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Malaysian Pm Mahathir Says Government Accepted Resignation Of Central Bank Governor

KUALA LUMPUR – Malaysian Prime Minister Mahathir Mohamad said on Wednesday he had accepted the resignation of central bank governor Muhammad Ibrahim and would meet...

Outside Investors Rebuke Facebook Vote Structure Tallies Show

BOSTON – A wide majority of outside investors at Facebook Inc backed a measure that would revamp its voting structure and end the supervoting rights of shares held...

Microsoft Expands Program For Women Returning To Work

SAN FRANCISCO – Microsoft Corp (MSFT.O) is expanding a program designed to increase its hiring of women seeking to rejoin the workforce, following a rash of...

Troncs Top Shareholder Terminates Sale Of Stake To Mccormick Media

– Newspaper publisher Tronc Inc’s (TRNC.O) top shareholder said in a filing here on Wednesday that it had terminated the sale of a stake in the company after...

Finance Watchdog To Investigate British Bank Tsb Over It Outage

LONDON – British politicians on Wednesday criticised TSB boss Paul Pester for his handling of the bank’s ongoing IT problems and said the Financial Conduct...

Blackrock Promises Selective Fee Cuts To Capture Growth

NEW YORK – BlackRock Inc (BLK.N), the world’s largest asset manager, on Tuesday said it would continue to reduce fees on a small group of its products with...

Ubs Hires Solon Kentas To Lead Us Consumer And Retail Mampa

– UBS Group AG (UBSG.S) has appointed Solon Kentas, previously a managing director at Deutsche Bank AG (DBKGn.DE), to lead the Swiss bank’s U.S. consumer and...

Two Allergan Shareholders Call For Split Of Chairman-ceo Role

– Two of Allergan Plc’s (AGN.N) shareholders, hedge funds Appaloosa Management and Senator Investment Group, asked the drugmaker’s board to split the...

Microsoft Launches Program For Women Returning To Work

SAN FRANCISCO – Microsoft Corp is stepping up its hiring of women seeking to rejoin the workforce, following a rash of complaints about sexual harassment and...

Ex-state Street Executive Cheated Clients With Secret Fees Us Prosecutor

BOSTON – A former State Street Corp (STT.N) executive directed a fraudulent scheme to overcharge several of the bank’s clients, including Kuwait’s...