SunTrust Fires 3 Finance Execs
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SunTrust Banks Inc. STI.N, a large  U.S. southeast regional bank, on Wednesday said it fired three  finance executives, including its chief credit officer, after  uncovering problems in how it accounted for bad loans.
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New Century Financial fired its chief executive and an executive vice president and named its chief restructuring officer to the post of chief executive.
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Business & money: Three lenders pull 'irresponsible' mortgages after Northern Rock comes under fire over similar deals
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The chief executive and chief finance officer of America&#39;s second-largest financial institution, mortgage provider Fannie Mae, have stepped down following a row over accounting irregularities.
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NEW YORK -- Citigroup Inc.. the financial services giant, confirmed on Wednesday that it was removing three senior executives in the wake of a banking scandal in Japan.
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SunTrust Banks Inc. , the No. 7 U.S. bank, on Monday said it put two senior finance executives on paid leave, and expects to restate first- and second-quarter profit higher as it fixes errors in how it accounts for loan losses.
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A special committee of independent directors at building products manufacturer Royal Group Technologies Ltd. (Woodbridge, ON) has fired president and CEO Douglas Dunsmuir and senior vice-president and CFO
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CBS has fired four executives after the release of an independent investigation into its debunked National Guard story.
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SunTrust Banks Inc. has fired its chief credit officer, Sandra W. Jansky, and two others in its credit division after an investigation found errors in its calculation of auto loan default reserves, the company said Wednesday.
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Citigroup Inc., the financial services giant, said yesterday that it was removing three senior executives in the wake of a banking scandal in Japan.
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The turnover at Fannie Mae continued as three more executives who shared responsibility for the mortgage-funding company's accounting stepped down late last week.
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SunTrust Banks Inc. on Monday said it put two senior finance executives on paid leave, and expects to restate first and second-quarter profit higher as it fixes errors in how it accounts for loan losses.
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U.S. mortgage finance giant Fannie Mae  confirmed late on Tuesday that embattled Chief Executive Franklin Raines and Chief Financial Officer Timothy Howard were stepping down after accounting errors that are expected to force a massive earnings restatement.
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Two senior executives at Fannie Mae, the giant US mortgage provider, have resigned in the wake of criticisms over accounting irregularities.
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SunTrust Banks Inc. STI.N on Monday  said it put two senior finance executives on paid leave, and  expects to restate first- and second-quarter profit higher as  it fixes errors in how it accounts for loan losses.
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Description: Two top executives at Fannie Mae are forced out of their jobs following questions over accounting irregularities. Fannie Mae CEO Franklin Raines and Chief Financial Officer Timothy Howard stepped
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Officials at SunTrust Banks Inc. fired three finance executives and reassigned the company controller after concluding that there were ânumerous errorsâ in the loan loss-allowance calculations for the first two quarters.