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Thread: Massive Bank and High Profile Resignations Across the World

  1. Link to Post #441
    Avalon Member Sabrina's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.dailymail.co.uk/news/arti...m-Britain.html
    26 March

    Russian banker shot down in London street was seeking political asylum in Britain

    German Gorbuntsov, 45, feared he would be forced back into the clutches of enemies in Russia
    There are fears for the safety of his wife Larisa as the financier's would-be assassin remains at large

    A Russian businessman machine-gunned in London was preparing to claim political asylum in Britain for himself and his family.
    German Gorbuntsov’s business visa, which had allowed him to live here legally since 2008, expires next year.
    It is thought the 45-year-old financier, who was in hiding in London, feared he would be forced to return to Russia and into the clutches of his many enemies.
    full story at link
    Oh my ears and whiskers, how late it's getting!

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  3. Link to Post #442
    Avalon Member Sabrina's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.nationofchange.org/wall-s...nts-1332571419
    26 March

    Wall Street Confidence Trick: The Interest Swaps That Are Bankrupting Local Governemtns (USA)

    The “toxic culture of greed” on Wall Street was highlighted again last week, when Greg Smith went public with his resignation from Goldman Sachs in a scathing oped published in the New York Times. In other recent eyebrow-raisers, LIBOR rates—the benchmark interest rates involved in interest rate swaps—were shown to be manipulated by the banks that would have to pay up; and the objectivity of the ISDA (International Swaps and Derivatives Association) was called into question, when a 50% haircut for creditors was not declared a “default” requiring counterparties to pay on credit default swaps on Greek sovereign debt.

    Interest rate swaps are less often in the news than credit default swaps, but they are far more important in terms of revenue, composing fully 82% of the derivatives trade. In February, JP Morgan Chase revealed that it had cleared $1.4 billion in revenue on trading interest rate swaps in 2011, making them one of the bank’s biggest sources of profit. According to the Bank for International Settlements:

    [I]nterest rate swaps are the largest component of the global OTC derivative market. The notional amount outstanding as of June 2009 in OTC interest rate swaps was $342 trillion, up from $310 trillion in Dec 2007. The gross market value was $13.9 trillion in June 2009, up from $6.2 trillion in Dec 2007.

    For more than a decade, banks and insurance companies convinced local governments, hospitals, universities and other non-profits that interest rate swaps would lower interest rates on bonds sold for public projects such as roads, bridges and schools. The swaps were entered into to insure against a rise in interest rates; but instead, interest rates fell to historically low levels. This was not a flood, earthquake, or other insurable risk due to environmental unknowns or “acts of God.” It was a deliberate, manipulated move by the Fed, acting to save the banks from their own folly in precipitating the credit crisis of 2008. The banks got in trouble, and the Federal Reserve and federal government rushed in to bail them out, rewarding them for their misdeeds at the expense of the taxpayers.

    How the swaps were supposed to work was explained by Michael McDonald in a November 2010 Bloomberg article titled “Wall Street Collects $4 Billion From Taxpayers as Swaps Backfire”:
    full story at link
    Oh my ears and whiskers, how late it's getting!

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  5. Link to Post #443
    United States Administrator ThePythonicCow's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    I'll wager, Sabrina, that you did not realize, when you set out to document these resignations, how much work you signed yourself up for .

    Thanks!
    My quite dormant website: pauljackson.us

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  7. Link to Post #444
    Avalon Member Sabrina's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    Keeps growing...

    http://americankabuki.blogspot.co.uk...rld-banks.html

    "Some big names on Wall Street are eager to step out of the spotlight after enduring years of financial-crisis turbulence and negative attention from politicians and protesters, said Peter Ressler, the chief executive of RMG Search."
    UPDATE 3/25/12, Thanks to my assistant Sophie we have another update for you. I'll try to get this out twice a week or at least once a week. The trend is still strong it seems.


    Gabriel at http://www.facebook.com/MassResignations is tracking Insurance, Government and Healthcare Resignations.



    Love and Peace, American Kabuki

    450 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS
    I don't mind if you re-blog this listing. Save yourself the wear and tear on your karma and do me the favor of including http://americankabuki.blogspot.com in your reposting. Thanks to all who have caught minor errors. Special thank to Gabriel at Facebook Global Mass Resignations for some resignations I did not find in my searches.

    Abreviations used:
    CEO = Chief Executive Officer
    CFO = Chief Financial Officer
    CIO = Chief Investment Officer
    COO = Chief Operating Officer
    EVP = Executive Vice President
    CRO = Chief Risk Officer
    INC = Incorporated (can be private held or publically traded shares)
    PLC = Public Limited Company (publicly traded shares can be listed or unlisted on stock market)
    LTD = Limited Company (privately held)
    LLC = American version of LTD, but can have a shareholder/member that is an INC, often hybrids of both
    AG = German version of PLC
    AB = Swedish version of PLC
    SA = Society Anonymous in various latin languages - same as PLC
    NV = Dutch version of PLC
    BV = Dutch version of LTD
    LP = Limited Partners (partnership with limited liability)
    REIT = Real Estate Investment Trust

    Click here to scroll to latest additions to list, then scroll up.

    9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UP
    http://goo.gl/NdW7q
    9/06/11 (BELGIUM) Dexia confirmed that its CEO Stefaan Decraene had left the company. Its exposures to sovereign debt in the PIIGS nations are larger than its core Tier 1 capital.
    http://goo.gl/vuhvd
    9/09/11 (GERMANY) European Central Bank (ECB) governing board member Jürgen Stark, who has resigned
    http://goo.gl/t83S4
    9/09/11 (US OR) Chief investment officer for the Oregon State Treasury Ron Schmitz resigns.
    http://goo.gl/nZ88q
    9/12/11 (HONG KONG) HSBC Group Hang Seng Bank Non-Executive Director Mark McCombe resigns
    http://goo.gl/mCTgi
    9/12/11 (US PA) First Commonwealth Financial Corp, Exec. vice president/strategic resources Thaddeus J. Clements resigns
    goo.gl/6ZMXF
    9/14/11 (USA NJ) Columbia Bank CEO Raymond G. Hallock Announces Retirement
    http://goo.gl/UjUZY
    9/14/11 (NEW ZELAND) AMP NZ Office Limited (ANZO), Mark Verbiest has resigned as a director. His resignation arises due to his desire to devote the necessary time and energy to his prospective new role as Chairman of Telecom, assuming the Telecom demerger is sanctioned by Telecom shareholders.
    http://goo.gl/LjSI0
    9/15/11 (USA NY) Morgan Stanley, Chairman John Mack resigns
    http://goo.gl/jWWv7
    9/18/11 (JORDAN) Central Bank governor Faris Sharaf resigns over policy
    http://goo.gl/8yU5N
    9/19/11 (US MS) COO of Parkway Properties (REIT) William Flatt Resigns
    goo.gl/Y3kr4
    9/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
    http://goo.gl/Dx8qs
    9/20/11 (JAPAN) BLife Investment Corporation (Diawa House Asset Management) Director Masaomi Yamadaira resigns
    goo.gl/EYOau
    9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perry resigned
    http://goo.gl/Qx0Va
    9/23/11 (Singapore) Executive board director Rohit Bhagat has tendered his resignation to the board of BlackRock (Singapore) Limited and BlackRock Asset Management North Asia Limited.
    http://goo.gl/Nksjb
    9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisis
    http://goo.gl/WCeqB
    9/25/11 (USA CA) Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company http://goo.gl/24aAU
    9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
    http://goo.gl/7dNiD
    9/29/11 (UK) Barclays, Head of UK & European Retail Banking Deanna Oppenheimer resigned.
    http://goo.gl/o63jO
    9/29/11 (USA NM) New Mexico Pension Fund Director Terry Slattery Resigns
    http://goo.gl/BzLn4
    9/30/11 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Ms Tang Buck Kiau resigned.
    http://goo.gl/VGxjv
    9/30/11 (ICELAND) Alternate board member of Iceland State Financial Investments Thórdís Bjarnadóttir resigns
    goo.gl/0c2em
    10/01/11 (USA MO) Federal Reserve Bank of Kansas City President Thomas M. Hoenig retired on Oct. 1, 2011
    http://goo.gl/B8WK7
    10/03/11 (INDIA) The of Euram Bank Asia, president Arun Panchariya, has resigned after being implicated in a stock trading scandal in India.
    http://goo.gl/yh2bF
    10/03/11 (GHANA) Intercontinental Bank Ghana Limited, Managing Director and CEO Albert Mmegwa resigned.
    http://goo.gl/Vc252
    10/03/11 (USA FL) Quantek Opportunity Fund, portfolio manager Javier Guerra. Arbitration awarded $1 million damages to Aris Multi-Strategy Fund. Quantek Asset Management made false statements to Aris.
    http://goo.gl/udpBA
    10/05/11 (UK) UBS co-chief François Gouws of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
    http://goo.gl/OuUjr
    10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.
    http://goo.gl/OuUjr
    10/10/11 (BELGIUM) Dexia (Franco-Belgian bank) its chairman Jean-Luc Dehaene will give up his role on the board of Dexia's Belgian division, which is being sold to the Belgian state as part of a rescue deal, the group said on Monday.
    http://goo.gl/vyldE
    10/11/11 (UK) BlackRock, head of sterling portfolios and manager of the Corporate Bond fund, Paul Shuttleworth, has resigned after 11 years at the firm.
    http://goo.gl/FMBjw
    10/11/11 (UK) Dynamic Funds, portfolio manager David Taylor has resigned.
    http://goo.gl/GZCt5
    10/11/11 (CHINA) China Construction Bank Non-Executive Direct Sue Yang resigns for personal reasons.
    http://goo.gl/ip8Un
    10/13/11 (UK) Cogent Partners co-head research department Katita Palamar resigned.
    http://goo.gl/TVLWO
    10/13/11 (UK) Cogent Partners co-head research department Bill Farrell resigned.
    http://goo.gl/TVLWO
    10/13/11 (US OR) MBank CEO Rex Brittle resigns
    goo.gl/D48Vh
    10/14/11 (USA TX) Deutsche Bank Investment Advisor Griffin Perry resigns, SEC regulations prevented him from campaigning for his father Rick Perry's Presidential campaign.
    http://goo.gl/R0PgH
    10/23/11 (USA) Fairholme Capital Management LLC, Director Charles Fernandez stepped down for personal reasons. Fairholme Fund has lost 26 percent of its net asset value due to bets that have backfired on AIG Inc, Bank of America Corp and Florida-based landowner and developer St Joe Co.
    http://goo.gl/vzTbY
    10/24/11 (ICELAND) Icelandic State Financial Investments board members of Icelandic State Financial Investments have resigned following “outside interference” with their Sept. 30 decision to hire Pall Magnusson, the former political adviser to the island’s industry minister, as chief executive officer. [names and positions have been requested from the reporter on 3/9/12]
    http://goo.gl/lEpz2
    10/24/11 (SINGAPORE) Keppel Corporation Limited, Teo Soon Hoe will resign from his role as group finance director Jan 1.
    http://goo.gl/l90be
    10/26/11 (INDIA) Beed District Bank (Coop Bank) CEO B S Deshmukh arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
    http://goo.gl/CXL7Z
    10/26/11 (INDIA) Beed District Bank (Coop Bank) former CEO A N Kulkarni arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.
    http://goo.gl/CXL7Z
    10/26/11 (US VA) The Federal Home Loan Mortgage Corporation, CEO Charles E. Haldeman will retire in 2012
    goo.gl/CF4SF
    10/27/11 (USA NY) Keefe, Bruyette & Woods Inc (KBW) CEO John Duffy stepped aside. Duffy has prostate cancer.
    http://goo.gl/i1s3E
    10/27/11(US WA) Pacific International Bank CEO Woosung "Edward" Park abruptly resigns
    goo.gl/nJgkI
    10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resigns
    http://goo.gl/fdd9v
    10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resigns
    http://goo.gl/yWX9R
    10/31/11 (EUROPEAN COMMUNITY) European Central Bank President Jean-Claude Trichet, resigns.
    http://goo.gl/ygG59
    11/01/11 (INDIA) Beed District Bank (Coop Bank More directors resign [research still being conducted on the names]
    http://goo.gl/HD8BQ
    11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)
    http://goo.gl/3L9gE
    11/03/11 (POLAND) Nordea Bank Poland, Wlodzimierz Kicinski resigned from as President of the Management Board of Nordea Bank Poland as of the 10th of November.
    http://goo.gl/oKUVZ
    11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.
    http://goo.gl/tUaVY
    11/04/11 (SWITZERLAND) Hyposwiss Private Bank Ltd., Director Hans Bodmer resigns from the Board
    goo.gl/5ydhv
    11/07/11 (SINGAPORE) Singapore Mercantile Exchange (SMX), CEO Framroze Pochara quits.
    http://goo.gl/eum87
    11/08/11 (SINGAPORE) The Singapore Fund, Inc, Austin C. Dowling has resigned as Director of the Fund
    http://goo.gl/bCUhI
    11/09/11 (USA NY) HSBC Israeli desk, managing director Issac Doueck resigned.
    http://goo.gl/zuCJE
    11/09/11 (ISRAEL) HSBC Israeli desk, senior representative Simon Hakim resigned.
    http://goo.gl/zuCJE
    11/09/11 (SWITZERLAND) HSBC Israeli desk, head of Israel Dan Sagi resigned.
    http://goo.gl/zuCJE
    11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
    http://goo.gl/zuCJE
    11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.
    http://goo.gl/zuCJE
    11/10/11 (EUROPEAN COMMUNITY) European Central Bank Lorenzo Bini Smaghi resigned from the European Central Bank’s Executive Board.
    http://goo.gl/Invjc
    11/11/11 (HONG KONG) Goldman Sachs' Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 years
    http://goo.gl/pejs3
    11/10/11 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resigned
    http://goo.gl/3aTh2
    11/15/11 (USA NY) Icahn Enterprises LP, senior managing director of health-care investing, Alex Denner, has resigned.
    http://goo.gl/X1A4i
    11/16/11 (EUROPEAN COMMUNITY) International Monetary Fund Europe, director Antonio Borges resigns for personal reasons.
    http://goo.gl/55CqZ
    11/17/11 (NETHERLANDS) Syntrus Achmea (pensions manager), CIO Marjolein Sol is resigning.
    http://goo.gl/Xqxsr
    11/17/11 (INDIA) Nomura India's investment banking head Nipun Goel resigns
    goo.gl/RaK9X
    11/17/11 (INDIA) Nomura India's Capital market division head Indraneil Borkakoty resigns
    goo.gl/RaK9X
    11/17/11 (INDIA) Nomura India's executive director Shubham Majumder resigns
    goo.gl/RaK9X
    11/18/11 (US WA) President and Chief Executive Officer of the Federal Home Loan Bank of Seattle Steven R. Horton retires
    goo.gl/cjJJD
    11/18/11 (US MD) Legendary mutual fund manager Bill Miller CIO of Legg Mason Capital Management and portfolio manager of LM Value Trust resigns
    goo.gl/YO4CJ
    11/18/11 (ICELAND) Horn Invest hf., Director of the Board of Guðrún Ragnarsdóttir resigned
    goo.gl/k54sv
    11/18/11 (ICELAND) CEO of Landsbankinn Steinthór Pálsson resigned from the Board of Horn Invest hf.
    goo.gl/k54sv
    11/18/11 (SCOTLAND) Scottish Widows Investment Partnership Limited (SWIP) Private Equity Fund, wish to announce the resignation of John Brett from the Board of Directors of the Company, for business reasons.
    http://goo.gl/MLsp8
    11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
    http://goo.gl/OiDiq
    11/23/11 (GERMANY) CEO of Clearstream Banking AG, Frankfurt Andreas Wolf resigns and leaves the boards of Clearstream International S.A., Luxembourg and Deutsche Börse Group
    goo.gl/FE2TB
    11/23/12 (USA SC & NC) Bank of the Carolinas, CFO Eric Rhodes resigns for personal reasons. Bank of the Carolinas was delisted from the NASDAQ on 3/9/12
    http://goo.gl/oytcD
    11/24/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Simon Vanstone resigns.
    http://goo.gl/x5Fl6
    11/28/11 (LATVIA) Latvia’s chief banking regulator, Irena Krumane, said she resigned today, a week after the state took over Latvijas Krajbanka AS (LKB1R), the Baltic News Service reported. The bank regulator suspended operations at Krajbanka, a subsidiary of Lithuania’s Bankas Snoras AB, on Nov. 21 and said around 100 million lati ($191.8 million) was missing. The Lithuanian government seized Snoras on Nov. 16 saying assets reported on the lender’s balance sheet were missing.
    http://goo.gl/mUvLF
    11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bank
    http://goo.gl/XncOc
    11/29/11 (NORWAY) Carnegie ASA’s co-head of investment banking in Norway, Cato Holmsen, has resigned
    http://goo.gl/utIfy
    11/29/11 (FRANCE) AXA Real Estate Investment Managers, Global head of business development, strategy and research for Kiran Patel, has handed in his resignation. Patel was with the firm for 11 years.
    http://goo.gl/iGjB6
    11/30/11 (LITHUANIA) Lithuania Central Bank, Governor Vitas Vasiliauskas fired Kazimieras Ramonas, head of the banking supervision department, after seizing Bankas Snoras AB, the country’s third-biggest deposit bank.
    http://goo.gl/EiqUC
    11/31/11 (AUSTRALIA) Commonwealth Bank CEO Sir Ralph Norris Australia's highest-paid banker, quits
    goo.gl/UBSmh
    12/01/11 (SRI LANKA) Sri Lanka's Securities and Exchange Commission (SEC) head Indrani Sugathadasa resigned.
    http://goo.gl/6qzny
    12/02/11 (PAKISTAN) NIB Bank, Singapore forced resignation of CEO Khawaja Iqbal Hassan, for mismanagement
    http://goo.gl/ojDcu
    12/03/11 (USA SC) South Carolina's $25 billion pension fund chief investor Robert Borden resigned. Borden's resignation comes as the SC Retirement System faces a $13 billion deficit, prompting state lawmakers to call for a massive overhaul of the system.
    http://goo.gl/ypK2G
    12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns
    http://goo.gl/peFGD
    12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO Philip Butterfield retires
    http://goo.gl/peFGD
    12/06/11 (USA ) Western Liberty Bancorp CFO George Rosenbaum has resigned.
    http://goo.gl/ozuwB
    12/08/11 (USA) Fidelity Global Special Situations Fund, manager Jorma Korhonen resigned.
    http://goo.gl/a7Rhw
    12/08/11 (INDIA) Nomura's co-head of equity-linked solutions Neeraj Hora, resigns
    http://goo.gl/WYcjR
    12/09/11 (France) Executive board director of Kléline Abdallah Hitti resigned. Kléline is an electronic banking arm of the Group BNP PARIBAS .
    http://goo.gl/NpLqc
    12/12/11 (Papua New Guinea) Bank South Pacific (BSP) chairman Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries.
    http://goo.gl/6NiyY
    12/14/11 (MAURITIUS) African Alliance Africa Pioneer Fund I (the "Fund"), Portfolio Manager Paul David Austin Clark resigned
    http://goo.gl/YiagF
    12/14/11 (USA NY) Goldman Sachs global head Milton R. Berlinski retiring at the end of the year
    http://goo.gl/Xj0l4
    12/14/11 (IRELAND) AfricanAlliance I's portfolio manager Paul David Austin Clark resigns
    goo.gl/xhMkw
    12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resigns
    http://goo.gl/ANN5B
    12/19/11 (CANADA) Holloway Lodging Real Estate Investment Trust (a REIT) CEO Glenn Squires has resigned
    http://goo.gl/8rAKb
    12/19/11 (JAPAN) Citibank Japan CEO, Darren Buckley, resigns after Citibank was punished by regulators for the third time in seven years.
    http://goo.gl/ScT47
    12/19/11 (DENMARK) Danske Bank Peter Straarup, who will retire February 15
    http://goo.gl/06c2b
    12/19/11 (DENMARK) Danske Bank Eivind Kolding has resigned as Chairman of the Board of Directors and from the three board committees on which he served, He continues as member of Danske Bank’s Board of Directors until he assumes the position of Chairman of the Executive Board on 15 February 2012. On the same day, at the latest, Eivind Kolding will resign from the A.P. Moller-Maersk Group.
    http://goo.gl/06c2b
    12/20/11 (UK) Prudential (UK) Chairman Harvey McGrath has informed the Board of his intention to retire from the Board in 2012 once a successor has been found.
    http://goo.gl/IPOzf
    12/20/11 (USA MA) Century Bancorp, Inc., Director Roger S. Berkowitz resigned.
    http://goo.gl/bbdeT
    12/21/11 (USA MN) Voyager Bank, fired CEO trade accusations, New details have emerged in Voyager Bank's firing of its CEO in a court filing that accuses him of defrauding the bank of $15 million. The former CEO, Timothy Owens, has sued the bank for wrongful termination and accused the bank of defaming him.
    http://goo.gl/3Q1Vg
    12/23/11 (USA VA) Virginia National Bank (VNB) Chairman Mark Giles quits
    http://goo.gl/dFDpH
    12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Claire Gargalli quits
    http://goo.gl/kowkW
    12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Leslie Disharoon quits
    http://goo.gl/kstLp
    12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Neal Kassell quits
    http://goo.gl/NrrPZ
    12/23/11 (USA) Third Avenue Value Fund, co-manager Marty Whitman is leaving.
    http://goo.gl/iMe99
    12/23/11 (US NV) Chief financial officer of Western Liberty Bancorp George Rosenbaum resigns
    goo.gl/R9vey
    12/31/11 (US CA) Wells Fargo Senior EVP Mark Oman retires
    goo.gl/T0OFC
    1/01/12 (US FL) OptimumBank Larry Willis left the board shortly after he was re-elected at the company shareholder meeting.
    goo.gl/GDcFX
    1/01/12 (SINGAPORE) Keppel's group finance director Teo Soon Hoe resigns
    goo.gl/nfPWd
    1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resigns
    http://goo.gl/b6AoA
    1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 years
    http://goo.gl/xwlFt
    1/03/12 (GREECE) Marfin Popular Bank Public Co Ltd, Mr Eleftherios Hiliadakis has resigned from the Board of Directors.
    http://goo.gl/MuFa0
    1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps down
    http://goo.gl/joExI
    1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position.
    http://goo.gl/DP1uK
    1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Board
    http://goo.gl/SKE7j
    1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.
    http://goo.gl/bzZtQ
    1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps down
    http://goo.gl/zvo1L
    1/05/12 (USA NY) Blackstone/GSO Senior Floating Rate Term Fund and Blackstone/GSO Long-Short Credit Income Fund announced that John R. O’Neill has resigned.
    http://goo.gl/ZiWGL
    1/07/12 (UK) Arab Banking Corporation Intl. Bank (ABCIB) Manama, Bahrain: ABCIB announced retirement of CEO Nofal Barbar from its London office.
    http://goo.gl/yF0Mm
    1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resigns
    http://goo.gl/5qsUu
    1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of Staff William M. Daley resigned
    http://goo.gl/34F0B
    1/09/12 (USA NY) Morgan Stanley Chief Legal Officer Frank Barron retires.
    http://goo.gl/XYCwJ
    1/09/12 (SWITZERLAND) Temenos Group AG, provider of core banking software announced the resignation of Mark Austen as a member of the Board of Directors.
    http://goo.gl/l6QzM
    1/10/12 (LIECHTENSTIEN) LLB CEO and chairman Josef Fehr resigned .
    http://goo.gl/a4gTh
    1/10/12 (US DC) Fannie Mae (The Federal National Mortgage Association) Chief Executive Michael J. Williams resigns
    goo.gl/8dver
    1/10/12 (USA IN) Security Bank of Springfield, president and CEO Steve Cour has announced plans to retire at the end of June.
    http://goo.gl/jFbYA
    1/11/12 (KAZAKHSTAN) BTA Bank, CEO Marat Zairov resigns for health reasons.
    http://goo.gl/yAHgr
    1/11/12 (SWITZERLAND) La Banque Privée Edmond de Rothschild, CEO Claude Messulam resigns, replaced by Christophe de Backer, Claude Messulam to become a director of the bank holding company.
    http://goo.gl/vWr3i
    1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires
    http://goo.gl/i2TVk
    1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires
    http://goo.gl/i2TVk
    1/13/12 (IRELAND) National Asset Management Agency, head of lending Graham Emmett is resigning
    http://goo.gl/GN3h3
    1/13/12 (USA DC) World Bank, Vice President for Africa, Oby Ezekwesili will retire from her position at the World Bank in May.
    http://goo.gl/fiUsU
    1/16/12 (UAE) Ajman Bank CEO Mubashar Khokhar resigns
    goo.gl/FJuYd
    1/17/12 (CANADA) Cumberland Private Wealth Management CIO John Wilson quit to join another money manager.
    http://goo.gl/3JuNJ
    1/17/12 (HONG KONG) Oversea-Chinese Banking Corporation Limited (OCBC Bank) CEO David Conner retires.
    http://goo.gl/83Z1i
    1/17/12 (UK) Morgan Stanley Intl, chairman Walid Chammah is retiring. An inside source speculated that it could mean that the company had suffered exposure to European sovereign debt woes under Chammah's purview.
    http://goo.gl/e7vS7
    1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Ali Yousef Al Awwadhy resigned.
    http://goo.gl/0PoIM
    1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Miss Anoud Fadhel Al Hathran resigned.
    http://goo.gl/0PoIM
    1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Tarek Farid Al Othman resigned.
    http://goo.gl/0PoIM
    1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Salem Ali Hassan Al Ali resigned.
    http://goo.gl/0PoIM
    1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Majed Ali Oweid Awadh resigned.
    http://goo.gl/0PoIM
    1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Badr Suliman Al Ahmed resigned.
    http://goo.gl/0PoIM
    1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business David Heller resigns.
    http://goo.gl/TMHvx
    1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business Edward Eisler resigns.
    http://goo.gl/TMHvx
    1/18/12 (USA) Goldman Sachs co-head of its investment management division Ed Forst resigns.
    http://goo.gl/TMHvx
    1/19/12 (UK) Santander, senior director Americas division Francisco Luzón is retiring with a pension pot of about €56m, a package whose generous size is expected to reignite controversy over bankers’ remuneration.
    http://goo.gl/XMRvP
    1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Alaa' Sabaa resigned from board of directors.
    http://goo.gl/5Eze1
    1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Wael EL Mahgary resigned from board of directors.
    http://goo.gl/5Eze1
    1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quits
    http://goo.gl/6FuWe
    1/20/12 (SOUTH AFRICA) First National Bank's sharia banking division is in a state of flux after it was hit by a corporate governance scandal in which its chief executive, Ebi Patel, was put on "special leave" for almost a month while an internal probe was conducted. Patel has been reinstated, but is facing disciplinary action. Islamic finance forbids the payment and receipt of interest (riba), and investment in some industries. Sharia law states that interest-bearing transactions result in economic ills such as unemployment and high inflation. Trading in derivatives and speculative investment are also forbidden. Sharia law requires all transactions to be backed by tangible assets.
    http://goo.gl/NmGJP
    1/20/12 (USA) TIAA-CREF executive vice president and president of Asset Management, Scott C. Evans resigned
    http://goo.gl/f6qLs
    1/20/12 (SOUTH AFRICA) South African deputy economic development minister Enoch Godongwana quit his post this week in the face of growing outrage in government circles about his involvement in a company that allegedly defrauded clothing factory workers of R100-million of their pension fund money.
    http://goo.gl/ZADvn
    1/21/12 (UK) Butterfield Private Bank head Danny Dixon Steps Down
    http://goo.gl/sdY1p
    1/21/12 (SINGAPORE) ANZ Asia's private banking head Nina Aguas resigns as managing director of Asia-Pacific private banking.
    http://goo.gl/hlHvG
    1/21/12 (USA CA) Nara Bancorp (Now called BBCN) President and CEO Min Kim Resigns
    http://goo.gl/rcfJ3
    1/22/12 (KENYA) National Bank of Kenya's (NBK) managing director, Mr Reuben Marambii, will resign before year end.
    http://goo.gl/c2n7r
    1/23/12 (SOUTH AFRICA) The South Africa Private Equity and Venture Capital Association (SAVCA) CEO JP Fourie resigned
    http://goo.gl/dmxFI
    1/24/12 (IRELAND) Deutsche International Corporate Services Limited fund, Paul Shevlin resigned as a director
    http://goo.gl/OjZFF
    1/24/12 (SWITZERLAND) Global Fund to Fight AIDS, Tuberculosis and Malaria, Dr. Michel Kazatchkine, a French clinical immunologist and head of the $22.6 billion fund has abruptly resigned, since revelations about corruption and misspending severely rattled some of its biggest donors. The resignation came on the eve of the World Economic Forum meeting in Davos, which played a role in its creation a decade ago. A dinner for the public-private fund is planned Thursday with U.N. Secretary-General Ban Ki-moon and major backers Bill Gates and the Bill & Melinda Gates Foundation. The shakeup resulted from an internal review to address problems highlighted in Associated Press stories last year about the loss of tens of millions of dollars in grant money because of mismanagement and alleged fraud. Its biggest private donor is the Bill & Melinda Gates Foundation, which has pledged $1.15 billion and provided it with $650 million so far.
    http://goo.gl/bqXs8
    1/25/12 (Papua New Guinea) Bank South Pacific (BSP) chairman Kostas Constantinou resigned as a director of the Board of Bank of South Pacific Limited and its subsidiaries.
    http://goo.gl/vh3az
    1/25/12 (UK) SOFIA PROPERTY FUND LIMITED, Gerry Williams has resigned as a Director, following his resignation from Ardel Holdings Limited ("Ardel") where he was CEO. Ardel is the holding company of Ardel Fund Services Limited which provides administration services in Guernsey to the Company.
    http://goo.gl/kDfVv
    1/25/12 (USA NY) Fortress Private Equity, CEO Daniel Madrid (aka Daniel Mudd) has resigned. Madrid was forced to leave in order to deal with SEC allegations. Prior to joining Fortress, Madrid served as Fannie Mae CEO and was forced to resign. SEC sued Madrid and former Freddie Mac CEO Richard West Long (aka Richard Syron) for hiding hundreds of billions of dollars in subprime loans. Madrid denied the SEC allegations saying the US govt. and investors were informed of Fannie Mae’s loan data.
    http://goo.gl/u9IdB and http://goo.gl/v94ik and http://goo.gl/tXQwP
    1/27/12 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Mr Graham Sugden resigned.
    http://goo.gl/VZYHY
    1/27/12 (SOUTH AFRICA) ABSA Group COO Alfie Naidoo would be leaving to pursue personal interests
    http://goo.gl/cVWnA
    1/27/12 (SOUTH AFRICA) ABSA Group chief marketing and communication officer Happy Ntshingila, will be taking up an "exciting position" outside banking
    http://goo.gl/cVWnA
    1/27/12 (SOUTH AFRICA) ABSA Group CEO Daphne Motsepe retires at the end of April after a 10-year career at the bank.
    http://goo.gl/cVWnA
    1/29/12 (PORTUGAL) Banco Santander Totta SA executive chairman Nuno Manuel da Silva Amado has resigned
    http://goo.gl/Glvdn
    1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Down
    http://goo.gl/BwUgv
    1/29/12 (UAE) NBD, Emirates 's investment banking division CEO Suresh Kumar is leaving the bank
    http://goo.gl/S1x0F
    1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COO Andrew Graham steps down
    http://goo.gl/4SDW8
    1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthood
    http://goo.gl/CoLVS
    2/01/12 (US CT) President and CEO of the First National Bank of Suffield George W. Hermann resigns
    goo.gl/JLlHz
    2/01/12 (SYRIA) Arab Bank Syria Board member Basma Talal Zein resigns.
    http://goo.gl/WXxzw
    2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resigns
    http://goo.gl/IP8nH
    2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quits
    http://goo.gl/OqRVo
    2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of February
    http://goo.gl/vjO5M
    2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruption
    http://goo.gl/bb5sh
    2/02/12 (USA) American Perspective Bank, President and CEO Thomas J. Beene resigned.
    http://goo.gl/K66eb
    2/02/12 (USA) NIR Group hedge funds, Corey Ribotsky was forced out of NIR by Pricewaterhouse-Coopers, the court-appointed liquidator, following allegations of fraud by the Securities and Exchange Commission. In September, the SEC sued Ribotsky and NIR for taking more than $1 million of investors’ money to buy cars and watches.
    2/02/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Nathalie Savey resigned.
    http://goo.gl/cXB8u
    2/03/12 (VIETNAM) VinaCapital Vietnam Opportunity Fund Limited's director Horst Geicke resigns
    goo.gl/vCQJU
    2/03/12 (UK) VinaCapital Vietnam Opportunity Fund Ltd, Non-Executive Director Horst Geicke has resigned.
    http://goo.gl/r955T
    2/03/12 (UK) UBS London trader, Kweku M. Adoboli, was arrested and charged with fraud and false accounting, forcing UBS to announce a $2.3 billion trading loss.
    http://goo.gl/ClTaq
    2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quit
    http://goo.gl/pG2jF
    2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quit
    http://goo.gl/bRv9K
    2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
    http://goo.gl/OhCEb
    2/06/12 (USA NY) TD Ameritrade, head of retail distribution John Bunch resigns. Bunch is leaving to take the top job at a small investment advisory firmin Kansas City.
    http://goo.gl/kgS7M
    2/06/12 (CANADA) Director of Sprott Inc. Mark McCain resigns
    goo.gl/ZUVp8
    2/07/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retires
    http://goo.gl/i7AUY
    2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quits
    http://goo.gl/fP03J
    2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)
    http://goo.gl/PiQSy
    2/07/12 (UK) Agneash Soft Commodities PLC, an investment company in mineral, announced resignation of its Chief Investment Officer Tom Winnifrith .
    http://goo.gl/LDgl9
    2/07/12 (US NY) BlackRock, General counsel Robert P. Connolly leaves
    goo.gl/l7c9v
    2/08/12 (SOUTH AFRICA) Standard Bank Group Ltd - Resignation of Group Secretary Loren Wulfsohn
    http://goo.gl/K1pfn
    2/08/12 (USA OH) Cleveland International Fund (CIF) private equity fund, A. Eddy Zai launched and led the Cleveland International Fund, an investment outfit that pairs wealthy foreign investors hoping for U.S. residency with job-creating projects. Zai resigned from his job this week, before being indicted in a bank-fraud scheme that, according to investigators, contributed to the collapse of a credit union in Eastlake.
    http://goo.gl/tgamf
    2/08/12 (UAE) Emirates NBD makes top-level changes Bank's deputy chief executive officer Abdul Wahed Al Fahim has resigned.
    http://goo.gl/JUdNd
    2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 62 year old Monsignor Emilio Messina, the Archdiocese of Camerino-San Severino Marche investigated on money laundering by Italian officials.
    http://goo.gl/uztVU
    2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 49 year old Father Don Salvatore Palumbo of the socially popular parish of San Gaetano
    http://goo.gl/uztVU
    2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 37 year old Father Horace Bonaccorsi of Catania, already tried and acquitted in Sicily for money laundering offenses recycling money through accounts at IOR
    http://goo.gl/uztVU
    2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 85 year old Father Don Evaldo Biasini of Rome. Father Don Evaldo Biasini is known as the "Don of Cash".
    http://goo.gl/uztVU
    2/09/12 (IRELAND) SPL Investment Funds's director John Davey discharged
    goo.gl/h814P
    2/09/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quits
    http://goo.gl/8BuXy
    2/09/12 (UK) JP Morgan Chinese Investment Trust PLC, non-executive Director Madam Yujiang Zhao resigned
    http://goo.gl/CPO23
    2/09/12 (UK) Alliance Trust Savings (ATS), Robert Burgess is stepping down as CEO.
    http://goo.gl/ohHG3
    2/10/12 (NIGERIA) Peace Capital Market Limited Managing Director Sabinus Iroanya Chukwu resigns
    goo.gl/MlI5N
    2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps down
    http://goo.gl/DBKdc
    2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resigns
    http://goo.gl/wMl5g
    2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resigns
    http://goo.gl/GFvIy
    2/13/12 (UK) Goldman Sachs confirmed on Monday that George N. Mattson, one of the firm’s top deal makers in the industrial sector, will retire. He was a senior relationship banker with a client list that included General Motors, General Electric and Caterpillar.
    http://goo.gl/vgnq2
    2/13/12 (HONDURAS) Honduras finance minister William Chong Wong, resigned on Monday after the International Monetary Fund (IMF) said the country did not reach its deficit and monetary targets for 2011.
    http://goo.gl/drgHY
    2/13/12 (US PA) AmerisourceBergen CFO Michael DiCandilo Abruptly Leaves.
    http://goo.gl/ElyIk
    2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resigns
    http://goo.gl/iQ0n8
    2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bank
    http://goo.gl/uHp6C
    2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Raza resigned
    http://goo.gl/scexo
    2/14/12 (USA NY) Goldman Sachs Jeffrey Moslow resigns, an investment banker to companies such as Tyco International Ltd, Nstar, the Boston-based utility, and defense contractor Dyncorp International Inc.
    http://goo.gl/7h4O7
    2/15/12 (SOUTH AFRICA) HPA - Hospitality Property Fund Limited, chairman Frank Berkeley resigned.
    http://goo.gl/wJmpR
    2/15/12 (USA) Boston Properties (REIT), Executive VP and COO E. Mitchell Norvilleto resigned
    http://goo.gl/AW7X7
    2/15/12 (WORLD) World Bank CEO Zoellick resigns
    http://goo.gl/dHDSm
    Did the White House tell the World Bank president that he's out?
    http://goo.gl/wUOgb
    2/15/12 (CHINA) Morgan non-executive chairman Stanley Stephen Roach will be retiring.
    http://goo.gl/MQeGW
    2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resigns
    http://goo.gl/SNsVI
    2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resigns
    http://goo.gl/TyYiJ
    2/16/12(CHINA) Goldman Sachs Vice Chairman in Asia Pacific excluding Japan Mark Machin steps down
    goo.gl/mx4Hw
    2/16/12 (USA IL) Deerfield Capital Management LLC, CEO Daniel Hattori and CEO of CIFC Corp resigned.
    http://goo.gl/LLNnD
    2/16/12 (USA IL) Deerfield Capital Management LLC, COO Luke Knecht and CEO of CIFC Corp, resigned both positions.
    http://goo.gl/LLNnD
    2/16/12 (UK) The Financial Services Authority Margaret Cole is to step down
    http://goo.gl/yT6rS
    2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps down
    http://goo.gl/c7PtU
    2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quits
    http://goo.gl/CtmOU
    2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resigns
    http://goo.gl/I7Alo
    2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrested
    http://goo.gl/WczHh
    2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrested
    http://goo.gl/I7Alo
    2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrested
    http://goo.gl/I7Alo
    2/16/12 (AUSTRALIA) Royal Bank of Scotland Austraila CEO Stephen Williams resigns
    http://goo.gl/4r16D
    2/17/12 (SOUTH AFRICA) Coronation Fund Managers CEO Hugo Nelson is stepping down at age of 40.
    http://goo.gl/I3NY8
    2/17/12 (PAKISTAN) PICIC Asset Management Company Limited CFO Ahmed Raza resigns
    http://goo.gl/K8A2I
    2/17/12 (USA NY) Goldman Sachs CEO Lloyd Blankfein out as by summer
    http://goo.gl/UjpzD
    2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resigns
    http://goo.gl/1n1Nr
    2/17/12 (UK) Insight Investment, asset manager Mike Pinggera has resigned..
    http://goo.gl/uDplK
    2/17/12 (USA NY) Harbinger Group Inc. CFO Francis T. McCarron has advised the Company of his resignation effective April 30
    http://goo.gl/6il4F
    2/17/12 (BULGARIA) Bulgaria National Health Insurance Fund (NHIF), The managing director Neli Nesheva, resigned after a two-day row about end-of-year bonuses paid by NHIF to its employees.
    http://goo.gl/7UQxv
    Oh my ears and whiskers, how late it's getting!

  8. The Following 5 Users Say Thank You to Sabrina For This Post:

    Franny (26th March 2012), Mad Hatter (27th March 2012), modwiz (27th March 2012), RunningDeer (27th March 2012), sygh (27th March 2012)

  9. Link to Post #445
    Avalon Member Sabrina's Avatar
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    Default Re: Massive Bank and High Profile Resignations Across the World

    2/18/12 (PAKISTAN) The Bank of Azad Jammu and Kashmir executive Zulfiqar Abbasi resigns
    http://goo.gl/G0woP
    2/19/12 (MALTA) Bank of Valletta, director of the Multi-Manager Fund John C. Ripard, has resigned being reprimanded by the MFSA for disposing of his holdings in the Fund whilst in possession of sensitive information which was not available to the public.
    http://goo.gl/1li3r
    2/20/12 (IRELAND) SPL Investment Funds's director Mike Kirby resigns
    goo.gl/nDW2T
    2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Down
    http://goo.gl/Unuez
    2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
    http://goo.gl/F5twL
    2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resigns
    http://goo.gl/aA0RW
    2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quits
    http://goo.gl/6Dj0i
    2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resigns
    http://goo.gl/DuMrm
    2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resigns
    conflict of interest with director seat on unknown bank
    http://goo.gl/aEmwB
    2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resigns
    conflict of interest with director seat on unknown bank
    http://goo.gl/aEmwB
    2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resigns
    conflict of interest with director seat on unknown bank
    http://goo.gl/aEmwB
    2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resigns
    conflict of interest with director seat on unknown bank
    http://goo.gl/aEmwB
    2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resigns
    conflict of interest with director seat on Eastland Insurance Company Limited
    http://goo.gl/aEmwB
    2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
    http://goo.gl/Z1rnw
    2/22/12 (US CA) PIMCO, Chairman of the board Vernon Wright resigned from the world's biggest bond fund.
    goo.gl/UeQWm
    2/22/12 (US CA) PIMCO board member Gregg Silver resigned from the world's biggest bond fund.
    goo.gl/UeQWm
    2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quits
    http://goo.gl/ppKno
    2/22/12 (SINGAPORE) Macquarie International Infrastructure Fund's CEO John Stuart to resign
    http://goo.gl/ji7Q4
    2/22/12 (USA NY) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retire
    http://goo.gl/x4Zsr
    2/22/12 (UK) UBS AG’s (UBSN) Doug McCutcheon, head of Healthcare Banking in Europe, Middle East, Africa and Asia-Pacific region, has left Switzerland’s biggest bank after 25 years at the firm.
    http://goo.gl/Dnxqh
    2/23/12 (UK) Goldman Sachs Nordic M&A banker Luca Ferrari has decided to retire from the firm, clients included the largest telecommunications operator in Spain the Spanish telecommunications.
    http://goo.gl/qmCh3
    2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
    http://goo.gl/DTL5S
    2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.
    http://goo.gl/KoEUI
    2/24/12 (GUERNSEY) Spearpoint Limited (SPL) Investment Funds, director Mike Kirby resigns for business reasons.
    http://goo.gl/9stPB
    2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns
    http://goo.gl/5eUqU
    2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resigns
    http://goo.gl/JIC9A
    2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resigns
    http://goo.gl/6UJau
    2/24/12 (USA NY) Evercore Partners Head Eduardo Mestre steps down
    http://goo.gl/n5RLY
    2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quits
    http://goo.gl/nMTLW
    2/25/12 (DENMARK) European Investment Bank (EIB), Mr Sigmund Lubanski, of the Kingdom of Denmark tendered his resignation.
    http://goo.gl/y4XXF
    2/25/2012 (LUXEMBOURG) European Investment Bank, director of the Board Sigmund Lubanski resigns
    goo.gl/hA9Vu
    2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps down
    http://goo.gl/8lxSw
    2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quits
    http://goo.gl/yKjzL
    2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resigns
    http://goo.gl/hhHSm
    2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Down
    http://goo.gl/IJ5Lw
    2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
    http://goo.gl/eVCS5
    2/27/12 (GERMANY) Equiduct chairman Artur Fischer steps down
    http://goo.gl/Q0dWR
    2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!
    http://goo.gl/DDEUk
    2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resigns
    http://goo.gl/ZD0mc
    2/27/12 (UK) Lloyds Banking Group Glen Moreno steps down
    http://goo.gl/dsXcE
    2/27/12 (SINGAPORE) Standard Chartered Bank, global head of repo and collateralised financing Tanweer Khan resigned.
    http://goo.gl/hgbuc
    2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quits
    http://goo.gl/Uo800
    2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quits
    http://goo.gl/26MYq
    2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasons
    http://goo.gl/NDJze
    2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quits
    http://goo.gl/cRkCP
    2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years.
    http://goo.gl/1rCWd
    2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quits
    http://goo.gl/HIYXv
    2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m theft
    http://goo.gl/ggPvq
    2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retires
    http://goo.gl/YxvNA
    2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resigns
    http://goo.gl/F0UgN
    2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandate
    http://goo.gl/7aLRU
    2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013
    http://goo.gl/LkJhV
    2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resigns
    http://goo.gl/n6uoM
    2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps down
    http://goo.gl/Jh9jd
    2/29/12 (UK) Honister Capital CEO Richard Pearson steps down
    http://goo.gl/014or
    2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, “We feel that (Winston) Brassington knows everything…A to Z about all the transactions,” said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning that controversial figure could be subpoenaed to appear before the Parliamentary Economic Sector Committee.
    http:// goo.gl/L7I35
    3/01/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quits
    http://goo.gl/wACrI
    3/01/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government's legislation on boosting competition.
    http://goo.gl/3llyT
    3/01/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quits
    http://goo.gl/nA8g9
    3/01/12 (USA NY) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG's third party asset management business, PineBridge still manages AIG assets
    http://goo.gl/SI7kT
    3/01/12 (SINGAPORE) UBS Singapore - James Tulley is leaving Switzerland’s largest bank, it is not clear where he is going.
    http://goo.gl/BGugF
    3/01/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retires
    http://goo.gl/uEqDV
    3/01/12 (ICELAND) Iceland’s Financial Supervisory Authority (FSA) fired its director Gunnar Andersen
    http://goo.gl/VG9q5
    3/01/12 (USA OR) Oregon Public Employees Retirement Fund (OPERF) senior RE officer Brad Child will retire
    http://goo.gl/vcERz
    3/02/12 (USA NC) North Carolina Retirement Systems, Chief investment officer Shawn Wischmeier resigned.
    http://goo.gl/zx2tU
    3/02/12 (CHINA) China Construction Bank Corp, assistant general manager and head of corporate banking Mickey Mehta quits
    http://goo.gl/B9dR0
    3/02/12 (USA NY) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.
    http://goo.gl/8kZuc
    3/02/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.
    http://goo.gl/ZEUwf
    3/02/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resign
    http://goo.gl/npBe2
    3/02/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns
    http://goo.gl/wFSV8
    3/02/12 (USA NY) Citigroup Richard Parsons to step down as chairman
    http://goo.gl/BhZ0F
    3/03/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extended
    http://goo.gl/w99tD
    3/03/12 (ETHIOPIA) Dashen Bank’s board dismisses president Leulseged Teferi
    http://goo.gl/Y801M
    3/03/12 (RUSSIA) Enza Capital KK, Wealthy British banker Philip Townsend (Baron Townsend of Rathmore) and his wife killed at Estonia holiday home ⑆44541444⑈
    http://goo.gl/GSOUN and http://goo.gl/x94ID and http://goo.gl/gGgLP
    3/04/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resigns
    http://goo.gl/fmNxY
    3/04/12 (USA NY) JP Morgan prop trading chief Mike Stewart quits
    http://goo.gl/gubPj
    3/05/12 (SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned
    http://goo.gl/pNx0l
    3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps down
    http://goo.gl/RPqOp
    3/05/12 (UK) Jupiter fund co-manager John Hamilton steps down
    http://goo.gl/RPqOp
    3/05/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director
    http://goo.gl/gX7wu
    3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resigned
    http://goo.gl/u6BT4
    3/05/12 (UK) Charterhouse partner Gordon Bonnyman is stepping down.
    http://goo.gl/iAEYB
    3/05/12 (UK) HgCapital, partner Lindsay Dibden is leaving after 20 years.
    http://goo.gl/iAEYB
    3/06/12 (FRANCE) Blackstone Group's Paris office leader Jean-Michel Steg will step down
    http://goo.gl/w3Ca5
    3/06/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherland has resigned as Executive Director
    http://goo.gl/oMwv6
    3/06/12 (JAMAICA) Jamaica’s Financial Services Commission (FSC), Executive director Rohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon.
    http://goo.gl/FBwFo
    3/06/12 USA CT) Wells Fargo & Co. said that Mackey McDonald, one of the last remaining directors from Wachovia is retiring.
    http://goo.gl/F1O4v
    3/06/12 (USA PA) USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement,has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing. Provides a network of wireless non-cash transactions, associated financial/network services and energy management. It provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries.
    http://goo.gl/8oi7C
    3/06/12 (UK) Sterling Green Group has announced that Philip Kanas, a non-executive director, has decided to resign
    Sterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011.
    http://goo.gl/qc3jB
    3/06/12 (UK) Aberdeen Asset Management, non-executive director Gerhard Fusenig has resigned from the board.
    http://goo.gl/ZIkvQ
    3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Risk Officer Hugo Baenzigeri to resign
    http://goo.gl/MWqsH
    3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Operating Officer Hermann-Josef Lamberti to resign
    http://goo.gl/MWqsH
    3/07/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announced Thomas Leaver will step down as CEO
    http://goo.gl/rfhWN
    3/07/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of service
    http://goo.gl/RHllr
    3/07/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities.
    http://goo.gl/CpEzZ
    3/07/12 (UK) Goldman Sachs (GSI) Christopher French resigns from board
    http://goo.gl/3yQDS
    3/07/12 (UK) Goldman Sachs (GSI) David Wildermuth resigns from board
    http://goo.gl/3yQDS
    3/07/12 (UK) Goldman Sachs (GSI) Matthew Westerman resigns from board
    http://goo.gl/3yQDS
    3/07/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resigns
    http://goo.gl/3yQDS
    3/07/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas trading
    http://goo.gl/jqbYY
    3/07/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the month
    http://goo.gl/v8tcT
    3/07/12 (HONG KONG) UBS Senior Asia Economist Jonathan Anderson Departs
    http://goo.gl/09VqT
    3/07/12 (HAITI) FORMER DIRECTOR HAITI CENTRAL BANK SLAIN! ⑆44541444⑈
    http://goo.gl/UtVz3
    3/07/12 (FRANCE) Société Générale Private Banking, Daniel Truchi is to step down as head of Société Générale Private Banking
    http://goo.gl/XhgJ9
    3/07/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australia’s largest ATM operator
    http://goo.gl/eZJMb
    3/07/12 (USA CA) CALSTRS, Pascal Villiger, senior private equity portfolio manager at the $145 billion California State Teachers’ Retirement System resigns
    http://goo.gl/ub0ke
    3/07/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capital’s tune
    http://goo.gl/Zv6Ny
    3/08/12 (UK) Schroders, Chairman Michael Miles depart as fees, inflows drop. UK's biggest fund management firm.
    goo.gl/TgURM
    3/08/12 (USA NY) Schroders, CIO Alan Brown is steps down
    http://goo.gl/ZTtYo
    3/08/12 (USA IL) CBOE Executive Patrick Fay Put on Leave Amid SEC Probe
    http://goo.gl/x5snO
    3/08/12 (USA NH & RI) Bristol County Savings Bank president E. Dennis Kelly retires after 35 years
    http://goo.gl/8KVKn
    3/08/12 (GERMANY) Clearstream Banking AG – Katja Rosenkranz To Leave Deutsche Börse Group [stockmarket]
    http://goo.gl/RiVNi
    3/08/12 (UK) B&CE CEO Brian Griffiths is to retire later this year
    http://goo.gl/AV7Sk
    3/08/12 (UK) Invesco Trimark Ltd, portfolio manager Dana Love has resigned.
    http://goo.gl/MyQ90
    3/08/12 (ISRAEL) Bank of Israel Governor Stanley Fischer will hand in his shock resignation in the coming days and take up a new position as head of the Bank of Zambia. Finance Minister Yuval Steinitz is believed to be furious with Fischer's decision. Treasury officials said he even canceled his participation in the office's annual Purim party in order to convince Fischer to reverse his decision.
    http://goo.gl/0DlSA
    3/08/12 (SOUTH AFRICA) Standard Bank Group Limited (SBK), board member Sir Paul Judge retires.
    http://goo.gl/SjSPg
    3/08/12 (SOUTH AFRICA) Standard Bank Groupl Limited (SBK), board member Sir Sam Jonah retires.
    http://goo.gl/SjSPg
    3/09/12 (MONGOLIA) Mongol Bank President Alag Batsukh submitted his resignation letter to Speaker of Parliament D. Demberel at the end of last month. He described his reason for resigning as a lack of support by Parliament.
    http://goo.gl/RDmNx
    3/09/12 (MONGOLIA) Asia Pacific Securities, General Manager Narantuguldur Saijrakh recently resigned, to focus on his role as Director of Khan Investment Management, investment advisor to the Khan Mongolia Equity Fund - the first open-ended investment vehicle with monthly dealing that invests in Mongolia related equities listed both domestically and internationally.
    http://goo.gl/2T4R6
    3/09/12 (Côte d’Ivoire) Banque Central des Etats d’Afrique de l’Ouest (BCEAO) The Ivorian governor of the multi-billion dollar West Africa Francophone bank, Philippe-Henry Dacoury-Tabley, resigned his post.
    http://goo.gl/CevLn
    3/09/12 (UK) Lazard , co-head of investment banking Alexis de Rosnay quits. De Rosnay specialises in the healthcare sector, he has advised Teva Pharmaceutical and Novartis.
    http://goo.gl/3gzbi
    3/09/12 (UK) Deutsche Bank PWM, UK head of portfolio management Martyn Surguy resigned.
    http://goo.gl/5Ti2p
    3/09/12 (UK) Deutsche Bank PWM, head of discretionary management, Kypros Charalambous, having also stepped down.
    http://goo.gl/5Ti2p
    3/09/12 (HONG KONG) Bank of America Merrill Lynch, K.J. Kim, responsible for Southeast Asia, resigned
    http://goo.gl/sE7xh
    3/09/12 (HONG KONG) Bank of America Merrill Lynch, Jimmy Choi, who was in charge of high-yield debt, resigned.
    http://goo.gl/sE7xh
    3/09/12 (HONG KONG) Bank of America Merrill Lynch, Leonard Ng, a vice-president in Hong Kong resigned.
    http://goo.gl/sE7xh
    3/09/12 (AUSTRALIA) Bank of Queensland CFO Ram Kangatharan plans to leave the bank.
    http://goo.gl/ieNea
    3/09/12 (USA) Cerberus Capital Management LP, CEO Robert Nardelli resigns.
    http://goo.gl/9uKVx
    3/10/12 (AUSTRALIA) WESTPAC, Rob Chapman opted to quit running its regional subsidiary St George Bank.
    http://goo.gl/G6MD
    3/10/12 (TURKEY) Garanti Bank, The deputy CEO of Turkish lender Tolga Egemen, has decided to quit.
    http://goo.gl/vAMzV
    3/10/12 (CHINA) Korea Development Bank, Shanghai unit senior manager Stella Wen resigned.
    http://goo.gl/55CqZ
    3/10/12 (HONG KONG) Deutsche Bank, Johan Sudiman resigns as director.
    http://goo.gl/6CYGP
    3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resigns
    http://goo.gl/hevqh
    3/12/12 (USA CA) California’s Department of Financial Institutions, commissioner William Haraf resigned. The DFI did not say why he is leaving.
    http://goo.gl/zquTc
    3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quits
    http://goo.gl/LDz9b
    3/12/12 (UK and IRELAND) Allfunds Bank, head of UK and Ireland Alan Gadd is stepping down from his role at the end of April.
    http://goo.gl/4DF6i
    3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down following a restructuring of the business.
    http://goo.gl/SUHqW
    3/12/12 (UK) SVG Capital, chairman Nicholas Ferguson resigns. His departure left him well placed to succeed James Murdoch as chairman of BSkyB should the latter bow to investor pressure and step down. Other investors in the satellite broadcaster suggested Ferguson might be seen as too close to Murdoch to win the support of institutional shareholders.
    http://goo.gl/z19wH
    3/12/12 (UK) Park Hill Group - Blackstone Group’s fundraising advisory arm, Managing Partner of private equity and hedge fund distribution Chris Leach resigns
    http://goo.gl/jnHax
    3/12/12 (UK) Park Hill Group - Blackstone Group’s fundraising advisory arm, Managing Partner Justin Bower resigns
    http://goo.gl/jnHax
    3/12/12 (UK) The chief executive David Rutter of the electronic broking business at interdealer broker Icap stepping down.
    http://goo.gl/sxk4y
    3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns.
    http://goo.gl/yX4xo
    3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviser
    http://goo.gl/1K9zV
    3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end.
    http://goo.gl/lvzgC
    3/13/12 (USA) Eaton Vance Corp, Treasurer and CFO Robert J. Whelan has stepped down.
    http://goo.gl/oxmbL
    3/12/12 (USA IL) CBOE Holdings Inc. (CBOE), senior compliance executive Patrick Fay has resigned. The options exchange being investigated by the Securities and Exchange Commission, Fay had been placed on leave after the SEC began investigating the options-market operator’s oversight of traders.
    http://goo.gl/gj4W6
    3/13/12 (USA) Mithras Investment Trust, chairman Mike Wooderson will step down
    http://goo.gl/UjO2e
    3/13/12 (USA) PHH Mortgage, President Luke Hayden resigned from to pursue what the company calls "other interests." http://goo.gl/iaqQf
    3/13/12 (USA) PHH Mortgage, Treasurer Mark Johnson.resigned
    http://goo.gl/iaqQf
    3/13/12 (AUSTRALIA) WESTPAC, head of corporate affairs after David Bell decided to step down from the role. Bell is the latest top executive to leave the bank.
    http://goo.gl/FntUz
    3/13/12 (UK) Capula’s Systemic Trading Head Qiang Dai to Leave Fund
    http://goo.gl/zkrN2
    3/13/12 (UAE) National Bank of Abu Dhabi, CEO Michael Tomalin, will retire from the post in a few months.
    http://goo.gl/dzBW8
    3/13/12 (ISRAEL) Osem Investments Ltd, CEO Gazi Kaplan has tendered his resignation, effective April 2, citing heath reasons. Nestlé SA owns 58.8% of Osem.
    http://goo.gl/t032l
    3/13/12 (USA) Paulson & Co.'s, partner and head of the global bank team Robert Lacoursiere has quit to form his own hedge fund
    http://goo.gl/I8UNd
    3/13/12 (AUSTRALIA) ASX Ltd, Chairman David Gonski will step down from his role at Australia’s main stock market operator after being appointed to oversee almost A$90 billion ($95 billion) in the nation’s sovereign-wealth funds.
    http://goo.gl/gJN33
    3/13/12 (UK) JP Morgan, Asset Management European chief Jamie Broderick is to step down more than 20 years at the firm.
    http://goo.gl/MV65V
    3/13/12 (UK) SVG Chairman Nicholas Ferguson retires.
    http://goo.gl/hTDDY
    3/13/12 (UK) SVG Director Edgar Koning retires.
    http://goo.gl/hTDDY
    3/13/12 (UK) SVG Director Denis Raeburn retires.
    http://goo.gl/hTDDY
    3/13/12 (UK) SVG Director Francis Finlay retires.
    http://goo.gl/hTDDY
    3/14/12 (UK) Goldmand Sachs, executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa, Greg Smith, is resigning today.
    http://americankabuki.blogspot.com/2...man-sachs.html
    3/14/12 (SOUTH AFRICA) ABSA chairman Garth Griffin to retire
    http://goo.gl/Mhjb5
    3/14/12 (UK) WorldSpreads, CEO Conor Foley resigns
    http://goo.gl/GgT4z
    3/15/12 (US WA) HomeStreet Bank, EVP and CFO David Hooston resigns
    goo.gl/UUlc0
    3/15/12 (DENMARK) Sparekassen Faaborg board member Steen Grønved Nielsen resigns
    http://tinyurl.com/6rd3m74
    3/15/12 (UK) RBC Capital Markets head of SSA syndicate desk Noel Williams resigns
    http://tinyurl.com/7zcf4z8
    3/15/12 (UK) Novia London sales manager Dave Chassell quits
    http://tinyurl.com/7gx6sn2
    3/15/12 (US CA) Prosper Finance (online venture captial services) CEO Chris Larsen steps down
    http://tinyurl.com/6lhu8xx
    3/15/12 (UK) The Royal British Legion’s (fund) director of corp. communications Stuart Gendall resigns
    http://tinyurl.com/7bhtysl
    3/15/12 (IRELAND) President of Sinn Fein USA (fund) Larry Downes steps down
    http://tinyurl.com/7uqnwcg
    3/16/12 (AUSTRALIA) Investorfirst CFO and company secretary Ariel Sivikofsky resigns
    http://tinyurl.com/7jdshty
    3/16/12 (MALAYSIA) Amanah Raya Bhd (trust) managing director Datuk Ahmad Rodzi Pawanteh steps down
    http://tinyurl.com/7wbujpm
    3/16/12 (UK) Towry (investment & fin. advice) Non-exec chairman Glyn Jones steps down
    http://tinyurl.com/83g3y8b
    3/16/12 (GERMANY) Deutsche Bank Chief risk officer (CRO)of Hugo Bänziger steps down
    http://tinyurl.com/7pmal9k
    3/16/12 (US IL) Henderson Global Investors Inc. head of the International Opportunities Fund Iain Clark steps down
    http://tinyurl.com/7kfxz3j
    3/16/12 (US CA) Executive VP and Chief Compliance Officer of Heritage Bank of Commerce Margaret Incandela resigns
    http://tinyurl.com/6wcaqaz
    3/16/12 (US VA) Genworth Financial board member J. Robert Kerrey resigns to campaign for senate seat
    http://tinyurl.com/7566f74
    3/16/12 (UK) CEO of the FSA (Financial Services Authority) Hector Sants to leave
    http://tinyurl.com/7av7v5n>
    3/19/12 (US IA) ISU Foundation (fund), President and CEO of the Dan Saftig to step down
    http://tinyurl.com/7jvb24x
    3/19/12 (BRAZIL) HSBC Brazil CEO Conrado Engel steps down
    http://tinyurl.com/89uayoo
    3/19/12 (UAE) Finance head at SNR Denton Islamic Sheikh Muddassir Siddiqui resignsto pursue advisory role
    http://tinyurl.com/84avxch
    3/19/12 (SWITZERLAND) Julius Baer bank’s chairman Raymond Baer steps down in a “surprise departure”
    http://tinyurl.com/84gcl3z
    3/19/12 (GERMANY) Deutsche Bank, asset management chief Kevin Parker to leave executive committee
    http://goo.gl/ahZlJ
    3/19/12 (GERMANY) Deutsche Bank, head of private wealth management Pierre de Weck resigns from executive committee
    http://goo.gl/wRZkU
    3/19/12 (HONG KONG) China Development Bank HK branch CEO Di Weiping retires
    http://tinyurl.com/7xcskmp
    3/19/12 (US ID) SunTrust Bank president and CEO Thomas Rueger to retire
    http://tinyurl.com/7n2l6sr
    3/19/12 (SWEDEN) AP6 (private equity) CEO Marianne Dicander Alexandersson steps down
    http://tinyurl.com/7bnvygp
    3/19/12 (SWITZERLAND) FINMA (Swiss Financial Market Supervisory Authority) Vice-chair Monica Mächler to step down
    http://tinyurl.com/7r9akho
    3/20/12 (KUWAIT) National Investments Co. chairman Yousef Al Majid resigns
    http://tinyurl.com/7maw3xx
    3/20/12 (UK) Bank of America, Co-head of distressed debt at Michael Guy resigns
    http://tinyurl.com/75eml6v
    3/20/12 (US PA) Penseco Financial Services Corp, Former state senator Robert J. Mellow resigns from board
    http://tinyurl.com/6rxqeo9
    3/20/12 (US TX) Acquisition chief Dan Magder quits Lone Star Investments
    http://tinyurl.com/6qm2rj4
    3/20/12 (NIGERIA) Chairman of House Committee on Capital Markets Hon. Herman Hembe resigns due to allegations of bribery
    http://tinyurl.com/7r6dk54
    3/20/12 (Hong Kong) Head of Deutsche Bank Asia-Pac Loh Boon Chye quits
    http://tinyurl.com/6muckmq
    3/20/12 (US NY) Deutsche Bank, head of asset management Kevin Parker steps down from executive committee
    goo.gl/4NO66
    3/20/12 (GERMANY) Deutsche Bank, Chairman and CEO Josef Ackermann exits with pension of €18.7 million
    http://goo.gl/eiF39
    3/20/12 (UK) Coller Capital, CEO Charles Hippsley has left to help lead a Christian organisation in London.
    http://goo.gl/rVFz0
    3/21/12 (GERMANY) Deutsche Bank AG, Co-head Wolfgang Hammes leaves
    http://tinyurl.com/74ks8jk
    3/21/12 (UK) Aviva Investor’s European equity head John Botham exits
    http://tinyurl.com/7qwlc26
    3/21/12 (CANADA) National Bank’s Ontaria, Atlantic region manager Mike Miller leaves
    http://tinyurl.com/7kq4bdp
    3/21/12 (UK) Royal Bank of Scotland Group’s global head of equity prime services Gregory Wagner resigns
    http://tinyurl.com/6vz8f8k
    3/21/12 (US DC) Liquidity Services Inc, Chief information officer Eric Dean resigns
    http://tinyurl.com/7v2c4ku
    3/22/12 (UK) Global equity head Neil Rogan resigns from Henderson Global Investors
    http://tinyurl.com/7v2c4ku
    3/22/12 (NETHERLANDS) CIO at Nedlloyd Pension Fund Bert Tibben step down
    http://goo.gl/NHE94
    3/22/12 (UK) Bank of America Corp, chairman of global banking and markets, Andrea Orcel steps down, goes to UBS
    http://goo.gl/AVXL2
    3/22/12 (UK) Bank of America Corp, Jonathan Moulds steps down, helped build the bank’s over-the-counter derivatives trading business and held positions including global head of rate derivatives trading, head of global derivatives and head of global rates and commodities.
    http://goo.gl/AVXL2
    3/25/12 (EGYPT) National Bank of Egypt, CEO Tarek Amer said that he will step down from his position at the end of 2012.
    http://goo.gl/tC7Ma

    █▓▒░ End of list as of 3/15/12 ░▒▓█
    Addendum:
    It is not known under what circumstances these individuals have left their positions, I make no judgement on that. I find the timing of so many resignations extremely curious and a temporal marker in history of high significance. No one should assume I make any judgement about the character of these people. I frankly don't know their reputations except for a few rather famous ones.
    This list includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds, Savings Retirement Funds and other shadow banking organizations. The line is very blurry between these entities, some are owned by banks some are banks, some invest in banks as well as owning entire industries (common in Hong Kong and Japan).
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://eclinik.wordpress.com/vital-i...m-goes-online/


    Over 200 senior bankers arrested last week as new financial system goes online
    Posted by Benjamin Fulford
    March 26, 2012
    The new financial system is online now and abundant financing is either already or soon to be made available, according to dragon family representatives. The final take down of the criminal cabal has also begun in earnest with over 200 senior bankers arrested and 450 resigned last week alone, these sources say. Japan is also now doing the final paperwork needed to set up an international economic planning agency with an initial funding facility of $10 trillion or about 200 times what the World Bank lends every year, according to Japanese government sources. There will be some sort of announcement about this and other things on Tuesday evening, March 27th, 2012 Japan Standard Time according to illuminati and White Dragon Society sources. The arrest of some very high profile individuals is imminent.

    The general structure of the financial cabal and its top leaders has also now been mapped to some extent. For example, the Rothschild family dynasty leaders have been identified. The Swiss branch of the family is run by David de Rothschild in Geneva, the French branch by Guy de Rothschild, the German branch by Rothschild family member and Hitler daughter Angelina Merkel and the British branch by Evelyn de Rothschild.

    In the US, JP Morgan is a Rothschild front.

    The Rockefeller family syndicate uses Goldman Sachs and Citibank as its major financial fronts. Bank of America is a front for the Italian black nobility behind the Vatican and the mafia, run in part by Peter Hans Kolvenbach, the former black pope. Pope malevolent the 16th is also a senior member of this satanic group.

    The Nazi faction is run by Fuhrer George Bush Senior with Ben Bernanke acting as Deputy Fuhrer. Their chemical and pharmaceutical mass murder division is run by the Du Pont family.

    The Bill and Melinda Gates foundation is now in Africa forcing families at gunpoint to accept the sterilization by vaccine of their daughters. In North America, Japan and elsewhere the mass sterilization by vaccine is taking place under the guise of protecting girls against cervical cancer. Message to Bill Gates: your company and foundation are going to be confiscated and you are going to spend the rest of your life making restitution.

    The United States government has been so compromised by these and other cabal families and their foundation fronts that the upcoming US Presidential “election,” is nothing more than a power struggle between the Chicago mob and their front man Mitt Romney versus the Bush Texas illegal drug mafia and their guy Jeb Bush.

    Hopefully the new financial system, once it is fully implemented, will pull the plug on the entire farcical show and Americans will be able to choose their own leaders based on true information provided by free media. For now though, electronically rigged elections and corporate propaganda provide sham democracy for dumbed down and drugged up Americans.

    However, a look at the pentagon budget for this upcoming year shows they have dedicated plenty of resources to financing reserve troop units inside the United States. This does not mean they are preparing to put average Americans into FEMA camps as feared by many. To the contrary, they are preparing for a mass round up of cabal agents and proxies, according to pentagon and CIA sources.

    There was a clear indication of change on March 20th, when instead of having the cabal scheduled earthquake hit Tokyo, a magnitude 7.4 earthquake hit Oaxaca, Mexico exactly when President Obama’s daughter was vacationing there. Furthermore, this earthquake was advertised in advance through pamphlets distributed locally. This is a clear sign the bad guys no longer play the HAARP.

    Another sign of change was the public rebuke of Obama, Clinton and cabal controlled media outlets when the official Chinese government news site, Xinhua stated that North Korea was not on the agenda of the 50 nation nuclear security summit taking place in Soeul, Korea this week. The cabal propaganda media has been carrying a fake story about nuclear danger from North Korea even though that country has already announced it will cease nuclear weapons development.

    The secret agenda behind this 50 nation summit is an attempt to steal 200 tons of gold that is in South Korean warehouses. That theft is not going to be allowed to go ahead so the cabalists will leave the summit empty handed.

    There was also plenty of speculation about a coup d’etat in China last week. All that happened was that a Maoist cabal agent Bo Xilai was removed from power after one of his henchmen was discovered taking instructions from the US consulate in Chongqing, according to MI6 sources. China is still on course for a stable and harmonious regime change-over later this year, according to White Dragon Society sources. The talk of a Maoist coup d’etat was wishful cabalist thinking fanned by cabalist media outlets.

    Speaking about fake stories, the “White Hats” group on the internet, consisting of Bush agent Mike Cotrell and Hawaii resident Danny Gammage, has been spewing out laughable libel (such as this writer is a clone).

    More damagingly, they managed to fool Lord Blackheath of the UK Upper House of Parliament with a fake story about $15 trillion that he raised in Parliamentary session. The House of Lords is now going to summon a White Dragon Society ally to testify about what is really going on in the financial wars.

    The London financial district is headed for further purges and the talk is that Lord Sassoon is headed for a big fall. The investigation may even extend to the UK Royal family, European CIA sources say.

    In Japan, meanwhile, the status quo is expected to remain on hold until the March 31st end of the fiscal year because of overwhelming workloads in the bureaucracy and the parliament. After March 31st, there will be concrete negotiations taking place involving the Finance Ministry, Bank of Japan, Prime Minister’s office and Royal Household Agency aimed at setting up a new international economic planning agency.

    The Japanese self-defense forces and bureaucracy are also planning a major purge of cabalist puppets in the Japanese Parliament, banks, corporations and media.

    Overall, things are looking very good. However, unless we see these senior cabalists on world TV confessing to their crimes, we must not be complacent. Until this financial war is over, keep your powder dry and stay alert.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Paul (here)
    I'll wager, Sabrina, that you did not realize, when you set out to document these resignations, how much work you signed yourself up for .

    Thanks!
    OMG they won't stop Paul... do you think there'll be a resignation break over the Easter holidays? And is the champagne flowing at the leaving parties, or are they scurrying down the bunkers with freeze dried food as their own bonuses...?
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.rte.ie/news/2012/0326/mahon.html
    Ireland 26 March

    Pádraig Flynn resigns from Fianna Fáil
    FF has received a letter of resignation from former minister and EU Commissioner Pádraig Flynn.

    Fianna Fáil has received a letter of resignation from former minister and EU Commissioner Pádraig Flynn.
    Party leader Micheál Martin was due to propose a motion to expel him from the party at Friday's Ard Chomhairle on foot of the findings of the Mahon Tribunal.
    Fianna Fáil also received correspondence from Bertie Ahern this morning, confirming his decision to resign from the party.
    The Fianna Fáil national executive will consider motions calling for the expulsion of one serving and three former councillors on Friday.
    Earlier, Fianna Fáil TD Éamon Ó Cuív said he could not understand why people were not formally charged with crimes if they were seen to be breaking the law.

    http://www.irishtimes.com/newspaper/...313896127.html

    MORE RESIGNATIONS are expected from Fianna Fáil after the voluntary departure of former taoiseach Bertie Ahern and councillor John Hannon, who were facing expulsion following the publication of the planning tribunal’s final report.

    The intentions of former European commissioner Pádraig Flynn of Fianna Fáil, who the tribunal found behaved corruptly, were unclear last night. A special meeting of the party’s national executive scheduled for Friday to expel Mr Flynn and three former councillors will proceed.

    ¤=[Post Update]=¤

    http://www.cbc.ca/news/canada/story/...o-resigns.html

    SNC-Lavalin CEO resigns amid probe
    Change at top comes as Montreal company reports 52% drop in quarterly profits
    CBC News Posted: Mar 26, 2012 Canada


    Beleaguered engineering and construction giant SNC-Lavalin has confirmed it is co-operating with police agencies over allegations of improper payments.

    The confirmation comes just hours after CEO Pierre Duhaime announced his resignation after an internal investigation revealed more than $50 million worth of unauthorized payments that breached the company's code of ethics.

    The Montreal-based firm said Monday that Duhaime authorized payments totaling $56 million despite the objections of the company's chief financial officer.
    Oh my ears and whiskers, how late it's getting!

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  17. Link to Post #449
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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.sharenet.co.za/v3/sens_di...73530&seq=4965

    26 March



    (Registration number 2006/007799/06)
    Share code: OPT ISIN code: ZAE000144663
    ("Optimum Coal" or "the Company")
    CHANGES TO BOARD OF DIRECTORS
    In compliance with the JSE Limited Listings Requirements, the following
    information is disclosed:
    The following independent non-executive directors and non-executive directors
    have resigned from the board of Optimum Coal with immediate effect:
    Mr RM Godsell as the Chairman and a non-executive director*;
    Mr TI Borman as a non-executive director;
    Mr DSC Dhlomo as a non-executive director*;
    Mr PK Gain as a non-executive director;
    Mr EO Monkoe as a non-executive director;
    Dr M Kwini as a non-executive director; and
    Ms LL Letlape as a non-executive director*.
    *independent

    ¤=[Post Update]=¤

    http://www.bbc.co.uk/sport/0/formula1/17509231

    Williams announce resignation of chairman Adam Parr

    By Andrew Benson
    Chief F1 writer

    Williams chairman Adam Parr has resigned and will leave the Formula 1 team at the end of the week.
    Parr joined the team as chief executive officer in 2006 and was promoted to his current role four years later.
    Team principal Sir Frank Williams said Parr, who will leave on Friday, was "seeking a better balance in his life".
    The move is a major surprise. Earlier this month, Williams stepped down from the team's board of directors and cited Parr as his most likely successor.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    26 Mar 2012 Resignation of Executive Director
    26 March Hong Kong
    SINO HAIJING HOLDINGS LIMITED

    and

    26/03/2012 : 17:00:01
    RNG - Randgold & Exploration Company Limited - Resignation of director and

    Posted Mon, 26 Mar 2012
    RNG RNG RNG - Randgold & Exploration Company Limited - Resignation of director and member of the audit committee Randgold & Exploration Company Limited (Incorporated in the Republic of South Africa) (Registration number 1992/005642/06) Share code: RNG ISIN

    ¤=[Post Update]=¤

    The Star Online 26 March

    KUALA LUMPUR: Umno has accepted Tan Sri Abdul Kadir Sheikh Fadzir’s resignation from the party, secretary-general Datuk Seri Tengku Adnan Tengku Mansor said.

    “The management committee has accepted his resignation,” he said after opening the first annual general meeting of the Wel­fare and Charity Organisation New India Malaysia at PWTC yesterday.

    Kadir, a former minister, resigned last week after coming under fire for his comments on vote-buying by the party.

    ¤=[Post Update]=¤

    http://www.igamingbusiness.com/conte...-twinspirescom
    26 March

    American horseracing and casino operator Churchill Downs Incorporated has announced that Rohit Thukral has resigned as its Technology Initiatives Executive Vice-President and as President of its TwinSpires.com national advance-deposit wagering service in order to ‘pursue other opportunities’.

    Louisville-based Churchill Downs stated that Thukral joined its ranks in December of 2006 and ‘played a major role in the success of’ its TwinSpires.com operation, which began operations in 2007, before subsequently spending two years with the advance-deposit wagering platform before assuming his most recent positions in May of 2009.

    ¤=[Post Update]=¤

    JP convicted of fraud resigns

    Monday, 26 March 2012, 12:50 pm
    Press Release: New Zealand Government
    Hon Chester Borrows
    Associate Minister of Justice

    26 March 2012
    Media Statement
    JP convicted of fraud resigns

    Associate Justice Minister Chester Borrows today welcomed the resignation of Papamoa Justice of the Peace Martin Elliott.

    “Justices of the Peace have always been people of high standing in our communities. The nature of their role means they must be people of unquestionable honesty and integrity,” says Mr Borrows.

    ¤=[Post Update]=¤

    http://praguemonitor.com/2012/03/26/...on-pm-neč

    Education Minister Dobeš tenders resignation to PM Nečas
    ČTK | 26 MARCH 2012
    Prague, March 23 (CTK) - Czech Education Minister Josef Dobes (Public Affairs, VV) tendered his resignation to Prime Minister Petr Necas (Civic Democrats, ODS) Friday and he will leave the post at the end of March, officially because he disagrees with further cuts in the ministry's budget.

    Dobes announced his resignation after a government meeting on Wednesday.

    He told journalists that many things have not been completed at the ministry.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.fifetoday.co.uk/news/adam...ions-1-2197072


    Published on Monday 26 March 2012 12:23 Scotland

    The principal of Adam Smith College has resigned from his position with immediate effect.

    A statement issued by Mark Goldsmith, chair of the Board of Governors of the college, said: “The Principal, Dr Craig Thomson, has decided to resign and retire with immediate effect. The Chair of the Board of Governors has accepted the resignation.


    Ironic that it is the Adam Smith college ....

    ¤=[Post Update]=¤

    Mass resignations at Racing Queensland

    26 MAR 2012 | RACING QUEENSLAND LTD The following senior executives of Racing Queensland Limited (RQL) on Monday tendered their resignations to the board of RQL, Mr Malcolm Tuttle (CEO), Mr Jamie Orchard (Director of Integrity Operations), Mr Paul Brennan (Director of Product Development) and Ms Shara Reid (Senior Corporate Counsel/Company Secretary).

    RQL chairman Mr Bob Bentley said that it is with regret that the board accepts the resignations and the loss of these hardworking executives to the industry. “The executives have managed the industry through extremely difficult times with dedication and integrity and the loss of their corporate knowledge will be evident and sorely missed in the near future,” said Mr Bentley.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Poland
    Bank Pekao SA
    Resignation of Member of the Supervisory Board
    RNS Number : 1122A
    Bank Pekao SA
    26 March 2012

    UNOFFICIAL TRANSLATION

    Report 11/2012: Resignation of Member of the Supervisory Board of Bank Pekao S.A.

    The Management Board of Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") informs that Ms Alicja Kornasiewicz, Chairwoman of the Supervisory Board of Bank Pekao S.A., resigned from positions held in the Supervisory Board as from the closing of the General Meeting of the Bank approving the financial statements of the Bank for 2011.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Humphrey resigns from Vitesse Media board
    By BFN News | 09:57 AM | Monday 26 March, 2012

    Vitesse Media PLC ORD 1P (VIS)

    Vitesse Media confirms that Cathy Humphrey is resigning from the board with effect from today for family reasons. She will oversee production of the audited year end accounts and will remain with the Company until June 2012.

    ¤=[Post Update]=¤

    New Zealand - 26 March

    With the news of John Fabrin, CEO of Rhema Broadcasting Group (RBG), handing in his resignation, he shares a little about his personal history with RBG, why he's resigning, and where he's heading.

    ¤=[Post Update]=¤

    March 26, 2012
    Quinn: Arrested Illinois lawmaker should resign
    The Associated Press
    Illinois Gov. Pat Quinn says a lawmaker accused of bribery would "do himself a favor by resigning" before he's thrown out of office.

    Quinn did not say Monday whether he will personally contact Rep. Derrick Smith and urge him to quit.

    Smith, a Chicago Democrat, was arrested nearly two weeks ago on federal bribery charges.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.kuna.net.kw/ArticleDetail...50&language=en

    26 March

    Italian Prime Minister says his government could resign if it fails to put through reforms.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    The board of Directors (the “Board”) of Trony Solar Holdings Company Limited (the “Company”) announces that Mr. Heihu Li (“Mr. Li”) has resigned as Co-President of the Company with effect from 26 March 2012 due to his wish to spend more time pursuing his own business.
    Hong Kong Stock Exchange
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.nytimes.com/2012/03/26/bu...&ref=business#
    26 March

    Anger at Goldman Still Simmers

    Just before the financial crisis began in September 2008, a prominent hedge fund appeared well positioned to take advantage of any turmoil in the markets. That fund, Copper River Partners, had made sizable bets months earlier against companies whose stocks it expected to suffer.


    Marc Cohodes worked at his hedge fund for 25 years, and its short bets on the stock market in 2008 had seemed well positioned to profit.

    Within weeks, however, Copper River, once a successful $1.5 billion hedge fund, was out of business, having unexpectedly absorbed losses on the very bets it thought would be profitable. While the market turmoil contributed to its problems, Marc Cohodes, head of Copper River, says that a significant force behind the failure was Goldman Sachs, which for years had been the firm’s broker.

    Testifying recently in a lawsuit that is unrelated to Copper River’s closing, Mr. Cohodes maintained that actions taken in the fall of 2008 by Goldman in the handling of trades for Copper River had done irreparable damage to the fund. His testimony, which has not been made public, was obtained by The New York Times.
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Quote Posted by Sabrina (here)
    http://www.kuna.net.kw/ArticleDetail...50&language=en

    26 March

    Italian Prime Minister says his government could resign if it fails to put through reforms.
    I can not wait for the day I read the US government will resign.

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    Default Re: Massive Bank and High Profile Resignations Across the World

    http://www.huffingtonpost.co.uk/2012...57.html?ref=uk
    26 March


    Coutts Bank Fined £8.75m Over Money Laundering Failings



    Coutts, the exclusive private bank used by the Queen, has been fined £8.75m for failing to protect against money laundering, by the Financial Services Authority.


    The FSA fined Coutts & Company, after finding "significant, widespread and unacceptable" failures in standards.

    Tracey McDermott, acting director of enforcement and financial crime, said: “Coutts’ failings were significant, widespread and unacceptable. Its conduct fell well below the standards we expect and the size of the financial penalty demonstrates how seriously we view its failures."

    According to the review by the financial watchdog Coutts was not taking "reasonable care" to maintain controls against money laundering which meant the bank faced an "unacceptable risk" of "handling the proceeds of crime."
    Oh my ears and whiskers, how late it's getting!

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Superb job Sabrina! Iʻm really impressed with the amount of work it taken to do this as well as the shear number of resignations. Amazing...

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    Default Re: Massive Bank and High Profile Resignations Across the World

    Now this is a good new one from American Kabuki on banker arrests !

    http://americankabuki.blogspot.co.uk...r-arrests.html


    This is a new list I've started on banker arrests. This is preliminary and not complete. This research in progress. If you know of any additional arrests please send use the URL to americankabuki@yahoo.com
    WORLDWIDE LIST OF ARRESTED BANKERS
    10/06/11 (HONG KONG) Deutsche Bank Asia, senior banker Yan Shen, 43, who headed the North Asia institutional clients group escaped a prison sentence Thursday after he was found in possession of a gun at Hong Kong's international airport. Yan Shen, was discovered carrying the unlicensed pistol and ammunition during a search of his baggage in the departure lounge of Chek Lap Kok Airport. The offence carries a maximum jail sentence of 14 years, but Shen was spared jail after the court heard he suffered a personality disorder and liked to collect things. Sentencing him to 240 hours of community service and a fine of 50,000 Hong Kong dollars (6,400 US dollars), the judge said he did not accept Yan's excuse that he was unaware it was illegal to possess firearms. However, the judge said he had decided not to jail Yan because prison might interfere wih treatment for his disorder.
    http://goo.gl/66aO4
    10/11/11 (NIGERIA) Nigeria’s secret police (SSS) Tuesday confirmed the arrest of three persons including a Lagos banker it said facilitated the October 01, 2010, Independence Day bombing in Abuja that killed several persons and injured many others. Media reports had earlier identified the banker as Nonso Nnaemeka, while one of the suspects was identified as Jessica David, aka Segun.
    http://goo.gl/ZXeWO
    11/01/11 (IRAN) Bank Melli, Mr. Khavari, a dual Iranian-Canadian citizen, left Iran in September as prosecutors there announced they wanted to question him in connection with a $2.6-billion embezzlement scandal that has led to the arrest of several bankers. Tehran also wants an international warrant for Mr. Khavari’s arrest. Canada has no extradition treaty with Iran. Mr. Khavari could be stripped of his Canadian citizenship. The banker’s continuing freedom and apparent wealth – he and his family own several Toronto properties – have angered Iranian diaspora groups. It’s unclear how he could become a Canadian citizen while working in Iran as an elite banker. Khavari is indicative of a much larger wave of people who have slipped into Canada. The Globe and Mail reported Monday that one of several brothers whose family business is at the heart of the Iranian embezzlement scandal moved to Montreal this past summer.
    http://goo.gl/otcvi
    11/07/11 (UAE - DUBAI) HSBC Analyst, Toby Carroll, Arrested In Dubai With Two Girlfriends For Extramarital Sex
    http://goo.gl/7MkTX
    11/23/11 (LITHUANIA) Snoras Bank and Latvijas Krajbanka Bank, Lithuania issues Arrest warrant for Russian banker and Portsmouth Football Club (UK) Owner Vladimir Antonov. Antonov, 36, owned 68 percent of Snoras before it was nationalized and had controlled Latvijas Krajbanka through a 60 percent stake owned by Snoras. Antonov is believed to spend most of his time in England, while Baranauskas, who held just over 25 percent in Snoras, is also abroad.100 million lats ($200 million) siphoned from the bank were used to increase its charter capital and finance Antonov's investment projects — including the failed attempt to buy out Saab.
    http://goo.gl/nu5p5
    11/23/11 (RUSSIA) Bank of Moscow, Russian prosecutors asked Interpol to issue an international arrest warrant for Bank of Moscow’s former Chief Executive Officer Andrei Borodin. Wanted for fraud in the misappropriation of government funds.
    http://goo.gl/znvhC
    11/23/11 (RUSSIA) Bank of Moscow, Russian prosecutors asked Interpol to issue an international arrest warrant for Bank of Moscow’s former vice president Dmitry Akulinin, a former vice president at the lender. Wanted for fraud in the misappropriation of government funds.
    http://goo.gl/znvhC
    12/01/11 (ICELAND) Glitnir Bank, Iceland's special prosecutor has taken Larus Welding, the former head of the failed Glitnir Bank, into custody, Reuters reports.
    http://goo.gl/KqUN9
    2/08/12 (CHINA) Yantai Bank, Chinese police arrest runaway banker Liu Weining, for embezzlement. Liu Weining, a branch head of Yantai Bank, was caught by police near a railway station in eastern city of Jinhua, Zhejiang Province, police said. Liu fled Yantai city in east Shandong Province at the end of January. Liu allegedly stole 436 million yuan (69.76 million U.S. dollars) worth of bank notes between April 2011 and January 2012. He reportedly had 290,000 yuan cash on him when caught.
    http://goo.gl/MRnlX
    2/14/12 (USA FL) Credit Suisse, Banker Christos Bagios, under U.S. house arrest for 60 more days in the U.S. state of Florida, as the man tries to resolve allegations of aiding U.S. clients in evading taxes. He has to wear a tracking device. Bagios was arrested in New York in January 2011 and accused in a criminal complaint of helping about 150 U.S. clients hide as much as $500 million from the tax-collecting IRS when he worked at UBS. Bagios is a Greek citizen and Swiss resident, and is accused of helping 150 clients evade taxes on about $500 million. Credit Suisse acknowledged last July that it had received a target letter from the U.S. Department of Justice notifying it that it was formally under criminal investigation for selling tax-evasion services to wealthy Americans. The bank has said it is cooperating with the investigation. Bagios was arrested in New York in January of last year but moved to a Florida housing development on $650,000 bond. He has to wear a tracking device.
    http://goo.gl/hRlAq
    2/16/12 (UK) BTA bank, UK court issues arrest warrant for Mukhtar Ablyazov, Kazakh billionaire accused of massive fraud Britain's High Court has issued an arrest warrant for Mukhtar Ablyazov, the Kazakh billionaire and former BTA bank chairman accused of committing one of the world’s biggest ever frauds.
    http://goo.gl/75o7E
    2/29/12 (SWITZERLAND) Hyposwiss Privatbank AG, Prosecutors in Switzerland say a man has been arrested on suspicion of stealing confidential customer data from a Swiss private bank. The Federal Prosecutor's office in Bern says the former contractor of Hyposwiss Privatbank AG was arrested Feb. 16 and remains in custody. Prosecutors say a criminal investigation was launched Jan. 19 after the unidentified man approached a law firm and offered to sell the confidential data. They declined to provide further information. Swiss daily Tages-Anzeiger reported Wednesday that the data partly concerned the account of a wealthy Russian businessman. Recent cases of stolen Swiss bank data being bought by foreign tax authorities have added to pressure on Switzerland to give up its strict banking secrecy rules. NOTE: This arrest appears to be an attack on a whistleblower by Swiss authorities!
    http://goo.gl/XzaES
    3/05/12 (RUSSIA) Vnesheconombank, Moscow City’s Tverskoi district court placed Anatoly Ballo, the Deputy CEO of the Russian development and foreign economic transactions bank Vnesheconombank, under house arrest. He is suspected of embezzling $14 million, a spokeswoman for the court said.
    http://goo.gl/czZC4
    3/12/12 (USA CT) Morgan Stanley, co-head of fixed-income capital markets William Bryan Jennings, was arrested and charged with second-degree assault, larceny and intimidation by bias or bigotry .
    http://goo.gl/6VHu8
    3/14/12 (NIGERIA) First Bank Plc, An Abuja High Court on Tuesday issued a warrant for the arrest of the Head of Operations, First Bank Plc, Ikorodu branch, Lagos, Mrs. Ayodele Omolayo. The ICPC maintained that NPC had, in compliance with the directive of the late President Umaru Yar’Adua, issued a cheque of N60m to the Office of the Accountant-General of the Federation as unspent funds for 2007. But upon the receipt of the cheque, the four accused persons paid it into a private account in Ikorodu, Lagos, and later withdrew the money at another bank in Victoria Island, Lagos. Others charged were officials of the Office of the Accountant-General of the Federation; Mr. Johnson Kolawole and Mr. Kola Ajala, a dispatch rider with Finbank Plc, Victoria Garden City branch, Lagos.
    http://goo.gl/p4kNY
    3/16/12 (CHINA) Standard Charter Bank, China has arrested Wu Yidian Eden, an employee of Standard Chartered Bank, as a probe into one of her clients. On March 6, the police detained Ms Wu, yet the latter has not been accused for committing any crime. A client of Ms Wu has been accused of escaping from China after robbing almost $50m (£32m) from the bank. Standard Chartered Bank announced the detention of Ms Wu but said no investigation has taken place yet.
    http://goo.gl/Hxqxs
    3/24/12 (RUSSIA) Vladimir Putin issues arrest warrant for George Soros.
    http://goo.gl/BP4Rr
    3/26/12 (UK) UBS, Trader Kweku Adoboli, 31, arrested on suspicion of a staggering £1.3billion fraud at UBS is believed to have blown the whistle on himself about the unauthorised deals.
    http://goo.gl/WSrPd
    Oh my ears and whiskers, how late it's getting!

  39. The Following 4 Users Say Thank You to Sabrina For This Post:

    Earth Angel (27th March 2012), Limor Wolf (27th March 2012), modwiz (27th March 2012), RunningDeer (27th March 2012)

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