CEO / Chief Executive
Experts See U.S. Default As Financial Apocalypse
Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress ...
BlackBerry Faces Class Action Shareholder Lawsuit
A class action lawsuit has been filed against BlackBerry by a shareholder claiming the company misled investors about its future, including how the BlackBerry 10 smartphone line would fare against ...
P/C First-Half Results Improve on Premium Growth, Lower Cats
The only major component of net income moving downward for property/casualty insurers during the first half of 2013 was investment income, according to a compilation of aggregate industry figures ...
EU Commissioner Recommends Solvency II Delay to 2016
The European Commission has officially proposed a postponement of the January 2014 start date for the implementation of Solvency II, according to a statement from Michel Barnier, the commissioner ...
Delaying Solvency II Until 2016 Would Harm Insurers: Hulle at FERMA
Further delays to the implementation of Solvency II would compromise the ability of European insurers to deliver protection for their clients in a riskier world, according to a leading insurance ...
Government Shutdown Could Jeopardize Economic Recovery: CEOs
Chief executive officers at companies ranging from Honeywell International Inc. to JetBlue Airways Corp. said that a prolonged shutdown of the U.S. government has the potential to jeopardize the ...
Ex-AIG Chief Greenberg Fails to Persuade Judge to Leave Case
Former AIG Inc. Chairman Maurice "Hank" Greenberg lost a second bid to have a judge remove himself from an eight-year-old lawsuit brought by the New York attorney general's office. Greenberg in July ...
CFO Pay Change Lags CEOs’ for Non-Bank Financial Services Firms: BDO Analysis
Chief financial officers of non-bank financial services firms saw lower percentage increases in compensation than chief executives in 2012, although the pay hikes for both C-suite positions were ...