Deutsche Bank AG’s Christian Bittar, one of the firm’s best-paid traders, lost about 40 million euros ($53 million) in bonuses after he was fired for trying to rig interest rates, three people with knowledge of the move said.
Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group Plc’s trading floor overlooking London’s Liverpool Street station, Paul White punched a series of numbers into his computer.
The departure of New York Times Co. Chief Executive Officer Janet Robinson last month leaves the company with a leadership vacuum amid falling revenue, profit squeezed by pension costs and pressure from family members to restore a dividend once worth more than $20 million a year.
June 20 (Bloomberg) -- Michael Golden, president and chief executive officer of ShopRunner, talks about the company's business strategy and services for retailers. He speaks with Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
The California Public Employees’ Retirement System, the nation’s largest pension, is winding down a European fund managed by former U.S. Securities and Exchange Commission Chairman Richard Breeden after it lost $71.5 million.