James Schiro

James Schiro News

  • Zurich Insurance Seen Cutting Profitability Goal at CMD

    Zurich Insurance Group AG Chief Executive Officer Martin Senn will probably reduce a profitability target after Switzerland’s biggest insurer said it may struggle to meet some goals set in 2010.

  • Goldman Sachs Needs a New Audit Committee

    Goldman Sachs Group Inc. ’s reputation sustained a body blow last year when the firm paid $550 million to settle a fraud claim by the Securities and Exchange Commission over its sales of a mortgage-bond deal called Abacus. The integrity of its financial statements, however, has never come under serious challenge.

  • Prudential May Replace Chairman McGrath With Schiro, Independent Reports

    James Schiro , former chief executive officer of Zurich Financial Services AG, is a candidate for the chairmanship of Prudential Plc, the Independent on Sunday said , citing unidentified people familiar with the situation.

  • Goldman Reaches Deal to Drop Proposal for Separate Chairman

    Goldman Sachs Group Inc. reached an agreement with an investor for the second straight year to drop a proposal from its annual meeting that called for an independent board chairman.

  • JPMorgan Gave Risk Oversight to Museum Head With AIG Role

    The three directors who oversee risk at JPMorgan Chase & Co. include a museum head who sat on American International Group Inc.’s governance committee in 2008, the grandson of a billionaire and the chief executive officer of a company that makes flight controls and work boots.

  • Victory for Dimon as JPMorgan Shareholders Reject CEO-Chairman Split

    JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, weathering a push to divide the roles after the largest U.S. bank suffered a record trading loss.

  • Scrutiny of Goldman’s Board Focusing on Silence Over Conflicts

    Greg Palm , Goldman Sachs Group Inc. general counsel, took a call in his 37th-floor office at One New York Plaza on Dec. 16, 2008. It was his old boss, Stephen Friedman , a former Goldman chairman who was then head of the audit committee of its board of directors. Goldman’s stock was down 65 percent from its 52-week high during an accelerating global financial breakdown.

  • Dimon Seen Keeping Chairman, CEO Roles in Preliminary Voting

    JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today’s shareholder meeting, according to two people with knowledge of the tallies.

  • JPMorgan Shareholders Reject CEO-Chairman Split in Win for Dimon

    JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won shareholder support to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.

  • Goldman's Silent Board

    Amid a storm of criticism, government investigations and an SEC suit, the investment bank’s outside directors have failed to speak out.

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