lost most or all of its value when those companies collapsed. But three professors at Harvard - citing a study - dispute that executives at Bear and Lehman were wiped out along with their companies. The New York Times reports.

Several U.S. policy makers consider JPMorgan Chase Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.

The corporate glass ceiling remains firmly in place at companies based in California, according to a study released Wednesday.

Volatility in the financial markets is expected to continue into 2010, but to a lesser extent, said Louis Cheung, group president of China's Ping An Insurance . However, he said despite a strong recovery in the domestic economy, China would not be immune to the global market turbulence.

Goldman Sachs apologized for the role it played in the financial crisis, by taking part in the credit boom which preceded the bursting of the bubble the Financial Times reported Wednesday.

Former Merrill Lynch Chief Executive John Thain, who was fired after a scandal over the payment of billions of bonuses to Merrill traders, argued that big payouts played no role in triggering the financial crisis.

High credit default rates and consumer debt will cause the US economy to recover at a slower pace than it did after previous economic downturns, said Steve Schwarzman, CEO of private equity firm The Blackstone Group.

Cisco Systems has seen its US business recover more quickly than anticipated, and Chairman and CEO John Chambers said he thinks the global economy has reached the first stage of its recovery.

American Express has seen a consistent improvement in write-off rates and 30-day past due, Kenneth Chenault, American Express chairman and Ceo, told CNBC Tuesday.

Lazard on Tuesday named insider Kenneth Jacobs as CEO and chairman, succeeding legendary Wall Street dealmaker Bruce Wasserstein, who died last month.

GMAC Chief Executive Al de Molina has resigned, and will be replaced by Michael Carpenter, the troubled lender said Monday.

Nine chief executives and chairmen from around the world have signed up for an exclusive CNBC initiative, "The Carbon Council", aimed at identifying opportunities in clean technology and the larger business of sustainability.