In his banking days Davidson worked in spacious, well-appointed private offices with his own secretary.
Setting low expectations seems like a winning strategy for banking executives these days, and Corbat, who announced 11, 000 job cuts in his first major move from the corner office in December, certainly has a hurdle he should be able to clear in the quarters to come.
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It has been infusing billions of dollars into the banking system in recent days to keep that rate from rising above the target level.
He started a five year fixed-term contract as Hampshire's top officer in 2008, just days before the banking collapse led to a squeeze in public sector finances.
Last week, the Chase online banking system was down for three days due to a service outage.
Still, Langone, no stranger to Wall Street, made a round of phone calls to top banking executives in the last few days to size up interest in pursuing a counter-offer for the NYSE.
It is still early days but as bitcoin bypasses traditional banking and financial institutions, it is a currency off the grid just as System D.
These high-profile analysts lasso investment banking clients, then hawk the clients' stocks 30 days after an initial public offering.
Rules from the City watchdog stipulate that this redress should be paid promptly, and Lloyds Banking Group aimed to pay out in less than 28 days.
That is why, as I've mentioned before, it is pointless looking at Libor and euribor interest rates for signs of banking stress, because they are semi-irrelevant markets these days.
Online banking accounts, for example, hold the last 30 to 90 days on a cache facility off the mainframe.
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In the old days three quarters of research coverage was on smallcap and midcap stocks, investment banking territory.
After the market's strong, steady rise to kick off the year, investors have been wrestling with a bout of volatility in recent days, thanks in part to concerns over a bailout of Cyprus's banking system.
In the old days three-quarters of the research coverage was on small and midcap stocks, investment banking territory.
There are rumours of several large corporate bankruptcies, possibly only days or weeks away, that could produce a long overdue bout of honesty in the banking system, and leave the government with no choice but to act.
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