Management

Apple Stock Plunge Prompted by Jobs' Health Rumor?

Lori Preuitt NBC Bay Area 10.02.2011
Apple Stock Plunge Prompted by Jobs' Health Rumor?

Which came first the chicken or the egg? That is part of the puzzle today concerning the Silicon Valley darling Apple. Here's the chicken: The stock lost $10 billion in four minutes Thursday. Here's the egg: There is a rumor the Steve Jobs is in ...

HSBC says keeps main CEO office in Hong Kong

Steve Slater and Kelvin Soh Telegraph 26.01.2011
HSBC says keeps main CEO office in Hong Kong

HSBC's (HSBA.L) new chief executive's main office will remain in Hong Kong after the symbolic shift of the CEO office there last year, Europe's biggest bank said on Tuesday.


HSBC chief executive Stuart Gulliver drops plan to move to Hong Kong and stays in London

The City is set to get a boost under plans by HSBC’s new chief executive Stuart Gulliver to remain in London. The decision will mean that Stuart Gulliver, who for years has been one of Britain’s best paid bankers, will continue to pay UK income tax.

Google to give outgoing CEO Schmidt $100 million

Google Inc is set to give Eric Schmidt a $100 million equity award as he hands over the chief executive officer job to co-founder Larry Page.


Apple's Jobs Takes Medical Leave but Remains CEO

Apple CEO Steve Jobs said on Monday the company's board of directors had granted him a medical leave of absence to allow him to focus on his health.

Alwaleed Is Richest Arab Businessman for Seventh Year, Al-Jaber Is Second

Prince Alwaleed bin Talal was ranked the richest Arab businessman by Arabian Business magazine for the seventh year after adding more than $2 billion to his wealth this year.


HSBC names Sarah Legg new CFO for Asia

Andy Lau IBTimes Hong Kong 16.10.2010
HSBC names Sarah Legg new CFO for Asia

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has appointed Sarah Legg as its new CFO for Asia Pacific Operations, effective 3 December 2010. She succeeds Iain Mackay, who will transfer to London in December to become Group Finance ...

AIA names chief financial officer ahead of mega Hong Kong IPO: sources

American International Group Inc has named insurance industry veteran Marc de Cure as the chief financial officer of its Asian life unit, sources with direct knowledge of the matter said on Tuesday, a key appointment ahead of the group's huge IPO.


Lord Davies recruited by Hong Kong billionaire Richard Li

Louise Armitstead Telegraph 09.09.2010
Lord Davies recruited by Hong Kong billionaire Richard Li

Lord Davies, the former Trade Minister and bank executive, has been appointed as chairman of PineBridge Investments, the former asset management division of American International Group (AIG).

HSBC chairman Stephen Green to be trade minister

Graeme Wearden and Polly Curtis The Guardian 08.09.2010
HSBC chairman Stephen Green to be trade minister

Stephen Green, the chairman of HSBC, will step down from the bank to take up the role of trade minister in the coalition government.


DBS HK CEO retires, Bank Danamon exec new HK CEO

DBS Group, Southeast Asia's biggest bank, said on Monday its Hong Kong chief executive Amy Yip will retire at the end of the year and be replaced by a senior banker from Indonesia's Bank Danamon.

$23 million pay off for BP chief executive Tony Hayward

BP was last night poised to boot out boss Tony Hayward - with a near £15MILLION pay-off. The under-fire chief executive could go as early as today after being locked in talks over the weekend.


Daniel Cheng to Lead Korn/Ferry's Global Technology Market in Asia Pacific

Korn/Ferry International (NYSE: KFY), a premier global provider of talent management solutions, today announced the addition of Daniel Cheng to the Firm as Senior Client Partner and Regional Market Leader, Global Technology in Asia Pacific.

MySpace president quits 5 months after reshuffle

Kenneth Li Financial Times 19.06.2010
MySpace president quits 5 months after reshuffle

Jason Hirschhorn, co-president of News Corp-owned MySpace, is leaving the social networking company just five months after a reorganisation forced out the previous chief executive.


Morgan Stanley's Asia Chairman to Step Down

The New York Times 05.06.2010
Morgan Stanley's Asia Chairman to Step Down

Morgan Stanley announced on Friday that Stephen Roach, the chairman of the bank’s Asia operations and one of the region’s most high-profile economists, would relocate from Hong Kong to New York, in part to take up a teaching position at Yale Unive...

HSBC chairman set to quash resignation rumours

HSBC chairman Stephen Green is set to quash speculation his resignation is imminent, telling shareholders that there is no timetable for his departure, the Financial Times reported Wednesday.


HSBC chairman to step down

The Straits Times 26.05.2010
HSBC chairman to step down

HSBC chairman Stephen Green will step down later this year and be replaced by a former senior executive of United States banking giant Goldman Sachs, The Sunday Telegraph newspaper reported.

Citi to Pay Board Member Joss $350,000 for Consulting

Bradley Keoun Bloomberg.com 11.05.2010
Citi to Pay Board Member Joss $350,000 for Consulting

Citigroup Inc. will pay director Robert Joss $350,000 for as little as three weeks of work amid criticism by shareholder-advisory firm Glass, Lewis & Co. that he lacks the independence needed to serve on the board.


DBS' head of capital markets in HK Jimmy Woo quits

DBS Group, Southeast Asia's largest lender, said on Wednesday its head of investment banking in Hong Kong has resigned and will leave the bank in mid-May.

China Construction Bank Names Joseph Yam Non-Executive Director

Aries Poon The Wall Street Journal 30.04.2010
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China Construction Bank Corp. said Thursday it appointed Joseph Yam, the former chairman of the Hong Kong Monetary Authority, an independent non-executive director.