Sentences with phrase «executives at another large bank»

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The bank said Thursday that Victor Dodig, 49, will take over the helm at CIBC, Canada's fifth - largest bank, on Sept. 15, when chief executive Gerry McCaughey retires.

It's the first time an executive at the nation's second - largest bank has publicly laid out how it will deal with gun - industry clients following Feb. 14 shootings at a high school in Parkland, Florida, that left 17 people dead.

Previously he served as Chief of Staff to the Governor of Delaware and was an Executive Vice President at MBNA Corporation, the nation's second largest credit card issuer (now part of Bank of America).

They hold less than 20 percent of the top roles on Wall Street and some of the largest banks have barely any women executives at all: Citigroup has none and JP Morgan and Morgan Stanley have just one each.

The bank's board also clawed back another $ 75 million in pay from two former executives, CEO John Stumpf and community bank executive Carrie Tolstedt, saying both executives dragged their feet for years regarding problems at the second - largest U.S. bank.

Authorities in Venezuela say they've arrested 11 executives at the country's largest private bank in an ongoing criminal takedown.

«I doubt there will be a mass migration overnight, but my guess is in 5, if not 10 years, London will be down quite a lot,» said one executive at a large U.S. bank, who asked not to be named because he is not authorised to speak to the press.

Canada's housing market is 10 % overvalued, with the biggest risks in condominium overbuilding and uncertainty over how many investors are buying, but the risk of a U.S. - style collapse is low, a top executive at Canada's second largest bank said on Monday.

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Previously, Mr. Breitkopf was an executive at Commercial Bank of New York and was Vice President of Acquisitions and Finance for a large Manhattan real estate owner / operator of over 3,000,000 square feet of office and retail properties in the NYC area.

Senior executives at two of Canada's largest banks acknowledged that there is a need to shore up the country's underwriting standards, and suggested OSFI's concern over appraisals is the start of that process.