Boardroom Agenda
Bank Of America Wins Dismissal of Shareholder Suit Over AIG Disclosure
Bank of America Corp has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc. In a decision ...
Investment Bankers on Boards Make for Better Corporate Mergers
Companies mulling a merger would do well to have an investment banker on their board of directors, according to University research. A study from the University of Iowa found that firms with an ...
If It Gambles Like a Bank, Regulate It Like a Bank: Bloomberg View
Five years after a crisis that almost took down the world economy, regulators are still groping for a way to address one of the global financial system's most obvious weaknesses: the trillions of ...
Zurich Insurance Probe Finds CFO Wasn’t Under Undue Pressure Before Suicide
Zurich Insurance Group AG, Switzerland's biggest insurer, said a probe into the suicide of Pierre Wauthier showed that no "undue pressure" was exerted on the chief financial officer before his ...AIG Overhauls Porfolio Team: Cornell to Run Bonds, Schreiber to Manage Alternatives
American International Group Inc. named Brian Schreiber and Geoffrey Cornell deputy chief investment officers as the insurer revamps oversight of its $358.3 billion portfolio. Schreiber, 48, will ...
MetLife May Challenge If Designated Systemically Important
MetLife Inc., the largest U.S. life insurer, said it will weigh challenging any designation as a systemically important financial institution after smaller rival Prudential Financial Inc. abandoned ...
Could 2013 Be ‘Tipping Point’ in Cyber Risk Awareness?
Historians may look at the year 2013 as a "cyber tipping-point" -- the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a ...
SEC’s Gallagher Slams Effort to Adopt Political Disclosure Rules
The U.S. Securities and Exchange Commission should not waste time drafting rules to force companies to disclose information like campaign contributions or government payments for energy projects, a ...