Michael Golden News
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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.
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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.
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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.
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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)
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The U.S. government missed its small- business contracting goal in fiscal 2011 for at least the 11th straight year and may be on its way to the 12th.
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Deutsche Bank AG said Thorsten Strauss, 44, will join Germany’s biggest bank March 1 and succeed Stefan Baron as global head of communications from June.
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Royal Bank of Scotland Group Plc trader Tan Chi Min told colleagues the firm was able to move global interest rates, according to court filings.
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New York Times Co., struggling with declining advertising sales, is in talks to sell its regional- newspaper unit to Halifax Media Holdings LLC.
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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.
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Anshu Jain, co-head of investment banking at Deutsche Bank AG, sold his stake in an Indian cricket team that is part of a lucrative league whose funding is being probed by the government.
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