Bankers (81 (now 122) CEO's/Executive's & counting) worldwide are stepping down

Discussion in 'Politics' started by Swills, Mar 2, 2012.

  1. #1 Swills, Mar 2, 2012
    Last edited by a moderator: Mar 6, 2012
    ***UPDATE***
    122 now total in banker resignations worldwide. See link for good time, American Kabuki: 122 RESIGNATIONS FROM WORLD BANKS 3/2/12

    part 1 (oldie but a goodie)
    [ame]http://www.youtube.com/watch?v=2zKPpbh_nSE[/ame]

    part 2
    [ame]http://www.youtube.com/watch?v=_9iHVTCuJ70[/ame]

    GOVERNMENT RESIGNATIONS
    2/6/12
    Romanian prime minister and cabinet resign en masse
    Romanian prime minister and cabinet resign en masse | World news | The Guardian

    2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges) yesterday
    http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html

    RESIGNATIONS FROM WORLD BANKS:

    BANK CEO AND EXECUTIVE RESIGNATION UPDATE 2/27/12

    81 RESIGNATIONS FROM WORLD BANKS 2/27/12

    (1) 9/01/11 (USA NY) Bank of New York Mellon Chief Resigns in a Shake-UP

    http://loanworkout.org/2011/09/bank-of-new-york-mellon-chief-resigns-in-a-shake-up/

    (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.

    http://www.heraldscotland.com/mobil...30?_=20e772c9486b6372433ff2b886a31e9fca7eeb2a

    (3) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis

    http://www.dailymail.co.uk/news/art...boss-steps-Kweku-Adoboli-trading-scandal.html

    (4) 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012

    https://docs.google.com/viewer?url=...rence/pre_20111028/source/pre_20111028.en.pdf

    (5) 10/29/11 (CHINA) Resignations Suggest Shift for China’s Banks

    http://online.wsj.com/article/SB10001424052970203687504577003734190522426.html

    (6) 11/01/12 (INDIA) More directors of the Beed district bank resign

    http://www.thenews.coop/article/more-directors-beed-district-bank-resign

    (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)

    http://www.bankingtimes.co.uk/2011/11/02/lloyds-chief-on-sick-leave/

    (8) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign

    http://www.bloomberg.com/news/2011-...banking-chairman-yasuki-matsui-to-resign.html

    (9) 11/29/11 (Iran) Iran’s Bank Melli CEO Resigns Over Loan Scam
    http://www.dailymotion.com/video/xlcznz_iran-s-bank-melli-ceo-resigns-over-loan-scam_news

    (10) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank]

    http://www.reuters.com/article/2011/12/15/coutts-fleming-idUSL6E7NF23S20111215

    (11) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down

    http://dealbook.nytimes.com/2011/12/22/socgens-investment-banking-chief-steps-down/

    (12) 12/23/11 (USA VA) Bank feud: Chairman Giles quits VNB with other directors

    http://www.readthehook.com/102524/bank-feud-chairman-giles-quits-vnb-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.

    http://www.ubagroup.com/mediacentre/newsdetails/343

    (14) 1/01/12 (ISRAEL) Israel’s Bank Leumi CEO Maor steps down after 16 years

    http://www.reuters.com/article/2012/01/01/leumi-ceo-resignation-idUSL6E8C108220120101

    (15) 1/03/12 (USA VA) Suffolk Bancorp president and CEO steps down

    http://riverheadlocal.com/local-news/4114-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.

    http://www.stockmarketwire.com/article/4285058/Departures-from-Board-at-Arbuthnot-Banking-Group.html

    (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.

    http://www.stockmarketwire.com/article/4285058/Departures-from-Board-at-Arbuthnot-Banking-Group.html

    (18) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down

    http://www.ftadviser.com/2012/01/05...teps-down-M0vEWlpbSqKA3OCLZDCcGM/article.html

    (19)1/09/12 (SWITZERLAND) Switzerland’s central bank chief resigns

    http://www.aljazeera.com/news/europe/2012/01/201219145612935171.html

    (20) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits

    http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/

    (21) 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief quits

    http://www.expatica.com/es/news/spa...-santander-s-americas-chief-quits_202395.html

    (22) 1/30/12 (UNITED KINGDOM) Head Of UK Private Bank Steps Down [Butterfield Private Bank]

    http://www.wealthbriefing.com/html/article.php?title=Head_Of_UK_Private_Bank_Steps_Down&id=43933

    (23) 1/20/12 (JAPAN) Normura’s head of wholesale banking quits

    http://www.euromoney.com/Article/2959021/Nomuras-head-of-wholesale-banking-quits.html

    (24) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September

    http://www.bloomberg.com/news/2012-...r-alan-bollard-to-step-down-in-september.html

    (25) 1/21/12 (Greece) Banks’ top negotiator quits Greece, but talks go on

    http://www.france24.com/en/20120121-banks-top-negotiator-quits-greece-but-talks-go

    (26) 2/01/12 (SOUTH AFRICA) ABSA falls as deputy CEO steps down [UK Barclay's Bank Controlledl

    http://m.news24.com/fin24/Companies/Financial-Services/Absa-falls-as-deputy-CEO-steps-down-20120201

    (27) 2/01/12 (UNITED KINGDOM) Truett Tate - Lloyds Bankging Group head of wholesale quits

    http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/

    (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

    http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/

    "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."

    http://www.heraldscotland.com/mobil...30?_=20e772c9486b6372433ff2b886a31e9fca7eeb2a

    (29) 2/02/12 (VENEZUELA) Key Chavez Minister Resigns Amid Banking Corruption Fallout

    http://www.laht.com/article.asp?CategoryId=10717&ArticleId=348565

    (30) 2/05/12 (USA - NY) Two Top Morgan Stanley Bankers Resign

    http://www.stockbroker-fraud.com/lawyer-attorney-1133774.html

    (31) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html

    (32) 2/7/12 (USA) Bank Of America's Mortgage Business Chief Resigns

    http://www.mortgageorb.com/e107_plugins/content/content.php?content.10881

    (33) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank

    http://articles.economictimes.india...-mahindra-bank-falguni-nayar-shanti-ekambaram

    (34) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)

    http://finance.yahoo.com/news/iran-denies-central-bank-resignation-164154294.html

    (35) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal

    http://articles.businessinsider.com...ey-laundering-law-vatican-finances-italian-tv

    (36) 2/10/12 (KOREA) Korea Exchange Bank chief steps down

    http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML

    (37) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns

    http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/

    (38) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns

    http://www.washingtonpost.com/busin...cal-tensions/2012/02/13/gIQAcxrOAR_story.html

    (39) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns

    http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html

    (40) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank

    http://www.socialenterpriselive.com...inance-pioneer-hayday-steps-down-charity-bank

    (41) 2/14/12 (UKRAINE) The National Bank of Ukraine issued a short statement on Thursday announcing the resignation of deputy governor Volodymyr Krotiuk.

    http://webcache.googleusercontent.c...e+deputy+governor+resigns&hl=en&gl=us&strip=1

    (42) 2/15/12 (WORLD) World Bank CEO Zoellick resigns

    http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/

    Did the White House tell the World Bank president that he's out?

    http://bosco.foreignpolicy.com/post...se_tell_the_world_bank_president_that_hes_out

    (43) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO's (2) resign

    http://www.bloomberg.com/news/2012-...-kreditna-banka-maribor-ceo-plos-resigns.html

    (44) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign

    http://www.centralbanking.com/centr...entary-committee-calls-kenyan-governor-resign

    (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.

    http://www.bankingtimes.co.uk/2012/02/16/fsas-cole-to-step-down/

    (46) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group

    http://business.thinkghana.com/pages/finance/201202/57429.php

    (47) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits

    http://webcache.googleusercontent.c...ndi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us

    (48) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns

    http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill

    (49) 2/16/12 (UNITED KINGDOM) Royal Bank of Scotland Bankers Arrested

    http://www.telegraph.co.uk/finance/...s-caught-up-in-film-investment-tax-probe.html

    (50) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns

    http://www.theaustralian.com.au/bus...s-australian-arm/story-fnay3vxj-1226272513981

    (51) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer

    http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/

    (52) 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass To Leave Central Bank

    http://online.wsj.com/article/BT-CO-20120217-710604.html

    (53) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down

    http://www.nation.com.pk/pakistan-n...nline/24hours-news+(The+Nation+:+Latest+News)

    (54) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down

    http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711

    (55) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns

    http://www.businessweek.com/news/20...e-bank-chief-asian-economist-tan-resigns.html

    (56) 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd. : Mr. Zvi Itskovitch Announces his Decision to Redesign From Bank Leumi

    http://www.4-traders.com/BANK-LEUMI...ecision-to-Redesign-From-Bank-Leumi-14031540/

    (57) 2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bank

    http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25695731

    (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.

    http://www.businessweek.com/news/20...t-director-quits-in-candy-austerity-push.html

    (59) 2/21/12 (ARGENTINA) The general manager of the Central Bank of Argentina (BCRA), Benigno Velez, resigned his position today.

    http://m24digital.com/en/2012/02/21/the-general-manager-of-the-bcra-benigno-velez-resigned-today/

    (60) 2/21/12 (BANGLADESH) Five bank, insurance directors resign

    http://www.thefinancialexpress-bd.com/more.php?news_id=120917&date=2012-02-21

    (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.

    http://www.bloomberg.com/news/2012-...u-s-mutuals-efsf-bond-program-compliance.html

    (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/20...ys-merrill-lynch-hires-investment-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.

    http://www.stockmarketwire.com/article/4314895/McFarlane-steps-down-from-RBS-board.html

    (65) 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns, may start up law firm

    http://www.legallyindia.com/2012022...k-gc-pramod-rao-resigns-may-start-up-law-firm

    (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.

    http://www.businessweek.com/news/20...-s-co-head-of-global-real-estate-resigns.html

    (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.

    http://www.voxy.co.nz/business/fsf-executive-director-resigns/5/115797

    (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
    http://uk.reuters.com/article/2012/02/24/evercore-mestre-idUKL2E8DO4RO20120224

    (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.

    http://www.ifrasia.com/goldman-sachs-fitz-quits/21001856.article

    (70) 2/27/12 (GERMANY) Deutsche Bank Americas chief steps down

    http://www.cbsnews.com/8301-505245_162-57385821/deutsche-bank-americas-chief-steps-down/

    (71) 2/27/12 (BAHRAIN) Ebrahim Ebrahim quits as CEO of Khaleeji Commercial Bank

    http://www.cpifinancial.net/news/post/12845/ebrahim-ebrahim-quits-as-ceo-of-khaleeji-commercial-bank

    (72) 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down

    http://dealbook.nytimes.com/2011/12/22/socgens-investment-banking-chief-steps-down/

    (73) 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns

    http://twentyfoursevennews.com/banking-finance/elaf-bank-ceo-dr-el-jaroudi-resigns/

    (74) 2/27/12 (JAPAN) Nomura’s Head Of Wholesale Banking Quits

    http://atomiclotusbox.wordpress.com/2012/02/27/nomuras-head-of-wholesale-banking-quits/

    (75) 2/27/12 (INDIA) Falguni Nayar Quits Kotak Mahindra Bank

    http://atomiclotusbox.wordpress.com/2012/02/27/falguni-nayar-quits-kotak-mahindra-bank/

    (76) 2/27/12 (GERMANY) Equiduct chairman steps down

    http://www.efinancialnews.com/story...irman-steps-down?mod=sectionheadlines-home-TT

    (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.

    http://twentyfoursevennews.com/bahrain-news/al-zain-steps-down-as-mumtalakat-holding-ceo/

    (78) 2/27/12 (IRAN) Iran’s Bank Melli CEO Resigns Over Loan Scam

    http://atomiclotusbox.wordpress.com/2012/02/27/irans-bank-melli-ceo-resigns-over-loan-scam/

    (79) 2/27/12 (INDIA/KASHMIR) AJK Bank’s Executive Steps Down

    http://www.monitorkashmir.com/conte...own?destination=node?timeframe=all&filter=all

    (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.

    http://www.bankingtimes.co.uk/2012/02/27/moreno-to-step-down-at-lloyds/

    (81) 2/28/12 (HONG KONG) Leung `to enjoy life’ as she calls it quits

    http://www.thestandard.com.hk/news_...1&sid=35559525&con_type=1&d_str=20120228&fc=1

    And I'll end this post with this fantastic video of Greenspan for you all to enjoy!
    [ame]http://www.youtube.com/watch?v=Uz-6Yuq_yrM[/ame]
     
  2. Bankers in trouble?

    Hahahahahahahahahahahahahahahaha!

    Silly rabbit, it's civilian who's in trouble.

    Lol bankers in trouble.
     
  3. Get out while you can before they catch ya.
     
  4. We, the non bankers and friends, the 99% (I guess) have always been in trouble but the tables seem to be turning. Keep your eyes to future current events because this is far from over. More to come, I'm sure.
     
  5. Guess what...there is another man that will step in and do the exact same thing!
     
  6. They are all preparing for the Reptilians to come and take them (the elites) back to Nibiru to live eternally and travel the cosmos.
     
  7. #8 Swills, Mar 2, 2012
    Last edited by a moderator: Mar 2, 2012
    There could be, but if you watch the videos you'll see that a Congressman who worked with Ron Paul regarding the Fed is drafting new laws (for whatever they're worth) to deal with these crooks, so yeah a new guy could do the same shit but he'll most likely get fucked for it, or not. Time will tell.
     
  8. This has posted sometime in the last week or so...
     
  9. Don't care. I remember that thread and all the OP of that thread did was post one link to another forum with this info, hence no one bothered to care. So consider this a do over.

    This is about spreading information, not who posted what first. Did the last thread get any attention at all because me thinks it just got buried and is prolly lost on page 39 by now.
     
  10. :laughing: Just said it had been posted before, no need to get up tight and defensive.
     
  11. #12 Swills, Mar 3, 2012
    Last edited by a moderator: Mar 3, 2012
    Defensive? Sure. Uptight? Nah

    edit: I'm glad I made this thread because my list went from 20something Bankers stepping to discovering over 80 Bankers have stepped down.
     
  12. Wow. Bankers take billions (maybe trillions globally) from printed money, bail out before the whole things crashes, then tell the people "sorry, we can't print any more money".

    Or course you can't. You printed all you could and pocketed it.

    To the people on that list, austerity means learning to live with the mere billions they already stole.
     
  13. Nah, they keep printing money, well the Fed does, and then the Fed passes on the savings to the other banks who end up fucking us.
     
  14. The important bankers are stepping down so they can be appointed to unelected positions when shit starts to hit the fan.

    It happened in Greece and Italy and you can expect it to happen here when the interest rates start rising.
     
  15. #16 Swills, Mar 6, 2012
    Last edited by a moderator: Mar 6, 2012
    ***UPDATE***

    I edited the original post to reflect the update.
     
  16. #17 NasaJoe, Mar 6, 2012
    Last edited by a moderator: Mar 6, 2012
    Thanks for the update swills.. I'm looking forward to where this goes, as well as any insight on the situation..

    I keep hoping that they 've realized there's no more that can be sucked out of the lifeblood that is wealth the of this economy and they are quitting while they are ahead.. What can I say, glass half full :D
     
  17. #18 Swills, Mar 6, 2012
    Last edited by a moderator: Mar 6, 2012
    Yeah man, no worries, I'll be watching for more updates and I suspect there will be. A lot of the articles just state that so-and-so is leaving while giving a brief history of who the guy was and what he did (some articles really seem to kiss ass), who will succeed him, and blah blah blah, but they never tell you why the fucker is leaving. Some of them could just be old and are retiring but not all of them. I'll report back if I find anything with substance.

    Here's a fun one,

    http://www.perthnow.com.au/news/nat...yrs-for-3m-theft/story-e6frg15u-1226284134427
     
  18. I want to believe the bankers are stepping down because the people are finally paying attention to what they do.
     
  19. #20 Swills, Mar 12, 2012
    Last edited by a moderator: Mar 12, 2012

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