When JPMorgan Chase & Co.’s Jamie Dimon got a 74 percent raise in January, U.S. Attorney Preet Bharara fumed. He had forced the bank just weeks before to pay $1.7 billion for enabling Bernard Madoff’s Ponzi scheme. And yet Dimon was being rewarded.
Deutsche Boerse AG is exploring a sale of International Securities Exchange Holdings Inc., the U.S. options business it acquired in 2007 before industry growth stalled, people with knowledge of the matter said.
Warren Buffett, the second-richest man in the U.S., said his eventual successor as chief executive officer of Berkshire Hathaway Inc. should be the company’s sole manager getting stock options as compensation.
Mark Zuckerberg, chief executive officer of Facebook Inc., won approval from U.S. antitrust authorities for a transaction that a person familiar with the matter said involves the exercise of stock options he’ll receive from the company’s initial public offering.
A ban on stock options proposed Socialist presidential candidate Francois Hollande would be a mistake, Le Parisien reported, citing an interview with Unibail- Rodamco SE Chief Executive Officer Guillaume Poitrinal.