Tag:
financial expertise
Latest Headlines
Latest Headlines
Directors of failed banks reemerge
In the wake of the financial crisis and bank bailout, bank directors have taken a lot of criticism. In some cases, banks have worked hard to rebuild their boards. We've seen many turnovers on the Citigroup board and the Bank of America board, for example.
But as the New York Times suggests
Are boards at top financial institutions really going to evolve?
You might have thought that shareholders would vent a little more toward the boards of ailing companies, but that really has not come to pass. The proxy season, in fact, was notable for a general lack of anger, except from the activist organizations that raise a stink every year. That said, wh
Citigroup reaches out to... HP?
Hewlett Packard to the rescue? Vikram Pandit, CEO of Citigroup , is reaching out to HP executives for insight into how to stand firm in the face of investor pressure to spin off key assets. The talk seems to be on IT issues, and how they can stitch various units into something whole. HP, of co
