Forum Post: ***Latest Resignations From World Banks and Government

GOVERNMENT RESIGNATIONS

2/6/12

Romanian prime minister and cabinet resign en masse

http://www.guardian.co.uk/world/2012/feb/06/romania-pm-cabinet-resign

2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges)

http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html

RESIGNATIONS FROM WORLD BANKS:

(1) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis

http://www.dailymail.co.uk/news/article-2041385/Oswald-Gruebel-resigns-UBS-boss-steps-Kweku-Adoboli-trading-scandal.html

(2) 10/29/11 (CHINA) Resignations Suggest Shift for China’s Banks

http://online.wsj.com/article/SB10001424052970203687504577003734190522426.html

(3) 11/01/12 (INDIA) More directors of the Beed district bank resign

http://www.thenews.coop/article/more-directors-beed-district-bank-resign

(4) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign

http://www.bloomberg.com/news/2011-11-22/ubs-s-japan-investment-banking-chairman-yasuki-matsui-to-resign.html

(5) 11/29/11 (Iran) Iran’s Bank Melli CEO Resigns Over Loan Scam

http://www.dailymotion.com/video/xlcznz_iran-s-bank-melli-ceo-resigns-over-loan-scam_news

(6) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank]

http://www.reuters.com/article/2011/12/15/coutts-fleming-idUSL6E7NF23S20111215

(7) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down

http://dealbook.nytimes.com/2011/12/22/socgens-investment-banking-chief-steps-down/

(8) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down

http://www.ftadviser.com/2012/01/05/ifa-industry/people/saunderson-house-chief-executive-steps-down-M0vEWlpbSqKA3OCLZDCcGM/article.html

(9)1/09/12 (SWITZERLAND) Switzerland’s central bank chief resigns

http://www.aljazeera.com/news/europe/2012/01/201219145612935171.html

(10) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits

http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/

(11) 1/19/12 (SPAIN) Spanish bank Santander’s Americas chief quits

http://www.expatica.com/es/news/spanish-news/spanish-bank-santander-s-americas-chief-quits_202395.html

(12) 1/20/12 (JAPAN) Normura’s head of wholesale banking quits

http://www.euromoney.com/Article/2959021/Nomuras-head-of-wholesale-banking-quits.html

(13) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September

http://www.bloomberg.com/news/2012-01-29/new-zealand-reserve-bank-governor-alan-bollard-to-step-down-in-september.html

(14) 1/21/12 (Greece) Banks’ top negotiator quits Greece, but talks go on

http://www.france24.com/en/20120121-banks-top-negotiator-quits-greece-but-talks-go

(15) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:

http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html

(16) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank

http://articles.economictimes.indiatimes.com/2012-02-07/news/31031134_1_kotak-mahindra-bank-falguni-nayar-shanti-ekambaram

(17) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don’t believe until its denied?)

http://finance.yahoo.com/news/iran-denies-central-bank-resignation-164154294.html

(18) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal

http://articles.businessinsider.com/2012-02-09/europe/31040509_1_anti-money-laundering-law-vatican-finances-italian-tv

(19) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns

http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/

(20) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns

http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html

(21) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns

http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html

(22) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank

http://www.socialenterpriselive.com/section/news/people/20120214/social-finance-pioneer-hayday-steps-down-charity-bank

(23) 2/15/12 World Bank CEO Zoellick resigns

http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/

Did the White House tell the World Bank president that he’s out?

http://bosco.foreignpolicy.com/posts/2012/02/15/did_the_white_house_tell_the_world_bank_president_that_hes_out

(24) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO’s (2) resign

http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html

(25) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign

http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign

(26) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group

http://business.thinkghana.com/pages/finance/201202/57429.php

(27) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits

http://webcache.googleusercontent.com/search?q=cache:ZVfFZypqVIcJ:www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us

(28) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns

http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill

(29) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns

http://www.theaustralian.com.au/business/wall-street-journal/andrew-chick-to-lead-royal-bank-of-scotlands-australian-arm/story-fnay3vxj-1226272513981

(30) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer

http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/

(31) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/national/18-Feb-2012/ajk-bank-s-executive-steps-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+pakistan-news-newspaper-daily-english-online%2F24hours-news+%28The+Nation+%3A+Latest+News%29

(32) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down

http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711

(33) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns

http://www.businessweek.com/news/2012-02-20/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html

(34) 2/10/12 (KOREA) Korea Exchange Bank chief steps down

http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML