Finance Chronicle Finance Blog

Archives for September, 2009

Britain’s finance minister Thursday urged the European Union to clamp down on bankers’ bonuses, after five of the country’s biggest banks signed up to new rules on payments.

A court says William J. Ruehle’s statements to company lawyers about an alleged option-backdating scheme are not protected by attorney-client privilege and can be admitted as evidence at his trial. Federal prosecutors won a key ruling Wednesday in their option-backdating case against Broadcom Corp.’s former finance chief.

The Senate Finance Committee pushed ahead Wednesday on a comprehensive health care bill.

The Senate Finance Committee pushed ahead Wednesday on a comprehensive health care bill. The panel hopes to finish the legislation by week’s end.

The Senate Finance Committee pushed ahead Wednesday on a comprehensive health care bill. The panel hopes to finish the legislation by week’s end. It then will be combined with a bill approved by the Senate Health, Education, Labor and Pensions Committee this past summer.

NEW YORK — Shares of some top finance companies were mixed at the close of trading: Bank of America fell $.24 or 1.4 percent, to $16.92. CIT Group fell $.99 or 45.0 percent, to $1.21.

Senate Finance Committee rejects an effort to further restrict abortion spending in the health care legislation.

Sept. 30 — U.S.

NEW YORK — Shares of some top finance companies are down at noon: Bank of America fell $.27 or 1.6 percent, to $16.89. CIT Group fell $.76 or 34.5 percent, to $1.44. Citigroup fell $.09 or 2.0 percent, to $4.61.

Triad – Scale Finance LLC announces its expansion in the Triad – Rendell Richards, a veteran CFO and owner of CFO Options, LLC, has joined forces with Scale Finance to lead the Triad team.