Dan Wilchins
Articles
Fed asks U.S. banks to submit TARP repayment plans
WASHINGTON (Reuters) - The U.S. Federal Reserve this month asked banks that were part of its "stress tests" to submit plans to repay government money, if they have not already repaid it, a person familiar with the situation said on Tuesday. Full Article
UPDATE 2-Fed asks U.S. banks to submit TARP repayment plans
*Banks must prove they can raise common equity (Updates with bank names, bullet points, detail) Full Article
GMAC CEO resigns, Carpenter steps in
NEW YORK (Reuters) - GMAC Chief Executive Al de Molina has resigned, and will be replaced by Michael Carpenter, the troubled lender said on Monday. Full Article
American Express seeks to build up retail bank
NEW YORK (Reuters) - American Express Co <AXP.N> is planning to build up its online and mail banking business into a source of at least $10 billion of deposit funding, its chief financial officer said. Full Article
Feinberg told Citi that Hall took too much risk
NEW YORK (Reuters) - Before Citigroup <C.N> opted to sell its Phibro energy trading unit, the Obama administration's pay czar told the bank that anybody earning $100 million a year in salary may be taking "excessive risk." Full Article
UPDATE 3-Citi boosts base salaries of some senior employees
NEW YORK, Nov 17 (Reuters) - Citigroup Inc <C.N> said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but still plans to pay Chief Executive Vikram Pandit $1 for the year. Full Article
Citi boosts base salaries of some senior employees
NEW YORK (Reuters) - Citigroup Inc <C.N> said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but still plans to pay Chief Executive Vikram Pandit $1 for the year. Full Article
UPDATE 3-Citi boosts base salaries of some senior employees
NEW YORK, Nov 17 (Reuters) - Citigroup Inc <C.N> said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but still plans to pay Chief Executive Vikram Pandit $1 for the year. Full Article
UPDATE 1-Citi boosts base salaries for some senior employees
NEW YORK, Nov 17 (Reuters) - Citigroup Inc <C.N> said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but has left Chief Executive Vikram Pandit's salary unchanged. Full Article
RPT-U.S. regulators squeeze banks on future tax assets
* For some banks, writedowns can trigger capital raises (Repeating item that initially moved on Friday) Full Article
