Tag:
New Era
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Latest Headlines
Banks aim to minimize losses from reform
The broad contours of financial reform--especially for credit and debit card operations--have been roughly clear for some time. Banks have been busy figuring out every possible angle, with an eye on maintaining revenue or minimizing losses in all areas. The profit hit could be in the 10 percent ra
The pain of finding a successor for Ken Lewis
The pickings appear to be slim in the hunt for a worthy successor to Ken Lewis as CEO of Bank of America ( BAC ). The board would have to be very circumspect about elevating an internal candidate. The top candidates are encumbered by the baggage of internecine conflict: The Fleet crowd versus th
CEOs of the future
What will it take to run a big company really well over the next few years? People are talking about a new kind of CEO, an evolution from the crop that has upended Wall Street. Fortune says, "Gone is the Lone Ranger with his loyal Tontos. A more workable alternative, in an environment of increased
Goldman Sachs: Winner or loser in credit crunch?
Bloomberg offers the best analysis yet of how Goldman Sachs has fared in the credit crunch. In the end, not even the gilded firm that bet so astutely on the subprime debacle was spared. It was essentially forced to recreate itself as an investment bank. The article offers some nice color on th
