Thorsten Heins Hits First Stumbling Block At RIM

NEWSMAKERS: CANADA   By Luca Ventura   On March 29, telecoms company Research In Motion posted its first loss in seven years.   Tough road ahead for RIM chief Thorsten Heins Photo Credit : REUTERS/EDUARDO MUNOZ It was not what shareholders had ...

World’s Best Banks 2012: North America

By Thomas Clouse, Jonathan Gregson, Antonio Guerrero & Gordon Platt NORTH AMERICA North America’s banks are well along the road to recovery from the financial crisis, amid signs of improvement in the US and Canadian economies. The Federal Deposit Insurance Corporation ...

Feinberg Departs After BP Oil Spill Settlement

NEWSMAKERS: UNITED STATES   By Gordon Platt   Kenneth Feinberg, the Boston-bred lawyer who oversaw the process of paying out billions of dollars to victims of the 2010 oil spill in the Gulf of Mexico, was relieved of his duties last month, ...

SAFEST BANKS IN NORTH AMERICA 2012

Global Finance names the Safest Banks in North America: April 2012 NEW YORK, March 1, 2012 — Global Finance magazine ( GFfmag.com ) has named the top 10 “Safest Banks in North America: April 2012” in an exclusive survey to ...

Barney Frank Says Farewell To Congress

NEWSMAKERS: UNITED STATES   By Paula Green   Will Wall Street miss US Congressman Barney Frank, the ranking Democrat on the House Financial Services Committee (HFSC) and architect of the 2010 legislation aiming to avert another global financial disaster?   Frank ...

Toronto To Overtake London As A Hub For Bankers

MILESTONES: TORONTO   By Erik Heinrich   Canada’s financial capital is on track to become one of the largest global banking centers—overtaking London in the number of banking jobs by 2017, according to Moody’s Analytics.   Toronto to overtake London in banking ...

Jon Corzine Has A Lot Of Explaining To Do

NEWSMAKERS: UNITED STATES   By Gordon Platt   Jon Corzine, the former governor of New Jersey and once a US senator, believes that a man’s word is his bond.   Fallout from MF Global raises concerns over CFTC watchfulness When ...