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December 2008 and has been head of its remuneration committee since May 2010. Thornton is also co-chairman of Barrick Gold, where last month a group of Canada's top pension funds rallied against the miner's $11.9 million signing bonus for him. During
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Chief executive Stuart Gulliver and chairman Douglas Flint were the latest bankers to come under attack from the Parliamentary Banking Standards Commission...Gulliver insisted to the committee: I do not believe this bank is too big to manage. I
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The move will affect people who have previously lived in the Channel Islands, the Isle of Man and the UK, but who have since moved abroad...A spokesperson for the bank said the new approach was aimed at giving customers "better options", and had not
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Fail senator is about to get a wrap across the knuckles by way of a letter from the bosses at the National Asset Management Agency. Senator Brian O Domhnaill (pictured) claimed in the Seanad that the State's bad bank was acting disgracefully and that
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US and fines of over 1bn, for alleged financial wrongdoing, leaves us to gaze in awe at our cousins across the water. Our banks destroyed the economy and ruined the State and we still haven't even organised a banking inquiry. Meanwhile, 78-year-old
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US business from early 2007 and chief executive of the US bank from 2008 to June 2010. US covers part of an era when the bank was allegedly central to transfers of billions of dollars from around the world, including from Mexican drug cartels,
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News in pictures Suggested Topics Welcome to Planet Banker, a surreal place where a seeming lack of oxygen seems to affect the eye-sight and hearing of the inhabitants...The directors express deep regret and say that they are taking full
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US Senate report that claimed lax controls at the bank left the US financial system exposed to drug cartels and rogue states...Yesterday Michael Noonan said he believes there is nothing in the US report would call into question the suitability of
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US fine 'Stephen Green has serious questions to answer about what he knew' after a US Senate report suggested the bank 'allowed money laundering by drug cartels and possibly even terrorists', says Labour. Labour warned that he has "serious questions"
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Group in 1986, and served in various senior management roles in the GCC countries, Hong Kong, and the United Kingdom...Douglas Emmett has announced that he has retired from his position as General Manager of Oman International Bank effective Thursday
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