Bankers Withdrawal Around the World
An interesting blog post below. I would see it as another tipping point. That’s my tip for what it is worth!
http://www.indiandefence.com/forums/f13/why-all-bankers-resigning-15238/
Why are all the Bankers Resigning !!! ???
(1) 9/01/11 (USA NY) Bank of New York Mellon Chief Resigns in a Shake-UP
Bank of New York Mellon Chief Resigns in a Shake-Up | Loan Calculator
(2) 09/20/12 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.
Warning as last Scot leaves Lloyds board Lloyds could lack Scottish voice | Herald Scotland
(3) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis
Oswald Gruebel resigns: UBS boss steps down after Kweku Adoboli trading scandal | Mail Online
(4) 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
https://docs.google.com/viewer?url=h…0111028.en.pdf
(5) 10/29/11 (CHINA) Resignations Suggest Shift for China’s Banks
CCB, AgBank Chairmen Resign in Chinese Bank Shake-Up – WSJ.com
(6) 11/01/12 (INDIA) More directors of the Beed district bank resign
More directors of the Beed district bank resign | Co-operative News
(7) 11/02/12 (UNITED KINGDOM) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 – DEFACTO RESIGNATION)
Lloyds’ chief on sick leave : Banking Times: Daily Banking News
(8) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
(9) 11/29/11 (Iran) Iran’s Bank Melli CEO Resigns Over Loan Scam
Iran’s Bank Melli CEO resigns over loan scam – Video Dailymotion
(10) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank]
Senior private banker resigns from Coutts | Reuters
(11) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down
Societe Generale’s Investment Banking Chief Steps Down – NYTimes.com
(12) 12/23/11 (USA VA) Bank feud: Chairman Giles quits VNB with other directors
(13) 1/01/12 (NIGERIA) The Board of United Bank for Africa Plc, the pan African financial services Group with presence in 19 countries across Africa, has accepted the resignation of Mr. Victor Osadolor, from the board with effect from January 9, 2012.
UBA Group – Media Centre – News Details
(14) 1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Maor steps down after 16 years
Israel’s Bank Leumi CEO Maor steps down after 16 years | Reuters
(15) 1/03/12 (USA VA) Suffolk Bancorp president and CEO steps down
Suffolk Bancorp president and CEO steps down
(16) 1/03/12 (UNITED KINGDOM) Departures from Board at Arbuthnot Banking Group: Neil Kirton
Shortly before the market closed at 12.30 p.m. on Friday the company disclosed that Neil Kirton had resigned from the Board the previous day.Departures from Board at Arbuthnot Banking Group | 3 January 2012 | Stock Market Wire
(17) 1/03/12 (UNITED KINGDOM) Departures from Board at Arbuthnot Banking Group: Atholl Turrell
It has today stated that Atholl Turrell has left the Board.Departures from Board at Arbuthnot Banking Group | 3 January 2012 | Stock Market Wire
(18) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down
Saunderson House chief executive steps down – FTAdviser.com
(19)1/09/12 (SWITZERLAND) Switzerland’s central bank chief resigns
Switzerland’s central bank chief resigns – Europe – Al Jazeera English
(20) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits
Lloyds’ head of wholesale quits : Banking Times: Daily Banking News
(21) 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief quits
Spanish bank Santander’s Americas chief quits < Spanish news | Expatica Spain
(22) 1/30/12 (UNITED KINGDOM) Head Of UK Private Bank Steps Down [Butterfield Private Bank]
WealthBriefing – Head Of UK Private Bank Steps Down
(23) 1/20/12 (JAPAN) Normura’s head of wholesale banking quits
(24) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in Sept
emberNew Zealand Reserve Bank Governor Alan Bollard to Step Down in September – Bloomberg
(25) 1/21/12 (Greece) Banks’ top negotiator quits Greece, but talks go on
Banks’ top negotiator quits Greece, but talks go on – FRANCE 24
(26) 2/01/12 (SOUTH AFRICA) ABSA falls as deputy CEO steps down [UK Barclay’s Bank Controlledl
Absa falls as deputy CEO steps down | Fin24
(27) 2/01/12 (UNITED KINGDOM) Truett Tate – Lloyds Bankging Group head of wholesale quits
Lloyds’ head of wholesale quits : Banking Times: Daily Banking News
(28) 2/01/12 (UNITED KINGDOM) Tim TOokey – Llyods Banking Group leaving end of February having served as interim group chief executive in addition to group finance director
Lloyds’ head of wholesale quits : Banking Times: Daily Banking News
“Mr Tookey, who has been with the group since 2006, will leave at the end of February after preparing the bank’s accounts for 2011. He will not get a pay-off.”
Warning as last Scot leaves Lloyds board Lloyds could lack Scottish voice | Herald Scotland(29) 2/02/12 (VENEZUELA) Key Chavez Minister Resigns Amid Banking Corruption Fallout
Latin American Herald Tribune – Key Chavez Minister Resigns Amid Banking Corruption Fallout
(30) 2/05/12 (USA – NY) Two Top Morgan Stanley Bankers Resign
(31) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:
Dhanlaxmi Bank CEO Amitabh Chaturvedi quits – Corporate News – livemint.com
(32) 2/7/12 (USA) Bank Of America’s Mortgage Business Chief Resigns
MortgageOrb: Content / Residential Mortgage / Bank Of America’s Mortgage Business Chief Resigns(33) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank
Falguni Nayar quits Kotak Mahindra Bank – Economic Times
(34) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)
Iran denies central bank resignation rumor – Yahoo! Finance(35) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal
Four Priests Charged In Vatican Banking Scandal – Business Insider(36) 2/10/12 (KOREA) Korea Exchange Bank chief steps down
Korea Exchange Bank chief steps down | YONHAP NEWS(37) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns
Tamilnad Mercantile Bank MD resigns
(38) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns
http://www.washingtonpost.com/busine…OAR_story.html
(39) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns
Nicaragua Central Bank Head Quits Amid Row – Bloomberg
(40) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank
Social finance pioneer Hayday steps down from Charity Bank | Social Enterprise
(41) 2/14/12 (UKRAINE) The National Bank of Ukraine issued a short statement on Thursday announcing the resignation of deputy governor Volodymyr Krotiuk.
www.centralbanking.com/central-banking/news/2145127/ukraine-deputy-governor-resigns%3FWT.rss_f%3DHome%26WT.rss_a%3DUkraine%252 0deputy%2520governor%2520resigns+ukraine+deputy+go vernor+resigns&hl=en&gl=us&strip=1]Ukraine deputy governor resigns – Central Banking[/url]
(42) 2/15/12 (WORLD) World Bank CEO Zoellick resigns
World Bank President Zoellick Resigns | Business | TIME.com
Did the White House tell the World Bank president that he’s out?
Did the White House tell the World Bank president that he’s out? | The Multilateralist
(43) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO’s (2) resign
(44) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign
Parliamentary committee calls for Kenyan governor to resign – Central Banking
(45) 2/16/12 (UNITED KINGDOM) The Financial Services Authority’s (FSA’s) interim managing director, Conduct Business Unit, Margaret Cole, is to step down later this year.
FSA is the regulator of all providers of financial services in the UK; Bank of England retains
responsibility for systemic risk.FSA’s Cole to step down : Banking Times: Daily Banking News
(46) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group
Ken Ofori-Atta steps down as Executive Chair of Databank Group | Banking/Finance | News in Ghana
(47) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits
www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us]Saudi Hollandi Banks MD quits | A1SaudiArabia.com[/url]
(48) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns
(49) 2/16/12 (UNITED KINGDOM) Royal Bank of Scotland Bankers Arrested
Senior bankers caught up in film investment tax probe – Telegraph
(50) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
Cookies must be enabled. | The Australian
(51) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer
Blankfein out as Goldman Sachs CEO by summer? – The Term Sheet: Fortune’s deals blog Term Sheet
(52) 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass To Leave Central Bank
UPDATE: SNB Council President To Leave Central Bank – WSJ.com
(53) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down
AJK Bank?s executive steps down | The Nation
(54) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down
Newsley.com | Head of Russian bank regulator steps down
(55) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
Credit Suisse’s Private Bank Chief Asian Economist Tan Resigns – Businessweek
(56) 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd. : Mr. Zvi Itskovitch Announces his Decision to Redesign From Bank Leumi
(57) 2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bank
Seneca National Bank: Private Company Information – BusinessWeek
(58) 2/20/12 (USA WA) First Financial Northwest Director Quits in Candy Austerity Push[shades of the movie The Caine Mutiny?] First Financial Northwest Inc., a Renton, Washington-based lender, said director Spencer Schneider resigned after asking the bank to remove pictures of past directors and serve only hard candies at annual meetings.Schneider made the requests at a Feb. 15 board meeting as “symbols of austerity,” and also asked that the bank suspend serving refreshments at the annual shareholders’ meeting, offering just hard candies instead, he said. Schneider, general counsel for shareholder Joseph Stilwell, resigned immediately when the company asked that his requests be placed on the agenda for a board meeting next month, the bank said yesterday.
First Financial Northwest Director Quits in Candy Austerity Push – Businessweek
(59) 2/21/12 (ARGENTINA) The general manager of the Central Bank of Argentina (BCRA), Benigno Velez, resigned his position today.
The General Manager of the BCRA, Benigno Vélez, resigned today | M24 Digital
(60) 2/21/12 (BANGLADESH) Five bank, insurance directors resign
Five bank, insurance directors resign
(61) 2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.
Citigroup Stakes, U.S. Mutuals, EFSF Bonds: Compliance – Bloomberg
(62) 2/22/12 (USA) Wietschner, Goldman Hedge Fund Advisory Chief, Retires
https://www.finalternatives.com/node/19689
(63) 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
http://mobile.bloomberg.com/news/201…nt-banker-gush
(64) 2/23/12 (SCOTLAND) Royal Bank of Scotland Group has announced that John McFarlane will step down as a Non-executive Director on 31 March 2012, as a regulatory condition of his impending appointment at Aviva.
(65) 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns, may start up law firm
Breaking: ICICI Bank GC Pramod Rao resigns, may start up law firm | In-house counsel | Legally India
(66) 2/24/12 (HONG KONG) Citigroup Private Bank’s Co-Head of Global Real Estate Resigns
Feb. 24 (Bloomberg) — Kwang Meng Quek, co-head of the global real estate group at Citigroup Inc.’s private banking unit, resigned.Citigroup Private Bank’s Co-Head of Global Real Estate Resigns – Businessweek
(67) 2/24/12 (NEW ZEALAND) FSF Executive Director resigns
After two years leading the Financial Services Federation (“FSF”) executive director, Kirk Hope has resigned to take up the role of chief executive of the New Zealand Bankers? Association.FSF Executive Director resigns | Voxy.co.nz
(68) 2/24/12 (USA) Evercore’s Mestre steps down as U.S. banking head
(Reuters) – Eduardo Mestre has stepped down as day-to-day head of Evercore Partners Inc’s U.S. investment banking business, the New York-based company said in a regulatory filing(69) 2/25/12 (AUSTRALIA AND NEW ZEALAND) Goldman Sachs: Fitz quits
Stephen Fitzgerald has resigned as Australia and New Zealand chairman and advisory director at Goldman Sachs, after 20 years with the bank. His departure comes less than a year after Goldman took full control of its Australian joint venture, formerly known as Goldman Sachs JBWere.Goldman Sachs: Fitz quits | Marketplace | IFRAsia
(70) 2/27/12 (GERMANY) Deutsche Bank Americas chief steps down
Deutsche Bank Americas chief steps down – CBS News
(71) 2/27/12 (BAHRAIN) Ebrahim Ebrahim quits as CEO of Khaleeji Commercial Bank
CPI Financial | News | Ebrahim Ebrahim quits as CEO of Khaleeji Commercial Bank
(72) 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down
Societe Generale’s Investment Banking Chief Steps Down – NYTimes.com
(73) 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
Elaf Bank CEO Dr El Jaroudi resigns , 24×7 Bahrain News
(74) 2/27/12 (JAPAN) Nomura’s Head Of Wholesale Banking Quits
Nomura’s Head Of Wholesale Banking Quits « ALLERGIC
(75) 2/27/12 (INDIA) Falguni Nayar Quits Kotak Mahindra Bank
Falguni Nayar Quits Kotak Mahindra Bank « ALLERGIC
(76) 2/27/12 (GERMANY) Equiduct chairman steps down
(77) 2/27/12 (BAHRAIN) Al Zain steps down as Mumtalakat Holding CEO
The board of directors of Bahrain Mumtalakat Holding Company (Mumtalakat),Bahrain’s Sovereign Wealth Fund, has accepted the resignation of the Chief Executive Officer, Talal Al Zain, following the completion of a four year term as head of the investment arm for non-oil and gas assets of the Kingdom of Bahrain.
Al Zain steps down as Mumtalakat Holding CEO, 24×7 Bahrain News
(78) 2/27/12 (IRAN) Iran’s Bank Melli CEO Resigns Over Loan Scam
Iran’s Bank Melli CEO Resigns Over Loan Scam « ALLERGIC
(79) 2/27/12 (INDIA/KASHMIR) AJK Bank’s Executive Steps Down
(80) 2/27/12 (UNITED KINGDOM) Moreno to step down at Lloyds Banking Group
Lloyds Banking Group has announced that Glen Moreno, its senior independent director, intends not to seek re-election at the bank’s annual general meeting on 17th May, and will retire from the board on that date.Moreno to step down at Lloyds : Banking Times: Daily Banking News
(81) 2/28/12 (HONG KONG) Leung `to enjoy life’ as she calls it quits
Leung ‘to enjoy life’ as she calls it quits – The Standard
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Umm…. remember seeing the movie 2012 and watching all the heads of banks and companies resign ?
Really.. in a span of two months 81 banking heads resign all over the world…. Someone tell me this is normal !!
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