Keyword: banker

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  • Banker Suicides Return: JPMorgan Executive "Blasts Wife, Kills Self" With Shotgun

    07/10/2014 5:25:18 PM PDT · by Nachum · 31 replies
    Zero Hedge ^ | 7/10/14 | Tyler Durden
    With Russia and China having briefly taken over the hub of global executive suicides, the sad trend has returned back to America. In what appears to the 15th financial services executive suicide this year, yet another JPMorgan Director took his own life. As IBTimes reports, Jefferson Township (New Jersey) police report that the Global Network Operations Center Executive Director, "Julian Knott, age 45, shot his wife Alita Knott, age 47, multiple times and then took his own life with the same weapon." They are survived by 3 teenage children... As IB Times reports, JP Morgan executive director Julian Knott blasted...
  • Banker Death 'Epidemic' Spreads To China

    04/23/2014 7:18:16 PM PDT · by Nachum · 7 replies
    Zero Hedge ^ | 4/23/2014 | Tyler Durden
    Until now, the terrible trail of dead bankers has been only among US and European financial executives. However, as Caixin reports, the increasing pressures on the Chinese banking system appear to have take their first toll. Li Jianhua, director of China's Banking Regulatory Commission (CBRC), died this morning due to a "sudden heart attack" - he was less than 49 years old. Li was among the main drafters on new "caveat emptor" market-based rules on China's shadowy banking system and recently said in an interview that "now is not only a time to control risk, but to transform the trust...
  • BNP Banker, His Wife And Nephew Murdered In Belgium

    04/20/2014 7:56:06 AM PDT · by jsh3180 · 22 replies
    ZeroHedge ^ | 4/20/2014 | Tyler Durden
    In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders after the execution-style killing of the CEO of a bank in otherwise sleepy (and tax evasive) Lichtenstein by a disgruntled client. Then on Friday news hit of another execution-type murder in just as sleepy, if not so tax evasive, Belgium, where in the city of Vise, a 37-year-old Director at BNP Paribas Fortis was murdered alongside his wife and a 9 year old nephew in a premeditated and orchestrated drive-by shooting. L'venir reports: According to Marcel Neven, Mayor of Vise, nothing can...
  • Deutsche Bank-er Explains Why He Committed Suicide

    03/25/2014 3:42:15 PM PDT · by Nachum · 10 replies
    zero hedge ^ | 3/25/14 | tyler durden
    The dismal list of financial executive deaths has recently increased to 11 in the last few months. Speculation has surrounded many of these deaths (and suicides) as to the reasoning; none more than the first - William Broeksmit, an executive who worked in Deutsche Bank's risk function and advised senior leadership who hanged himself in his South Kensington home in late January. However, as the WSJ reports, we now know why this poor man felt compelled to take his own life: he was "anxious about various authorities investigating areas of the bank where he worked" (and yes, we are well...
  • 28-Year Old Former JPMorgan Banker Jumps To His Death, Latest In Series Of Recent Suicides

    03/18/2014 8:18:11 AM PDT · by Nachum · 27 replies
    Zero Hedge ^ | 3/18/14 | Tyler Durden
    Bellando, a former investment bank analyst at JPMorgan, is the son of John Bellando, chief operating officer and chief financial officer at Condé Nast. His brother, John, a top chief investment officer with JPMorgan, works on risk exposure valuations. Several John Bellando emails were cited during testimony at the Senate Finance Committee’s inquiry into the bank’s losses during the infamous London Whale trade fiasco. Kenneth Bellando — who grew up in Rockville Center, LI, and was a Georgetown graduate — worked as a summer analyst at JPMorgan while in school. Upon graduation in 2007, he was hired as an investment...
  • Another "Successful Banker" Found Dead

    02/24/2014 6:17:24 PM PST · by Nachum · 45 replies
    zero hedge ^ | 2/24/14 | tyler durden
      The dismal trail of dead bankers continues. As The Journal Star reports, a successful Lincoln businessman and member of a prominent local family died last week. Former National Bank of Commerce CEO James Stuart Jr. was found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say what caused the death. This brings the total of banker deaths in recent weeks to 9 as Stuart is sadly survived by three sons and four daughters.  Mr Stuart's background (via The Journal Star), Stuart was a native of Lincoln and graduated from the University of Nebraska-Lincoln with...
  • Second JPMorgan Banker Jumps To His Death: Said To Be 33 Year Old Hong Kong FX Trader

    02/18/2014 7:09:28 AM PST · by Nachum · 28 replies
    zero hedge ^ | 2/18/14 | Tyler Hedge
    The banker suicide wave that started in late January has now become an epidemic, and it seems to be focusing on one bank: JP Morgan. After the first suicide that took place in JPM's London headquarters, ending the life of 39 year old Gabriel Magee, a vice president in the investment bank’s technology department, next it was 37 year old Ryan Crane, an executive director in the firm's program trading division, who died under still unknown circumstances. Moments ago a third JPMorgan banker committed suicide, this time at the JPMorgan Charter House Asia headquarters in central Hong Kong, where a...
  • Another JPMorgan Banker Dies, 37 Year Old Executive Director Of Program Trading

    02/12/2014 9:39:11 AM PST · by Nachum · 82 replies
    zero hedge ^ | 2/12/14 | Tyler Durden
    Ordinarily we would ignore the news of another banker's death - after all these sad events happen all the time - if it wasn't for several contextual aspects of this most recent passage. First, the death in question, as reported by the Stamford Daily Voice is that of Ryan Henry Crane, a Harvard graduate, who is survived by his wife, son and parents at the very young age of 37. Second, Ryan Henry Crane was formerly employed by JPMorgan - a bank which was featured prominently in the news as recently as two weeks ago when another of its London-based...
  • Third prominent banker found dead in six days

    02/02/2014 5:35:11 PM PST · by Wisconsinlady · 26 replies
    Housingwire ^ | 01/31/14 | Trey Garrison
    Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday.
  • Valerie Jarrett: Fat Cat Banker

    06/05/2012 9:02:36 AM PDT · by Nachum · 11 replies
    Western Journalism Center ^ | 6/5/12 | Kris Zane
    Obama loves to demonize all the “fat cat” bankers jaunting around the globe in their corporate jets, eating caviar on their yachts. That stalwart of the middle class, that defender of “the little guy” Barry Obama dukes it out with those greedy Wall Street goons on a daily basis on our behalf and complains that we should be thanking him. Except the woman behind the man, Valerie Jarrett, just happened to be Director of the Federal Reserve Bank in Chicago from January 2006 until April 2007. She also just happened to resign from this job at about the same time...
  • Morgan Stanley banker pleads not guilty in cab driver assault (hate crime, theft)

    03/09/2012 5:25:15 PM PST · by Libloather · 4 replies
    Yahoo ^ | 3/09/12 | Michelle Conlin
    Morgan Stanley banker pleads not guilty in cab driver assaultBy Michelle Conlin | Reuters – 1 hr 15 mins ago STAMFORD, Connecticut (Reuters) - A senior Morgan Stanley banker pleaded not guilty on Friday to hate crime, theft and assault charges stemming from an incident last December that police say escalated from a dispute over a $200-plus cab fare to a knife attack on the driver. William Bryan Jennings, who had been co-head of North American fixed-income capital markets at the Wall Street bank until being put on leave following his arrest last month, entered "not guilty" pleas to each...
  • Ex-banker Quattrone arrested, faces criminal charges

    04/23/2003 7:55:43 AM PDT · by NormsRevenge · 11 replies · 213+ views
    CBS.Marketwatch.com via Yahoo! ^ | 4/23/03 | Luisa Beltran
    NEW YORK (CBS.MW) -- Former Credit Suisse First Boston star banker Frank Quattrone surrendered to federal authorities Wednesday morning and will face criminal charges, prosecutors said. James Comey, U.S. Attorney for the Southern District of New York, will unveil the charges at a 1 p.m. ET press conference. Quattrone, a former star banker for CSFB, allegedly advised his colleagues in late 2000 to destroy documents while regulators were investigating the ways Wall Street investment banks were doling out shares of lucrative initial public offerings. The former banker is charged in a three-count criminal complaint with obstruction of justice, document destruction...
  • Real IRA says it will target UK bankers

    09/15/2010 5:52:48 AM PDT · by rdl6989 · 7 replies · 1+ views
    Guardian.co.uk ^ | Sept 14, 2010 | Henry McDonald
    Banks and bankers are now potential targets for the Real IRA, leaders of the dissident republican terror group have warned in an exclusive interview with the Guardian. Despite having only 100 activists they also said that targets in England remained a high priority.
  • Is This Woman Too Hot To Be a Banker?

    06/05/2010 7:14:48 PM PDT · by Malone LaVeigh · 123 replies · 5,346+ views
    The Village Voice ^ | June 1, 2010 | Elizabeth Dwoskin
    Everything about Debrahlee Lorenzana is hot. Even her name sizzles. At five-foot-six and 125 pounds, with soft eyes and flawless bronze skin, she is J.Lo curves meets Jessica Simpson rack meets Audrey Hepburn elegance—a head-turning beauty. In many ways, the story of her life has been about getting attention from men—both the wanted and the unwanted kind. But when she got fired last summer from her job as a banker at a Citibank branch in Midtown—her bosses cited her work performance—she got even hotter. She sued Citigroup, claiming that she was fired solely because her bosses thought she was too...
  • Currency, conspiracy theories and foreign policy-making

    04/30/2010 7:12:05 AM PDT · by TigerLikesRooster · 1 replies · 150+ views
    Foreign Policy Blogs ^ | 04/16/10 | Henry Hoyle
    Currency, conspiracy theories and foreign policy-making By Henry Hoyle Friday, April 16 12:36 am EST Black helicopters, U.N. conspiracies and shadowy cabals of all-powerful financiers - this is the stuff that fixates in the feverish imagination of a certain segment of the American populace. "Currency Wars" In one of those wonders of globalization (and ideological indoctrination), those same shadowy cabals do double duty as the object of much Chinese paranoia. This is manifest in the tremendous sales of the book series “Currency Wars,” which indulges such delusions and gives them a veneer of academic respectability. The books’ author Song Hongbing...
  • ADL: Rush Limbaugh Reaches New Low With 'Borderline Anti-Semitic' Remarks About Jews

    01/21/2010 7:02:38 PM PST · by Pope Pius XII · 84 replies · 2,417+ views
    ADL ^ | January 21, 2010 | Abraham Foxman
    The Anti-Defamation League (ADL) said Rush Limbaugh reached a new low with "borderline anti-Semitic comments" on his radio show, in which he raised the possibility that liberal Jews were having "buyer's remorse" with President Obama in light of the outcome of the Senate election in Massachusetts. Limbaugh told his listeners: "To some people, banker is a code word for Jewish; and guess who Obama is assaulting? He's assaulting bankers. He's assaulting money people. And a lot of those people on Wall Street are Jewish. So I wonder if there's – if there's starting to be some buyer's remorse there." Abraham...
  • Miami banker gives $60 million of his own to employees

    02/16/2009 11:26:21 AM PST · by QenBirQeni · 19 replies · 909+ views
    Miami Herald ^ | 2009-02-14 | Martha Brannigan
    After selling a majority stake in Miami-based City National Bancshares last November, all he did was take $60 million of the proceeds -- $60 million out of his own pocket -- and hand it to his tellers, bookkeepers, clerks, everyone on the payroll. All 399 workers on the staff received bonuses, and he even tracked down 72 former employees so they could share in the windfall. For longtime employees, the bonus -- based on years of service -- amounted to tens of thousands of dollars, and in some cases, more than $100,000. At a time when financial titans are...
  • Bash Compactor: Getting Laid Off Is Still Getting Laid (laid-off bankers still get around)

    01/24/2009 6:13:18 AM PST · by TigerLikesRooster · 18 replies · 443+ views
    NY Press ^ | 01/23/09 | Matt Harvey
    Bash Compactor: Getting Laid Off Is Still Getting Laid The Fashion Meets Finance Party By Matt Harvey Broke bankers and struggling models mobbed the rooftop of the Empire Hotel last night for the latest installment of Fashion Meets Finance. A tipsy brunette on crutches was trying to put her Burberry coat on so she could leave, but guys wearing suits sans ties kept jostling her as they moved past. Struggling to anchor herself with the crutches she told me her deal. “I was running to work to get there on time when I fell. It’s not funny!” As the tiny...
  • Ex-subprime bank executive finances Obama

    10/29/2008 2:40:34 AM PDT · by Aussie Dasher · 4 replies · 812+ views
    Washington Times ^ | 29 October 2008 | Jerry Seper
    John W. Courtney's world collapsed at dinnertime on a Friday in July 2001. That's when he learned from a television newscast that much of the $200,000 that he had saved from his construction job over a 30-year period was lost when his Chicago-area bank was shut down after pursuing a failed strategy of subprime loans. Seven years later, the Vietnam War veteran has yet to recoup $85,000 of his uninsured losses from Superior Bank's failure. And he watches in disbelief as one of the bank's former top officials, billionaire hotel heiress Penny Pritzker, leads the record-breaking fundraising machine of Democratic...
  • The fatal banker’s fall

    10/02/2008 3:11:04 AM PDT · by TigerLikesRooster · 10 replies · 724+ views
    FT ^ | 10/01/08 | John Gapper
    The fatal banker’s fall By John Gapper Published: October 1 2008 18:45 | Last updated: October 1 2008 18:45 Bankers have never been popular, but Washington’s rejection of the $700bn bail-out for banks on Monday recalled the odium that attached to them in the Great Depression. Americans rightly wonder why their taxes should be used to rescue bankers from their folly. In the 1930s, bankers were called “banksters” – to rhyme with “gangsters” – as a result of 1920s swindles such as the sale to small investors of Peruvian bonds that became worthless. It is odd, as well as infuriating,...
  • How much do you earn, Mr. banker?

    05/17/2007 12:29:24 AM PDT · by eastern · 448+ views
    Russia-InfoCentre ^ | May 16, 2007 | Olga Pletneva
    Russia appeared to be a real El Dorado for foreign bankers: according to Bloomberg Agency, the amount of money they earn exceeds that of their colleagues working in the USA several times, up to US$7 million a year. The Agency takes as examples Ed Kaufman, who left UBS, financial services company, to head Russian Alfa Bank, and Nicholas Jordan, who is going to manage the Moscow department of Lehman Brothers Holdings Inc. New York top managers of the same level earn on average $2-3 million a year and it is interesting that bonuses make the biggest part of their income.
  • French have attitude problem says New Yorker

    02/15/2007 12:59:19 PM PST · by george76 · 52 replies · 1,577+ views
    Financial Times ^ | February 14 2007 | Joe Perella
    Paris is less attractive for international financial companies than London partly because of French attitudes to business, according to a leading US investment banker. “London made it very attractive for people to come there and work there, and I think in France, quite frankly, attitudes exist that cause people to shy away from that part of the world in terms of being a financial centre,” ... Mr Perella pointed to concerns about “raids” on international companies by the French tax authorities. “There have been a lot of stories ...of raids into people’s homes and offices to seize their computers to...
  • The Madness of King George (Soros, The Moonbat's Banker)

    02/07/2007 6:39:05 AM PST · by Rodney Kings Brain · 22 replies · 586+ views
    Frontpage Magazine ^ | February 7th, 2007 | Jacob Laksin
    If putting one’s foot in one’s mouth were a lucrative enterprise, George Soros would be worth far more than his current $8.5 billion. While bashing the Iraq war for the benefit of reporters at this year’s World Economic Forum in Davos, Switzerland, the Hungarian-born Soros, himself a Holocaust survivor, unburdened himself of the view that the Nazis were once more in charge. Only now they were running the United States. “America needs to follow the policies it has introduced in Germany,” Soros explained. “We have to go through a certain de-Nazification process.” Lest there be doubts that Soros was actually...
  • Reports: British banker found dead (Enron)

    07/12/2006 11:07:47 AM PDT · by aynrandfreak · 29 replies · 1,247+ views
    ap via yahoo ^ | 07/12/06
    The Metropolitan Police said a man's body was found Tuesday in a park in east London, but declined to identify him. The force said the death was being treated as unexplained, and homicide officers were investigating. The British Broadcasting Corp. and other outlets identified the dead man as a senior banker with the Royal Bank of Scotland who had been questioned by the FBI in the case of three British bankers facing Enron-related fraud charges. The FBI said it would not comment on any aspect of the case.
  • New York Banker Helps Rebuild Iraq Infrastructure

    03/23/2006 4:35:13 PM PST · by SandRat · 4 replies · 287+ views
    Defend America News ^ | Sgt. Waine D. Haley
    U.S. Army 1st Lt. Peter Hegseth New York Banker Helps Rebuild Iraq Infrastructure By Sgt. Waine D. Haley 133rd Mobile Public Affairs Detachment SAMARRA, Iraq, March 23, 2006 — A New York City banker steps into the Army’s Civil Affairs world to help stabilize and rebuild Samarra’s infrastructure. A member of the New Jersey National Guard, 1st Lt. Peter Hegseth is now serving as the assistant civil affairs officer, 3 rd Battalion, 187th Infantry Regiment, known as the Iron Rakkasans of the 101st Airborne Division in Iraq. As a civil affairs officer stationed at Forward Operation Base Brassfield-Mora, he...
  • Male ego could stop men from seeking help for mental illness, doctor says

    01/25/2006 11:37:43 PM PST · by Kay · 25 replies · 2,132+ views
    6NEWS ^ | Wednesday, January 25, 2006 | TIFFANI HELBERG
    Millions of men hide behind the dark cloud of depression and it could allow the problem to snowball out of control, according to then National Institute of Mental Health. Mental health experts also said men are less likely than women to seek help with their problem. A man accused of murdering his twin daughters is behind bars at a maximum security prison under suicide watch. David Crespi was moved to Central Prison in Raleigh Monday. That move cancelled his two court appearances scheduled in Charlotte. Now 6NEWS heard from Crespi's family that he had been suffering from depression and mental...
  • Designing the world's worst mortgage

    07/25/2005 10:43:25 AM PDT · by hripka · 53 replies · 3,561+ views
    Bankrate.com ^ | July 25, 2005 | Greg McBride
    I have tried to devise the absolute worst mortgage loan that I can imagine. Fortunately, this loan is nothing more than a figment of my imagination -- at least, as far as I know. But take a cynical guy like me with a looming deadline and this is what you get. This fictional loan would contain many of the elements that appeal to borrowers hemmed in by affordability. Like today's option, adjustable-rate mortgages, borrowers would be able to choose an interest-only payment or even a minimum-payment option. While the borrower is lured by the minimum payment, what results is a...
  • Extra Service Banking ? (Banker Ambushes Wrong Jogger)

    05/28/2005 4:40:26 AM PDT · by genefromjersey · 7 replies · 781+ views
    NY DAILY NEWS ^ | 05/28/05 | vanity
    A Jersey City man,who is employed by a NYC bank,may have been trying to offer a whole new level of personal service when he (allegedly) lay in ambush,near a jogging trail,wearing only a condom. Unfortunately,this "experiment in personalized service" came to an abrupt conclusion,after the female jogger he approached turned out to be an off-duty police officer. Click the link for further details,please.
  • Accused terror banker slips out of Australia

    01/31/2004 9:29:15 PM PST · by piasa · 6 replies · 305+ views
    Herald Sun (Australia) ^ | January 30, 2004 | Michael McKenna, Mark Dunn and Ian McPhedran
    AN accused terrorism financier arrested in the US last week had just returned from a trip to Australia where he is believed to have a child. But in a security blunder, the arrest took Australia's intelligence agencies, who were unaware the man was in Australia, by complete surprise. Omar Abdi Mohamed, 41, is being investigated after allegedly receiving $454,866 from a group accused by US authorities of direct links to al-Qaida. But Australian authorities were not told of any terrorist concerns surrounding Mr Mohamed before his most recent trip to Australia, which ended only last month. "Obviously this person would...
  • THE MYSTERIOUS ACHMED HUBER: FRIEND TO HITLER, ALLAH . . . AND BIN LADEN? - Islam/Nazi link

    01/05/2004 3:44:32 AM PST · by highlander_UW · 29 replies · 4,914+ views
    InterActivist Info Exchange ^ | April/May 2002 | Kevin Coogan
    THE MYSTERIOUS ACHMED HUBER: FRIEND TO HITLER, ALLAH . . . AND BIN LADEN? On November 7, 2001, the U.S government's Office of the Coordinator of Counterterrorism issued a list of some 62 organizations and individuals suspected of involvement in terrorist organizations, and in particular with Osama bin-Laden's Al Qaeda network. Number 56 on the list was Achmed Albert Friedrich Armand Huber, a former Swiss journalist with close ties both to Islamic fundamentalists and far-right extremists. A longtime convert to Islam, the 74-year-old Huber was cited by the government for his presence on the five-man managing committee of Nada Management,...
  • Banker helped Saddam hide millions

    04/14/2003 3:05:40 PM PDT · by knighthawk · 16 replies · 288+ views
    AFP | April 14 2003
    LONDON - A retired banker living in Switzerland spent 10 years helping Iraqi President Saddam Hussein hide millions of dollars via a bank account under the name of Satan, Britain's Sunday Times reported. Elio Borradori, 75, funnelled millions of dollars in "commissions" and "consultancy fees" into companies controlled by Saddam's appointees, operating through Panama, the Bahamas and Switzerland, according to the report. US officials estimate Saddam channelled between four and seven billion pounds (6.3 and 11 billion dollars, 4.9 and 10.2 billion euros) into accounts around the world, which must now be tracked down. Downing Street has estimated Saddam's riches...