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Goldman Sachs, Bank of America shareholders reject plan to split CEO, chair roles

Goldman Sachsand Bank of America shareholders voted against proposals to divide the CEO and chairman roles at both banks on Wednesday, bucking pressure from influential proxy advisers to bolster corporate governance. ....

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Janet Yellen thinks the job market picture is just peachy

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Big-bank CEOs warn of recession risk

The chances of an economic slowdown are rising as the Federal Reserve is poised to take further steps to tame inflation, say the heads of JPMorgan Chase, Bank of America and Morgan Stanley. ....

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Big-bank CEOs warn of recession risk

The chances of an economic slowdown are rising as the Federal Reserve is poised to take further steps to tame inflation, say the heads of JPMorgan Chase, Bank of America and Morgan Stanley. ....

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In 2008, he was CEO of the biggest bank to ever fail. He's worried about another crisis


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(CNN) The banking world nearly caved in 13 years ago. The former CEO of Washington Mutual is worried that another bubble is brewing.
Kerry Killinger was named CEO of WaMu in 1990 and was fired in September 2008 just weeks before the bank failed as a growing number of mortgage loans went bad.
WaMu was one of several top financial firms to collapse during the financial crisis last decade, but the giant savings and loan with more than $300 billion in assets still ranks as the biggest-ever bank failure. WaMu was seized by regulators in September 2008 and sold to JPMorgan Chase for a fire-sale price of $1.9 billion. ....

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