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AP Sources: Iowa GOP head Strawn to resign - San Francisco Chronicle
The officials requested anonymity to speak because the party had yet to make a formal announcement. They said Strawn had planned to resign at a party meeting on Feb. 11, but now say the announcement could come as early as Tuesday.
Samsung Securities Said to Close Most of Hong Kong Unit - San Francisco Chronicle
The company will shut equity sales and research operations in Hong Kong, said the people, who declined to be identified because the plan hasn't been publicly announced. It wasn't immediately clear how many jobs will be eliminated, the people said.
UBS May Purchase Brazilian Lender as Banking License Stalls - San Francisco Chronicle
UBS has sought a license for the past two years to open its own business trading stocks and bonds, investing proprietary funds, and offering derivatives and syndicated loans, according to the person, who asked not to be named because the firm's ...
Bank Foreclosure Agreement Deadline for States Set for Feb. 3 - San Francisco Chronicle
Separately, Joseph Smith, the North Carolina commissioner of banks, will serve as monitor to ensure banks comply with terms of the settlement, according to a person familiar with the matter who wasn't authorized to speak publicly about it.
Peru 6.2-Magnitude Earthquake Injures 119 and Damages Homes - San Francisco Chronicle
Southern Copper Corp., Peru's largest producer of the metal, didn't sustain any damage at its mines or smelter, said a company official briefed on the matter, declining to be named because of company policy. Pluspetrol SA said its Camisea natural gas ...
YPF Plunges on Government Takeover Concern: Buenos Aires Mover - San Francisco Chronicle
A YPF official, who refused to be named because of corporate policy, declined to comment in an e-mail today. An official at the Planning Ministry wasn't immediately available when called by Bloomberg News. President Cristina Fernandez de Kirchner is ...
Nomura Said to Hire Aird as Europe Head of Equity Syndicate - San Francisco Chronicle
Aird will start at the Japanese bank's London office in the beginning of February, said the person, who declined to be identified because the plans are private. He was with Credit Suisse for more than a decade. While there, he worked in London as a ...
EU Stumbles on Greek Plan as Merkel Signals Debt Deal Delay - San Francisco Chronicle
Creditors are willing to take an average coupon of as low as 3.6 percent on new 30-year bonds, said a person familiar with the matter, who declined to be identified because a final deal hasn't been struck yet. As recently as Jan.
ABB Said to Near Purchase of Thomas & Betts for $4 Billion - San Francisco Chronicle
ABB, based in Zurich and the world's largest provider of power-transmission gear, may announce a deal as soon as today, said the person, who spoke on condition of anonymity because the negotiations are private. The talks for Thomas & Betts, ...
IIF Says It Expects to Finish Deal on Greek Debt Swap This Week - San Francisco Chronicle
Creditors are prepared to accept an average coupon of as low as 3.6 percent on new 30-year bonds, said a person familiar with the talks, who declined to be identified because a final deal hasn't been struck yet. Juncker, who also leads the group of ...
New Raiders coach Allen granted time, authority - San Francisco Chronicle
Allen signed a four-year deal, according to a source close to Allen, twice as long as the two-year deals the past five got. Tom Cable and Hue Jackson were fired after 8-8 records the past two seasons, and more job security is not the only thing Allen ...
New Raiders coach Allen granted time, authority - San Francisco Chronicle
Allen signed a four-year deal, according to a source close to Allen, twice as long as the two-year deals the past five got. Tom Cable and Hue Jackson were fired after 8-8 records the past two seasons, and more job security is not the only thing Allen ...
Citigroup Said to Cut Bonuses in Investment Bank By About 30% - San Francisco Chronicle
28 (Bloomberg) -- Citigroup Inc., the third-biggest US lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average amid slumping revenue, according to a person briefed on the matter. Some businesses within the ...
Berkeley barber mourns slain nephew - San Francisco Chronicle
The woman had been about to open the door when Warren was shot, said the friend, who asked not to be named because he feared for his safety. "If she had opened the door, she would have died and got sprayed up, too," he said as he swept up glass and ...
Citigroup Said to Cut Bonuses in Investment Bank About 30% - San Francisco Chronicle
27 (Bloomberg) -- Citigroup Inc., the third-biggest US lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average, according to a person briefed on the matter. Some businesses within the securities and banking ...
Citigroup Said to Cut 2011 Bonuses in Investment Bank About 30% - San Francisco Chronicle
27 (Bloomberg) -- Citigroup Inc., the third-biggest US lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average, according to a person briefed on the matter. Some businesses within the securities and banking ...
Citigroup Exits Proprietary Trading, Says Most Staff Leave - San Francisco Chronicle
Citigroup holds about $5 billion of shareholders' funds in internal private-equity and hedge funds, a person familiar with the matter said in May. The funds may also be subject to the proposed rule, named for former Federal Reserve chairman Paul ...
Credit Suisse's Dougan Said to Not Get Derivative Bonds in Bonus - San Francisco Chronicle
... overall 2011 pay packages for senior staff -- including the new bonds -- were down about 30 percent on average from a year earlier, said people briefed on the matter who spoke on condition of anonymity because compensation discussions are private.
UK port of Dover closed because of security alert - San Francisco Chronicle
She spoke on condition of anonymity in line with force policy. In a message posted later to the force's Twitter feed, Kent Police said that some weapons had been discovered in a car at Dover's Eastern Docks. It wasn't clear exactly what kind of weapons ...
AGENCY EXEC: I Met Yahoo's New CEO, And I Don't Understand Why The Board Hired ... - San Francisco Chronicle
This executive, who asked to remain anonymous in order to be more candid about a person he or she will have to work with in the future, was pretty blunt. This exec said: "I would like to know what the Yahoo board was looking for that this guy that this ...
Credit Suisse Senior Bankers' Compensation Said to Drop by 30% - San Francisco Chronicle
For some bankers, including a number in Asia, total pay will only drop by about 20 percent, said one of the people who declined to be identified because they weren't authorized to speak publicly. Securities firms are curbing remuneration for investment ...
Ivory Coast chief to sign defense pact with Paris - San Francisco Chronicle
France is encouraging the new president to take action so that peace and security are anchored in the country, an official close to Sarkozy said. The person requested anonymity because of a lack of authorization to speak publicly.
Ghizzoni Rights Offer Gamble Seen Winning Reprieve for UniCredit - San Francisco Chronicle
27, received preliminary indications that individual investors in Italy will subscribe to almost all the stock available, said two people briefed on the transaction who asked not to be identified because the matter isn't public.
Obama speech echoes in town with failed factory - San Francisco Chronicle
By ALAN SCHER ZAGIER, AP Jeff Roberson / AP A man who declined to be identified walks past a business with an American flag in the window Tuesday, Jan. 24, 2012, in Moberly, Mo. Many in this small town in central Missouri will watch the State of the ...
HSBC Said to Seek Buyer for Japan Retail-Banking Operations - San Francisco Chronicle
25 (Bloomberg) -- HSBC Holdings Plc, Europe's largest bank, is seeking buyers for its Japanese consumer banking unit four years after starting the business, said three people familiar with the matter. HSBC may sell HSBC Premier, the division that ...