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  1. 03-22-2012, 03:42 AM #1
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    Worldwide Banking Resignations Triple According to Revised Numbers: Why Now?

    Worldwide Banking Resignations Triple According to Revised Numbers: Why Now? Tuesday, March 20, 2012Brandon TurbevilleOn March 6, 2012, I wrote an article entitled “Mass Banking Resignations Signal A Purging Has Begun?” where I included a list of banking directors, CEOs, and board members of both national and international financial institutions standing who have resigned from their post since September 2011. The data was collected and compiled by independent blog American Kabuki and posted online complete with a description of the individual, location, and link to the resignation announcement where it was covered in the mainstream media.At the time my article was posted, the list had already topped 122. This prompted many, including myself, to question whether or not 122 was actually such a large number, given that there are many national and international institutions across the globe, as well as the fact that these resignations took place within a span of a period of about five months.Certainly, the number seemed enormous. Apparently American Kabuki had the same questions. Only a few weeks after the initial posting, the blogger posted a chart that included the number of resignations filed with the SEC, as required by the Securities Exchange Act of 1934, going back to 2008 and in to the fourth quarter of 2011. Tracing the resignations back to 2008 would, obviously, provide something close to a representative sample of the normal rate of resignation over a period of three years.What these statistics revealed was a staggering increase in the number of resignations announced around the second and third quarters of 2011. I included this chart, along with some commentary, in my article “Why Are Bankers Jumping Ship In Record Numbers, Financial Collapse Imminent?” Please see this article in order to understand the specifics of the statistics presented by American Kabuki’s research. Or, view American Kabuki’s own presentation here. However, chart or no chart, the recently revised number regarding resignations from financial firms, banks, etc. seems to put many of the questions to rest.Indeed, a recent post by American Kabuki now shows that the number of resignations stand at 358, almost triple the number originally posted.The revised list of resignations will be included at the end of this article along with the links to the announcements.With all of this in mind, and, if the research provided by American Kabuki is correct, then the only question really left for us to ask is “Why?”Why are so many bankers, CEOs, fund managers, and investors resigning all at once? Why now?One might be tempted to ask whether or not there is a coming investigation that these individuals are trying to avoid but, given the track record of the regulatory system, this is not our most likely option. Considering the current state of the economy, it might seem more logical to ask if these individuals are not trying to abandon ship before the collapse of the world financial system finally takes place.Or it could be something entirely different. At this point, we simply do not know. Regardless, something big is obviously happening in the financial world and the forces behind it are acting on information that the general public is unaware of.
    List of resignations as compiled by American Kabuki:
    1. 9/01/11 (USA NY) Bank of New York Mellon Chief Robert P. Kelly Resigns in a Shake-UPhttp://goo.gl/NdW7q
    2. 9/06/11 (BELGIUM) Dexia confirmed that its CEO Stefaan Decraene had left the company. Its exposures to sovereign debt in the PIIGS nations are larger than its core Tier 1 capital.http://goo.gl/vuhvd
    3. 9/09/11 (GERMANY) European Central Bank (ECB) governing board member Jürgen Stark, who has resignedhttp://goo.gl/t83S4
    4. 9/12/11 (HONG KONG) HSBC Group Hang Seng Bank Non-Executive Director Mark McCombe resignshttp://goo.gl/mCTgi
    5. 9/14/11 (USA NJ) Columbia Bank CEO Raymond G. Hallock Announces Retirementhttp://goo.gl/UjUZY
    6. 9/14/11 (NEW ZELAND) AMP NZ Office Limited (ANZO), Mark Verbiest has resigned as a director. His resignation arises due to his desire to devote the necessary time and energy to his prospective new role as Chairman of Telecom, assuming the Telecom demerger is sanctioned by Telecom shareholders.http://goo.gl/LjSI0
    7. 9/15/11 (USA NY) Morgan Stanley, Chairman John Mack resignshttp://goo.gl/jWWv7
    8. 9/18/11 (JORDAN) Central Bank governor Faris Sharaf resigns over policy http://goo.gl/8yU5N
    9. 9/20/11 (SCOTLAND) SCOTTISH WIDOWS (RETIREMENT INVESTMENT SAVINGS FUND) There could be no Scottish representative on the board of Lloyds Banking Group, owner of Bank of Scotland, in future after it announced the departure of Lord Sandy Leitch, the chairman of Scottish Widows and group deputy chairman.http://goo.gl/Dx8qs
    10. 9/21/11 (AUSTRALIA & NZ) JP Morgan Australia and New Zealand Worldwide Securities Services CEO Jane Perry resignedhttp://goo.gl/Qx0Va
    11. 9/25/11 (SWITZERLAND) UBS CEO Oswald Gruebel quits over £1.5bn rogue trader crisishttp://goo.gl/WCeqB
    12. 9/25/11 (USA CA) Douglas E. Tow, Executive Vice President and Chief Credit Officer, will retire from the Company http://goo.gl/24aAU
    13. 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012http://goo.gl/7dNiD
    14. 9/29/11 (JAPAN) BLIFE Investment Corporation, Asset Manager Director Masaomi Yamadaira resigned.http://goo.gl/Vsmk3
    15. 9/29/11 (UK) Barclays, Head of UK & European Retail Banking Deanna Oppenheimer resigned.http://goo.gl/o63jO
    16. 9/29/11 (USA NM) New Mexico Pension Fund Director Terry Slattery Resignshttp://goo.gl/BzLn4
    17. 9/30/11 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Ms Tang Buck Kiau resigned.http://goo.gl/VGxjv
    18. 10/01/11 (USA MO) Federal Reserve Bank of Kansas City President Thomas M. Hoenig retired on Oct. 1, 2011http://goo.gl/B8WK7
    19. 10/03/11 (INDIA) The of Euram Bank Asia, president Arun Panchariya, has resigned after being implicated in a stock trading scandal in India. http://goo.gl/yh2bF
    20. 10/03/11 (GHANA) Intercontinental Bank Ghana Limited, Managing Director and CEO Albert Mmegwa resigned.http://goo.gl/Vc252
    21. 10/03/11 (USA FL) Quantek Opportunity Fund, portfolio manager Javier Guerra. Arbitration awarded $1 million damages to Aris Multi-Strategy Fund. Quantek Asset Management made false statements to Aris.http://goo.gl/udpBA
    22. 10/05/11 (UK) UBS co-chief François Gouws of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.http://goo.gl/OuUjr
    23. 10/05/11 (UK) UBS co-chief Yassine Bouhara of global equities had resigned after last month’s revelation of a $2.3 billion loss from unauthorized trading.http://goo.gl/OuUjr
    24. 10/10/11 (BELGIUM) Dexia (Franco-Belgian bank) its chairman Jean-Luc Dehaene will give up his role on the board of Dexia's Belgian division, which is being sold to the Belgian state as part of a rescue deal, the group said on Monday.http://goo.gl/vyldE
    25. 10/11/11 (UK) BlackRock, head of sterling portfolios and manager of the Corporate Bond fund, Paul Shuttleworth, has resigned after 11 years at the firm.http://goo.gl/FMBjw
    26. 10/11/11 (UK) Dynamic Funds, portfolio manager David Taylor has resigned. http://goo.gl/GZCt5
    27. 10/11/11 (CHINA) China Construction Bank Non-Executive Direct Sue Yang resigns for personal reasons.http://goo.gl/ip8Un
    28. 10/13/11 (UK) Cogent Partners co-head research department Katita Palamar resigned.http://goo.gl/TVLWO
    29. 10/13/11 (UK) Cogent Partners co-head research department Bill Farrell resigned.http://goo.gl/TVLWO
    30. 10/14/11 (USA TX) Deutsche Bank Investment Advisor Griffin Perry resigns, SEC regulations prevented him from campaigning for his father Rick Perry's Presidential campaign.http://goo.gl/R0PgH
    31. 10/23/11 (USA) Fairholme Capital Management LLC, Director Charles Fernandez stepped down for personal reasons. Fairholme Fund has lost 26 percent of its net asset value due to bets that have backfired on AIG Inc, Bank of America Corp and Florida-based landowner and developer St Joe Co.http://goo.gl/vzTbY
    32. 10/24/11 (ICELAND) Icelandic State Financial Investments board members of Icelandic State Financial Investments have resigned following “outside interference” with their Sept. 30 decision to hire Pall Magnusson, the former political adviser to the island’s industry minister, as chief executive officer. [names and positions have been requested from the reporter on 3/9/12]http://goo.gl/lEpz2
    33. 10/24/11 (SINGAPORE) Keppel Corporation Limited, Teo Soon Hoe will resign from his role as group finance director Jan 1.http://goo.gl/l90be
    34. 10/26/11 (INDIA) Beed District Bank (Coop Bank) CEO B S Deshmukh arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.http://goo.gl/CXL7Z
    35. 10/26/11 (INDIA) Beed District Bank (Coop Bank) former CEO A N Kulkarni arrested for embezzling Maharashtra State Electricity Distribution Company Ltd payment deposits.http://goo.gl/CXL7Z
    36. 10/27/11 (USA NY) Keefe, Bruyette & Woods Inc (KBW) CEO John Duffy stepped aside. Duffy has prostate cancer.http://goo.gl/i1s3E
    37. 10/29/11 (CHINA) China Construction Bank Corp Chairman Guo Shuqing resignshttp://goo.gl/fdd9v
    38. 10/29/11 (CHINA) Agricultural Bank of China Ltd Chairman Xiang Junbo resignshttp://goo.gl/yWX9R
    39. 10/31/11 (EUROPEAN COMMUNITY) European Central Bank President Jean-Claude Trichet, resigns. http://goo.gl/ygG59
    40. 11/01/11 (INDIA) Beed District Bank (Coop Bank More directors resign [research still being conducted on the names]http://goo.gl/HD8BQ
    41. 11/02/11 (UK) Lloyds Banking Group chief executive, António Horta-Osório, is to take leave of absence on health grounds for six to eight weeks, the BBC has reported. (STILL OUT AS OF 2/24/12 - DEFACTO RESIGNATION)http://goo.gl/3L9gE
    42. 11/03/11 (POLAND) Nordea Bank Poland, Wlodzimierz Kicinski resigned from as President of the Management Board of Nordea Bank Poland as of the 10th of November.http://goo.gl/oKUVZ
    43. 11/04/11 (USA NY) MF Global, Jon Corzine, stepped down as chairman and CEO, hired criminal attorney to represent him.http://goo.gl/tUaVY
    44. 11/07/11 (SINGAPORE) Singapore Mercantile Exchange (SMX), CEO Framroze Pochara quits. http://goo.gl/eum87
    45. 11/08/11 (SINGAPORE) The Singapore Fund, Inc, Austin C. Dowling has resigned as Director of the Fundhttp://goo.gl/bCUhI
    46. 11/09/11 (USA NY) HSBC Israeli desk, managing director Issac Doueck resigned.http://goo.gl/zuCJE
    47. 11/09/11 (ISRAEL) HSBC Israeli desk, senior representative Simon Hakim resigned.http://goo.gl/zuCJE
    48. 11/09/11 (SWITZERLAND) HSBC Israeli desk, head of Israel Dan Sagi resigned.http://goo.gl/zuCJE
    49. 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.http://goo.gl/zuCJE
    50. 11/09/11 (USA NY) HSBC Israeli desk, ????? resigned.http://goo.gl/zuCJE
    51. 11/10/11 (EUROPEAN COMMUNITY) European Central Bank Lorenzo Bini Smaghi resigned from the European Central Bank’s Executive Board.http://goo.gl/Invjc
    52. 11/11/11 (HONG KONG) Goldman Sachs' Asia Pacific co-head Yusuf Alireza is retiring from the investment bank after 19 yearshttp://goo.gl/pejs3
    53. 11/10/11 (INDIA) UBS The head of India operations at UBS AG , Manisha Girotra, has resignedhttp://goo.gl/3aTh2
    54. 11/15/11 (USA NY) Icahn Enterprises LP, senior managing director of health-care investing, Alex Denner, has resigned.http://goo.gl/X1A4i
    55. 11/16/11 (EUROPEAN COMMUNITY) International Monetary Fund Europe, director Antonio Borges resigns for personal reasons.http://goo.gl/55CqZ
    56. 11/17/11 (NETHERLANDS) Syntrus Achmea (pensions manager), CIO Marjolein Sol is resigning. http://goo.gl/Xqxsr
    57. 11/18/11 (SCOTLAND) Scottish Widows Investment Partnership Limited (SWIP) Private Equity Fund, wish to announce the resignation of John Brett from the Board of Directors of the Company, for business reasons.http://goo.gl/MLsp8
    58. 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resignhttp://goo.gl/OiDiq
    59. 11/23/12 (USA SC & NC) Bank of the Carolinas, CFO Eric Rhodes resigns for personal reasons. Bank of the Carolinas was delisted from the NASDAQ on 3/9/12http://goo.gl/oytcD
    60. 11/24/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Simon Vanstone resigns.http://goo.gl/x5Fl6
    61. 11/28/11 (LATVIA) Latvia’s chief banking regulator, Irena Krumane, said she resigned today, a week after the state took over Latvijas Krajbanka AS (LKB1R), the Baltic News Service reported. The bank regulator suspended operations at Krajbanka, a subsidiary of Lithuania’s Bankas Snoras AB, on Nov. 21 and said around 100 million lati ($191.8 million) was missing. The Lithuanian government seized Snoras on Nov. 16 saying assets reported on the lender’s balance sheet were missing.http://goo.gl/mUvLF
    62. 11/29/11 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorp. and Seneca National Bankhttp://goo.gl/XncOc
    63. 11/29/11 (NORWAY) Carnegie ASA’s co-head of investment banking in Norway, Cato Holmsen, has resigned http://goo.gl/utIfy
    64. 11/29/11 (FRANCE) AXA Real Estate Investment Managers, Global head of business development, strategy and research for Kiran Patel, has handed in his resignation. Patel was with the firm for 11 years.http://goo.gl/iGjB6
    65. 11/30/11 (LITHUANIA) Lithuania Central Bank, Governor Vitas Vasiliauskas fired Kazimieras Ramonas, head of the banking supervision department, after seizing Bankas Snoras AB, the country’s third-biggest deposit bank.http://goo.gl/EiqUC
    66. 12/01/11 (SRI LANKA) Sri Lanka's Securities and Exchange Commission (SEC) head Indrani Sugathadasa resigned. http://goo.gl/6qzny
    67. 12/02/11 (PAKISTAN) NIB Bank, Singapore forced resignation of CEO Khawaja Iqbal Hassan, for mismanagementhttp://goo.gl/ojDcu
    68. 12/03/11 (USA SC) South Carolina's $25 billion pension fund chief investor Robert Borden resigned. Borden's resignation comes as the SC Retirement System faces a $13 billion deficit, prompting state lawmakers to call for a massive overhaul of the system.http://goo.gl/ypK2G
    69. 12/05/11 (BERMUDA) HSBC Bermuda Ltd, chairman of the board and director John Campbell resigns http://goo.gl/peFGD
    70. 12/05/11 (BERMUDA) HSBC Bermuda Ltd, CEO Philip Butterfield retires http://goo.gl/peFGD
    71. 12/06/11 (USA ) Western Liberty Bancorp CFO George Rosenbaum has resigned. http://goo.gl/ozuwB
    72. 12/08/11 (USA) Fidelity Global Special Situations Fund, manager Jorma Korhonen resigned.http://goo.gl/a7Rhw
    73. 12/08/11 (INDIA) Nomura's co-head of equity-linked solutions Neeraj Hora, resignshttp://goo.gl/WYcjR
    74. 12/14/11 (MAURITIUS) African Alliance Africa Pioneer Fund I (the "Fund"), Portfolio Manager Paul David Austin Clark resignedhttp://goo.gl/YiagF
    75. 12/14/11 (USA NY) Goldman Sachs global head Milton R. Berlinski retiring at the end of the yearhttp://goo.gl/Xj0l4
    76. 12/15/11 (UK) Coutts [private bank] Senior private banker James Fleming resignshttp://goo.gl/ANN5B
    77. 12/19/11 (CANADA) Holloway Lodging Real Estate Investment Trust (a REIT) CEO Glenn Squires has resignedhttp://goo.gl/8rAKb
    78. 12/19/11 (JAPAN) Citibank Japan CEO, Darren Buckley, resigns after Citibank was punished by regulators for the third time in seven years.http://goo.gl/ScT47
    79. 12/19/11 (DENMARK) Danske Bank Peter Straarup, who will retire February 15http://goo.gl/06c2b
    80. 12/19/11 (DENMARK) Danske Bank Eivind Kolding has resigned as Chairman of the Board of Directors and from the three board committees on which he served, He continues as member of Danske Bank’s Board of Directors until he assumes the position of Chairman of the Executive Board on 15 February 2012. On the same day, at the latest, Eivind Kolding will resign from the A.P. Moller-Maersk Group.http://goo.gl/06c2b
    81. 12/20/11 (UK) Prudential (UK) Chairman Harvey McGrath has informed the Board of his intention to retire from the Board in 2012 once a successor has been found.http://goo.gl/IPOzf
    82. 12/20/11 (USA MA) Century Bancorp, Inc., Director Roger S. Berkowitz resigned.http://goo.gl/bbdeT
    83. 12/21/11 (USA MN) Voyager Bank, fired CEO trade accusations, New details have emerged in Voyager Bank's firing of its CEO in a court filing that accuses him of defrauding the bank of $15 million. The former CEO, Timothy Owens, has sued the bank for wrongful termination and accused the bank of defaming him.http://goo.gl/3Q1Vg
    84. 12/23/11 (USA VA) Virginia National Bank (VNB) Chairman Mark Giles quits http://goo.gl/dFDpH
    85. 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Claire Gargalli quitshttp://goo.gl/kowkW
    86. 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Leslie Disharoon quits http://goo.gl/kstLp
    87. 12/23/11 (USA VA) Virginia National Bank (VNB) Board Member Neal Kassell quits http://goo.gl/NrrPZ
    88. 12/23/11 (USA) Third Avenue Value Fund, co-manager Marty Whitman is leaving.http://goo.gl/iMe99
    89. 1/01/12 (NIGERIA) United Bank for Africa Plc Victor Osadolor resignshttp://goo.gl/b6AoA
    90. 1/01/12 (ISRAEL) Israel's Bank Leumi CEO Galia Maor steps down after 16 yearshttp://goo.gl/xwlFt
    91. 1/03/12 (GREECE) Marfin Popular Bank Public Co Ltd, Mr Eleftherios Hiliadakis has resigned from the Board of Directors.http://goo.gl/MuFa0
    92. 1/03/12 (USA VA) Suffolk Bancorp president and CEO J. Gordon Huszagh steps downhttp://goo.gl/joExI
    93. 1/03/12 (USA WI) Michael Falbo, president and CEO of Southport Bank, has resigned just six months after accepting the position.http://goo.gl/DP1uK
    94. 1/03/12 (UK) Arbuthnot Banking Group: Neil Kirton resigned from the Boardhttp://goo.gl/SKE7j
    95. 1/03/12 (UK) Arbuthnot Banking Group: Atholl Turrell left the Board.http://goo.gl/bzZtQ
    96. 1/05/12 (UK) Saunderson House [Private Bank] CEO Nick Fletcher steps downhttp://goo.gl/zvo1L
    97. 1/05/12 (USA NY) Blackstone/GSO Senior Floating Rate Term Fund and Blackstone/GSO Long-Short Credit Income Fund announced that John R. O’Neill has resigned.http://goo.gl/ZiWGL
    98. 1/07/12 (UK) Arab Banking Corporation Intl. Bank (ABCIB) Manama, Bahrain: ABCIB announced retirement of CEO Nofal Barbar from its London office.http://goo.gl/yF0Mm
    99. 1/09/12 (SWITZERLAND) SNB Chairman Philipp Hildebrand resignshttp://goo.gl/5qsUu
    100. 1/09/12 (USA WASHINGTON DC) Whitehouse former banker and Chief of Staff William M. Daley resignedhttp://goo.gl/34F0B
    101. 1/09/12 (USA NY) Morgan Stanley Chief Legal Officer Frank Barron retires. http://goo.gl/XYCwJ
    102. 1/09/12 (SWITZERLAND) Temenos Group AG, provider of core banking software announced the resignation of Mark Austen as a member of the Board of Directors.http://goo.gl/l6QzM
    103. 1/10/12 (USA IN) Security Bank of Springfield, president and CEO Steve Cour has announced plans to retire at the end of June.http://goo.gl/jFbYA
    104. 1/11/12 (KAZAKHSTAN) BTA Bank, CEO Marat Zairov resigns for health reasons.http://goo.gl/yAHgr
    105. 1/11/12 (SWITZERLAND) La Banque Privée Edmond de Rothschild, CEO Claude Messulam resigns, replaced by Christophe de Backer, Claude Messulam to become a director of the bank holding company.http://goo.gl/vWr3i
    106. 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading Edward K. Eisler retires http://goo.gl/i2TVk
    107. 1/12/12 (USA) Goldman Sachs, Co-Head Securities Trading David B. Heller retires http://goo.gl/i2TVk
    108. 1/13/12 (IRELAND) National Asset Management Agency, head of lending Graham Emmett is resigning http://goo.gl/GN3h3
    109. 1/13/12 (USA DC) World Bank, Vice President for Africa, Oby Ezekwesili will retire from her position at the World Bank in May.http://goo.gl/fiUsU
    110. 1/17/12 (CANADA) Cumberland Private Wealth Management CIO John Wilson quit to join another money manager.http://goo.gl/3JuNJ
    111. 1/17/12 (HONG KONG) Oversea-Chinese Banking Corporation Limited (OCBC Bank) CEO David Conner retires.http://goo.gl/83Z1i
    112. 1/17/12 (UK) Morgan Stanley Intl, chairman Walid Chammah is retiring. An inside source speculated that it could mean that the company had suffered exposure to European sovereign debt woes under Chammah's purview.http://goo.gl/e7vS7
    113. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Ali Yousef Al Awwadhy resigned.http://goo.gl/0PoIM
    114. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Miss Anoud Fadhel Al Hathran resigned.http://goo.gl/0PoIM
    115. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Tarek Farid Al Othman resigned.http://goo.gl/0PoIM
    116. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Salem Ali Hassan Al Ali resigned.http://goo.gl/0PoIM
    117. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Majed Ali Oweid Awadh resigned.http://goo.gl/0PoIM
    118. 1/17/12 (KUWAIT) Commercial Bank of Kuwait S.A.K. Board Member Mr. Badr Suliman Al Ahmed resigned.http://goo.gl/0PoIM
    119. 1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business David Heller resigns.http://goo.gl/TMHvx
    120. 1/18/12 (USA) Goldman Sachs co-heads of Goldman's securities business Edward Eisler resigns.http://goo.gl/TMHvx
    121. 1/18/12 (USA) Goldman Sachs co-head of its investment management division Ed Forst resigns.http://goo.gl/TMHvx
    122. 1/19/12 (UK) Santander, senior director Americas division Francisco Luzón is retiring with a pension pot of about €56m, a package whose generous size is expected to reignite controversy over bankers’ remuneration.http://goo.gl/XMRvP
    123. 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Alaa' Sabaa resigned from board of directors.http://goo.gl/5Eze1
    124. 1/19/12 (EGYPT) Beltone Financial Holding (BTFH) Wael EL Mahgary resigned from board of directors.http://goo.gl/5Eze1
    125. 1/20/12 (USA NY) JPMorgan Chase, Mortgage Banking Default organization head Scott Powell has decided to leave the bank.http://goo.gl/TCYpT
    126. 1/20/12 (JAPAN) Normura's head of wholesale banking Jasjit Bhattai quitshttp://goo.gl/6FuWe
    127. 1/20/12 (SOUTH AFRICA) First National Bank's sharia banking division is in a state of flux after it was hit by a corporate governance scandal in which its chief executive, Ebi Patel, was put on "special leave" for almost a month while an internal probe was conducted. Patel has been reinstated, but is facing disciplinary action. Islamic finance forbids the payment and receipt of interest (riba), and investment in some industries. Sharia law states that interest-bearing transactions result in economic ills such as unemployment and high inflation. Trading in derivatives and speculative investment are also forbidden. Sharia law requires all transactions to be backed by tangible assets. http://goo.gl/NmGJP
    128. 1/20/12 (USA) TIAA-CREF executive vice president and president of Asset Management, Scott C. Evans resignedhttp://goo.gl/f6qLs
    129. 1/20/12 (SOUTH AFRICA) South African deputy economic development minister Enoch Godongwana quit his post this week in the face of growing outrage in government circles about his involvement in a company that allegedly defrauded clothing factory workers of R100-million of their pension fund money.http://goo.gl/ZADvn
    130. 1/21/12 (UK) Butterfield Private Bank head Danny Dixon Steps Downhttp://goo.gl/sdY1p
    131. 1/21/12 (SINGAPORE) ANZ Asia's private banking head Nina Aguas resigns as managing director of Asia-Pacific private banking.http://goo.gl/hlHvG
    132. 1/21/12 (USA CA) Nara Bancorp (Now called BBCN) President and CEO Min Kim Resignshttp://goo.gl/rcfJ3
    133. 1/22/12 (KENYA) National Bank of Kenya's (NBK) managing director, Mr Reuben Marambii, will resign before year end.http://goo.gl/c2n7r
    134. 1/24/12 (IRELAND) Deutsche International Corporate Services Limited fund, Paul Shevlin resigned as a directorhttp://goo.gl/OjZFF
    135. 1/24/12 (SWITZERLAND) Global Fund to Fight AIDS, Tuberculosis and Malaria, Dr. Michel Kazatchkine, a French clinical immunologist and head of the $22.6 billion fund has abruptly resigned, since revelations about corruption and misspending severely rattled some of its biggest donors. The resignation came on the eve of the World Economic Forum meeting in Davos, which played a role in its creation a decade ago. A dinner for the public-private fund is planned Thursday with U.N. Secretary-General Ban Ki-moon and major backers Bill Gates and the Bill & Melinda Gates Foundation. The shakeup resulted from an internal review to address problems highlighted in Associated Press stories last year about the loss of tens of millions of dollars in grant money because of mismanagement and alleged fraud. Its biggest private donor is the Bill & Melinda Gates Foundation, which has pledged $1.15 billion and provided it with $650 million so far. http://goo.gl/bqXs8
    136. 1/25/12 (UK) SOFIA PROPERTY FUND LIMITED, Gerry Williams has resigned as a Director, following his resignation from Ardel Holdings Limited ("Ardel") where he was CEO. Ardel is the holding company of Ardel Fund Services Limited which provides administration services in Guernsey to the Company.http://goo.gl/kDfVv
    137. 1/25/12 (USA NY) Fortress Private Equity, CEO Daniel Madrid (aka Daniel Mudd) has resigned. Madrid was forced to leave in order to deal with SEC allegations. Prior to joining Fortress, Madrid served as Fannie Mae CEO and was forced to resign. SEC sued Madrid and former Freddie Mac CEO Richard West Long (aka Richard Syron) for hiding hundreds of billions of dollars in subprime loans. Madrid denied the SEC allegations saying the US govt. and investors were informed of Fannie Mae’s loan data.http://goo.gl/u9IdB and http://goo.gl/v94ik and http://goo.gl/tXQwP
    138. 1/27/12 (SINGAPORE) AIMS AMP CAP INDUSTRIAL REIT, Mr Graham Sugden resigned.http://goo.gl/VZYHY
    139. 1/27/12 (SOUTH AFRICA) ABSA Group COO Alfie Naidoo would be leaving to pursue personal interestshttp://goo.gl/cVWnA
    140. 1/27/12 (SOUTH AFRICA) ABSA Group chief marketing and communication officer Happy Ntshingila, will be taking up an "exciting position" outside bankinghttp://goo.gl/cVWnA
    141. 1/27/12 (SOUTH AFRICA) ABSA Group CEO Daphne Motsepe retires at the end of April after a 10-year career at the bank.http://goo.gl/cVWnA
    142. 1/29/12 (PORTUGAL) Banco Santander Totta SA executive chairman Nuno Manuel da Silva Amado has resignedhttp://goo.gl/Glvdn
    143. 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Gov Alan Bollard to Step Downhttp://goo.gl/BwUgv
    144. 1/29/12 (UAE) NBD, Emirates 's investment banking division CEO Suresh Kumar is leaving the bankhttp://goo.gl/S1x0F
    145. 1/30/12 (UK) British Private Equity and Venture Capital Association (BVCA) COO Andrew Graham steps downhttp://goo.gl/4SDW8
    146. 1/31/12 (SCOTLAND) Royal Bank of Scotland former CEO Fred Goodwin Stripped of Knighthoodhttp://goo.gl/CoLVS
    147. 2/01/12 (SYRIA) Arab Bank Syria Board member Basma Talal Zein resigns.http://goo.gl/WXxzw
    148. 2/01/12 (SOUTH AFRICA) ABSA [Barclay's Bank] deputy CEO Louis von Zeuner resignshttp://goo.gl/IP8nH
    149. 2/01/12 (UK) Lloyds Bankging Group head of wholesaleTruett Tate quitshttp://goo.gl/OqRVo
    150. 2/01/12 (UK) Llyods Banking Group Tim Tookey leaving end of Februaryhttp://goo.gl/vjO5M
    151. 2/02/12 (VENEZUELA) Banking Crisis Arne Chacon arrested for Banking Corruptionhttp://goo.gl/bb5sh
    152. 2/02/12 (USA) American Perspective Bank, President and CEO Thomas J. Beene resigned.http://goo.gl/K66eb
    153. 2/02/12 (USA) NIR Group hedge funds, Corey Ribotsky was forced out of NIR by Pricewaterhouse-Coopers, the court-appointed liquidator, following allegations of fraud by the Securities and Exchange Commission. In September, the SEC sued Ribotsky and NIR for taking more than $1 million of investors’ money to buy cars and watches.
    154. 2/02/12 (IRELAND) AXA Rosenberg Management Ireland Limited, director Nathalie Savey resigned.http://goo.gl/cXB8u
    155. 2/03/12 (UK) VinaCapital Vietnam Opportunity Fund Ltd, Non-Executive Director Horst Geicke has resigned.http://goo.gl/r955T
    156. 2/03/12 (UK) UBS London trader, Kweku M. Adoboli, was arrested and charged with fraud and false accounting, forcing UBS to announce a $2.3 billion trading loss. http://goo.gl/ClTaq
    157. 2/05/12 (USA - NY) Morgan's investment banking chairman Joseph Perella quithttp://goo.gl/pG2jF
    158. 2/05/12 (USA - NY) Morgan Stanley investment banking Tarek Abdel-Meguid quithttp://goo.gl/bRv9K
    159. 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:http://goo.gl/OhCEb
    160. 2/06/12 (USA NY) TD Ameritrade, head of retail distribution John Bunch resigns. Bunch is leaving to take the top job at a small investment advisory firmin Kansas City.http://goo.gl/kgS7M
    161. 2/07/12 (USA) Bank Of America's Mortgage Business Chief Barbara Desoer Retireshttp://goo.gl/i7AUY
    162. 2/07/12 (INDIA) Kotak Mahindra Bank Falguni Nayar quitshttp://goo.gl/fP03J
    163. 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)http://goo.gl/PiQSy
    164. 2/08/12 (SOUTH AFRICA) Standard Bank Group Ltd - Resignation of Group Secretary Loren Wulfsohnhttp://goo.gl/K1pfn
    165. 2/08/12 (USA OH) Cleveland International Fund (CIF) private equity fund, A. Eddy Zai launched and led the Cleveland International Fund, an investment outfit that pairs wealthy foreign investors hoping for U.S. residency with job-creating projects. Zai resigned from his job this week, before being indicted in a bank-fraud scheme that, according to investigators, contributed to the collapse of a credit union in Eastlake. http://goo.gl/tgamf
    166. 2/08/12 (UAE) Emirates NBD makes top-level changes Bank's deputy chief executive officer Abdul Wahed Al Fahim has resigned.http://goo.gl/JUdNd
    167. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 62 year old Monsignor Emilio Messina, the Archdiocese of Camerino-San Severino Marche investigated on money laundering by Italian officials.http://goo.gl/uztVU
    168. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 49 year old Father Don Salvatore Palumbo of the socially popular parish of San Gaetano http://goo.gl/uztVU
    169. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 37 year old Father Horace Bonaccorsi of Catania, already tried and acquitted in Sicily for money laundering offenses recycling money through accounts at IOR http://goo.gl/uztVU
    170. 2/09/12 (VATICAN) Institute for Religious Works (IOR aka "Vatican Bank"), 85 year old Father Don Evaldo Biasini of Rome. Father Don Evaldo Biasini is known as the "Don of Cash".http://goo.gl/uztVU
    171. 2/09/12 (UKRAINE) National Bank of Ukraine deputy governor Volodymyr Krotiuk quitshttp://goo.gl/8BuXy
    172. 2/09/12 (UK) JP Morgan Chinese Investment Trust PLC, non-executive Director Madam Yujiang Zhao resignedhttp://goo.gl/CPO23
    173. 2/09/12 (UK) Alliance Trust Savings (ATS), Robert Burgess is stepping down as CEO.http://goo.gl/ohHG3
    174. 2/10/12 (KOREA) Korea Exchange Bank chief Larry Klane steps downhttp://goo.gl/DBKdc
    175. 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO A K Jagannathan resignshttp://goo.gl/wMl5g
    176. 2/13/12 (KUWAIT) Kuwait Central Bank CEO Sheikh Salem Abdulaziz Al Sabbah resignshttp://goo.gl/GFvIy
    177. 2/13/12 (UK) Goldman Sachs confirmed on Monday that George N. Mattson, one of the firm’s top deal makers in the industrial sector, will retire. He was a senior relationship banker with a client list that included General Motors, General Electric and Caterpillar.http://goo.gl/vgnq2
    178. 2/13/12 (HONDURAS) Honduras finance minister William Chong Wong, resigned on Monday after the International Monetary Fund (IMF) said the country did not reach its deficit and monetary targets for 2011.http://goo.gl/drgHY
    179. 2/14/12 (NICARAQUA) Nicaraqua Central Bank President Antenor Rosales resignshttp://goo.gl/iQ0n8
    180. 2/14/12 (UK) Social finance pioneer Malcolm Hayday quits Charity Bankhttp://goo.gl/uHp6C
    181. 2/14/12 (PAKISTAN) National Bank of Pakistan (NBP) chairman Syed Ali Raza resignedhttp://goo.gl/scexo
    182. 2/14/12 (USA NY) Goldman Sachs Jeffrey Moslow resigns, an investment banker to companies such as Tyco International Ltd, Nstar, the Boston-based utility, and defense contractor Dyncorp International Inc.http://goo.gl/7h4O7
    183. 2/15/12 (SOUTH AFRICA) HPA - Hospitality Property Fund Limited, chairman Frank Berkeley resigned.http://goo.gl/wJmpR
    184. 2/15/12 (USA) Boston Properties (REIT), Executive VP and COO E. Mitchell Norvilleto resignedhttp://goo.gl/AW7X7
    185. 2/15/12 (WORLD) World Bank CEO Zoellick resignshttp://goo.gl/dHDSmDid the White House tell the World Bank president that he's out?http://goo.gl/wUOgb
    186. 2/15/12 (CHINA) Morgan non-executive chairman Stanley Stephen Roach will be retiring. http://goo.gl/MQeGW
    187. 2/15/12 (SLOVENIA) Nova Kreditna Banka Maribor CEO Andrej Plos resignshttp://goo.gl/SNsVI
    188. 2/15/12 (SLOVENIA) Nova Ljubljanska Banka d.d. CEO Bozo Jasovic resignshttp://goo.gl/TyYiJ
    189. 2/16/12 (USA IL) Deerfield Capital Management LLC, CEO Daniel Hattori and CEO of CIFC Corp resigned.http://goo.gl/LLNnD
    190. 2/16/12 (USA IL) Deerfield Capital Management LLC, COO Luke Knecht and CEO of CIFC Corp, resigned both positions.http://goo.gl/LLNnD
    191. 2/16/12 (UK) The Financial Services Authority Margaret Cole is to step downhttp://goo.gl/yT6rS
    192. 2/16/12 (GHANA) Databank Group Executive Chair Ken Ofori-Atta steps downhttp://goo.gl/c7PtU
    193. 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Geoffrey Calvert Quitshttp://goo.gl/CtmOU
    194. 2/16/12 (AUSTRALIA) ANZ Bank Australia CFO Peter Marriott resignshttp://goo.gl/I7Alo
    195. 2/16/12 (UK) Royal Bank of Scotland Sr Equities Trader Jason Edinburgh Arrestedhttp://goo.gl/WczHh
    196. 2/16/12 (UK) Royal Bank of Scotland director equities bus. Vincent Walsh director Arrestedhttp://goo.gl/I7Alo
    197. 2/16/12 (UK) Marex Spectron senior trader Michael Elsom Arrestedhttp://goo.gl/I7Alo
    198. 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austraila CEO Stephen Williams resignshttp://goo.gl/4r16D
    199. 2/17/12 (SOUTH AFRICA) Coronation Fund Managers CEO Hugo Nelson is stepping down at age of 40.http://goo.gl/I3NY8
    200. 2/17/12 (PAKISTAN) PICIC Asset Management Company Limited CFO Ahmed Raza resignshttp://goo.gl/K8A2I
    201. 2/17/12 (USA NY) Goldman Sachs CEO Lloyd Blankfein out as by summerhttp://goo.gl/UjpzD
    202. 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass resignshttp://goo.gl/1n1Nr
    203. 2/17/12 (UK) Insight Investment, asset manager Mike Pinggera has resigned..http://goo.gl/uDplK
    204. 2/17/12 (USA NY) Harbinger Group Inc. CFO Francis T. McCarron has advised the Company of his resignation effective April 30http://goo.gl/6il4F
    205. 2/17/12 (BULGARIA) Bulgaria National Health Insurance Fund (NHIF), The managing director Neli Nesheva, resigned after a two-day row about end-of-year bonuses paid by NHIF to its employees.http://goo.gl/7UQxv
    206. 2/18/12 (PAKISTAN) The Bank of Azad Jammu and Kashmir executive Zulfiqar Abbasi resigns http://goo.gl/G0woP
    207. 2/19/12 (MALTA) Bank of Valletta, director of the Multi-Manager Fund John C. Ripard, has resigned being reprimanded by the MFSA for disposing of his holdings in the Fund whilst in possession of sensitive information which was not available to the public.http://goo.gl/1li3r
    208. 2/20/12 (RUSSIA) Head of Russian Bank Regulator Gennady Melikyan Steps Downhttp://goo.gl/Unuez
    209. 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resignshttp://goo.gl/F5twL
    210. 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd: Zvi Itskovitch resignshttp://goo.gl/aA0RW
    211. 2/20/12 (USA WA) First Financial Northwest Director Spencer Schneider Quitshttp://goo.gl/6Dj0i
    212. 2/21/12 (ARGENTINA) Central Bank of Argentina (BCRA) Gen Mgr Benigno Velez, resignshttp://goo.gl/DuMrm
    213. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Matlub resignsconflict of interest with director seat on unknown bankhttp://goo.gl/aEmwB
    214. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Selima Ahmad resignsconflict of interest with director seat on unknown bankhttp://goo.gl/aEmwB
    215. 2/21/12 (BANGLADESH) Nitol Insurance Co. Ltd director Abdul Musabbir Ahmad resignsconflict of interest with director seat on unknown bankhttp://goo.gl/aEmwB
    216. 2/21/12 (BANGLADESH) City General Insurance Co. Ltd director Geasuddin Ahmad resignsconflict of interest with director seat on unknown bankhttp://goo.gl/aEmwB
    217. 2/21/12 (BANGLADESH) Social Islami Bank Limited director Taslima Akter resignsconflict of interest with director seat on Eastland Insurance Company Limitedhttp://goo.gl/aEmwB
    218. 2/21/12 (JAPAN) CITIBANK JAPAN: Bakhshi is taking over duties from Brian Mccappin, who the bank said in December would resign after the unit was banned for two weeks from trading tied to the London and Tokyo interbank offered rates.http://goo.gl/Z1rnw
    219. 2/22/12 (HONG KONG) DZ BANK project finance head Tim Meaney quitshttp://goo.gl/ppKno
    220. 2/22/12 (SINGAPORE) Macquarie International Infrastructure Fund's CEO John Stuart to resignhttp://goo.gl/ji7Q4
    221. 2/22/12 (USA NY) Goldman Sachs Hedge Fund Group Chief Howard Wietschner to Retirehttp://goo.gl/x4Zsr
    222. 2/22/12 (UK) UBS AG’s (UBSN) Doug McCutcheon, head of Healthcare Banking in Europe, Middle East, Africa and Asia-Pacific region, has left Switzerland’s biggest bank after 25 years at the firm.http://goo.gl/Dnxqh
    223. 2/23/12 (UK) Goldman Sachs Nordic M&A banker Luca Ferrari has decided to retire from the firm, clients included the largest telecommunications operator in Spain the Spanish telecommunications. http://goo.gl/qmCh3
    224. 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bankhttp://goo.gl/DTL5S
    225. 2/23/12 (SCOTLAND) Royal Bank of Scotland Group director John McFarlane resigns.http://goo.gl/KoEUI
    226. 2/24/12 (GUERNSEY) Spearpoint Limited (SPL) Investment Funds, director Mike Kirby resigns for business reasons.http://goo.gl/9stPB
    227. 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resignshttp://goo.gl/5eUqU
    228. 2/24/12 (HONG KONG) Citigroup Pvt Bank Global Real Estate Kwang Meng Quek Resignshttp://goo.gl/JIC9A
    229. 2/24/12 (NEW ZEALAND) FSF Executive Director Kirk Hope resignshttp://goo.gl/6UJau
    230. 2/24/12 (USA NY) Evercore Partners Head Eduardo Mestre steps downhttp://goo.gl/n5RLY
    231. 2/25/12 (AUSTRALIA AND NZ) Goldman Sachs Chairman Stephen Fitzgerald quitshttp://goo.gl/nMTLW
    232. 2/25/12 (DENMARK) European Investment Bank (EIB), Mr Sigmund Lubanski, of the Kingdom of Denmark tendered his resignation.http://goo.gl/y4XXF
    233. 2/27/12 (GERMANY) Deutsche Bank Americas chief Seth Waugh steps downhttp://goo.gl/8lxSw
    234. 2/27/12 (BAHRAIN) Khaleeji Commercial Bank CEO Ebrahim Ebrahim quitshttp://goo.gl/yKjzL
    235. 2/27/12 (BAHRAIN) - Mumtalakat Holding [Sovereign Wealth Fund] CEO Al Zain resignshttp://goo.gl/hhHSm
    236. 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Michel Péretié Steps Downhttp://goo.gl/IJ5Lw
    237. 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resignshttp://goo.gl/eVCS5
    238. 2/27/12 (GERMANY) Equiduct chairman Artur Fischer steps downhttp://goo.gl/Q0dWR
    239. 2/27/12 (IRAN) Bank Melli CEO Mahmoud Reza Khaavari Resigns - Flees to Canada!http://goo.gl/DDEUk
    240. 2/27/12 (IRAN) Bank Saderat CEO Mohammad Jahromi resignshttp://goo.gl/ZD0mc
    241. 2/27/12 (UK) Lloyds Banking Group Glen Moreno steps downhttp://goo.gl/dsXcE
    242. 2/27/12 (SINGAPORE) Standard Chartered Bank, global head of repo and collateralised financing Tanweer Khan resigned.http://goo.gl/hgbuc
    243. 2/28/12 (HONG KONG) Hang Seng Bank CEO Margaret Leung Ko May-yee quitshttp://goo.gl/Uo800
    244. 2/28/12 (CHINA) Bank of China International ECM global head Marshall Nicholson quitshttp://goo.gl/26MYq
    245. 2/28/12 (SINGAPORE) DBS security head Jim Pasqurell quits, cites health reasonshttp://goo.gl/NDJze
    246. 2/28/12 (HONG KONG) Bank of America's Asia-Pac. mrkts Brian Canniffe quitshttp://goo.gl/cRkCP
    247. 2/28/12 (BELGIUM) KBC's CEO Jan Vanhevel is to retire after a career spanning 41 years.http://goo.gl/1rCWd
    248. 2/28/12 (CANADA) Ontario Securities Commission chairwoman Peggy-Anne Brown quitshttp://goo.gl/HIYXv
    249. 2/28/12 (AUSTRALIA) Bank manager Colin John Carleton jailed nine years for $3m thefthttp://goo.gl/ggPvq
    250. 2/28/12 (SRI LANKA) Sri Lanka Com Bank CEO Amitha Gooneratne retireshttp://goo.gl/YxvNA
    251. 2/28/12 (SOUTH AFRICA) REDEFINE INCOME FUND director Gerald Leissner resignshttp://goo.gl/F0UgN
    252. 2/28/12 (ITALY) UNICREDIT: Chairman Dieter Rampl not available for a new mandatehttp://goo.gl/7aLRU
    253. 2/28/12 (UK) Bank of England Sir David Lees re-appointed Chair of Bank of England and gives notice of resignation at end of 2013http://goo.gl/LkJhV
    254. 2/28/12 (IRELAND) State Street Global Advisors Cash Funds plc Director Keith Walsh resignshttp://goo.gl/n6uoM
    255. 2/29/12 (AUSTRALIA) Perpetual portfolio manager Matt Williams steps downhttp://goo.gl/Jh9jd
    256. 2/29/12 (UK) Honister Capital CEO Richard Pearson steps downhttp://goo.gl/014or
    257. 2/29/12 (GUYANA) National Investment and Commercial Investments Ltd. (NICIL), Executive Director Winston Brassington resigns, “We feel that (Winston) Brassington knows everything…A to Z about all the transactions,” said Chairman of the Alliance for Change (AFC), Khemraj Ramjattan, as he sounded a warning that controversial figure could be subpoenaed to appear before the Parliamentary Economic Sector Committee.http:// goo.gl/L7I35
    258. 3/01/12 (MALAYSIA) RHB Bank Bhd deputy managing director Renzo Viegas quitshttp://goo.gl/wACrI
    259. 3/01/12 (ITALY) Italian Banking Association Chairman Giuseppe Mussari talks to reporters in Rome after he and seven other executives offered to resign in protest over new banking-fee rules included in the government's legislation on boosting competition.http://goo.gl/3llyT
    260. 3/01/12 (USA FL) Florida Venture Forum [Venture Capital] Exec Dir Robin Lester quitshttp://goo.gl/nA8g9
    261. 3/01/12 (USA NY) PineBridge Investments said Win Neuger has resigned as chief executive. Neuger helped build AIG's third party asset management business, PineBridge still manages AIG assetshttp://goo.gl/SI7kT
    262. 3/01/12 (SINGAPORE) UBS Singapore - James Tulley is leaving Switzerland’s largest bank, it is not clear where he is going.http://goo.gl/BGugF
    263. 3/01/12 (USA NH) Piscataqua Savings Bank CEO Jay Gibson retireshttp://goo.gl/uEqDV
    264. 3/01/12 (ICELAND) Iceland’s Financial Supervisory Authority (FSA) fired its director Gunnar Andersen http://goo.gl/VG9q5
    265. 3/01/12 (USA OR) Oregon Public Employees Retirement Fund (OPERF) senior RE officer Brad Child will retirehttp://goo.gl/vcERz
    266. 3/02/12 (CHINA) China Construction Bank Corp, assistant general manager and head of corporate banking Mickey Mehta quitshttp://goo.gl/B9dR0
    267. 3/02/12 (USA NY) Deutsche Bank Student Loan CEOJohn Hupalo quits to start student loan counseling firm.http://goo.gl/8kZuc
    268. 3/02/12 (UK) Bank of England Sir Mervin King resigns in June, Lord Sassoon tipped as replacement.http://goo.gl/ZEUwf
    269. 3/02/12 (BOTSWANA) Barclays Bank Botswana managing director Wilfred Mpai forced to resignhttp://goo.gl/npBe2
    270. 3/02/12 (HONG KONG) New Century Group Hong Kong Ltd [investment house and leisure group] Wilson Ng resigns http://goo.gl/wFSV8
    271. 3/02/12 (USA NY) Citigroup Richard Parsons to step down as chairmanhttp://goo.gl/BhZ0F
    272. 3/03/12 (AUSTRIA) Volksbank AG (VBAG) The contract of CEO Gerald Wenzel will not be extendedhttp://goo.gl/w99tD
    273. 3/03/12 (ETHIOPIA) Dashen Bank’s board dismisses president Leulseged Teferihttp://goo.gl/Y801M
    274. 3/03/12 (RUSSIA) Enza Capital KK, Wealthy British banker Philip Townsend (Baron Townsend of Rathmore) and his wife killed at Estonia holiday home ⑆44541444⑈http://goo.gl/GSOUN and http://goo.gl/x94ID and http://goo.gl/gGgLP
    275. 3/04/12 (KOREA) Hana Financial Group Inc, prominent figure in the history of South Korean finance Kim Seung-yu , resignshttp://goo.gl/fmNxY
    276. 3/04/12 (USA NY) JP Morgan prop trading chief Mike Stewart quitshttp://goo.gl/gubPj
    277. 3/05/12 (SAUDI ARABIA) Al Rajhi Bank CEO Abdullah bin Sulaiman Al Rajhi has resigned http://goo.gl/pNx0l
    278. 3/5/12 (UK) Jupiter fund co-manager Tony Nutt steps downhttp://goo.gl/RPqOp
    279. 3/05/12 (UK) Jupiter fund co-manager John Hamilton steps downhttp://goo.gl/RPqOp
    280. 3/05/12 (NEW ZEALAND) Insured Group Bill Jeffries has resigned as chairman and director http://goo.gl/gX7wu
    281. 3/05/12 (USA) Reliance Bancshares chairman Patrick Gideon resignedhttp://goo.gl/u6BT4
    282. 3/05/12 (UK) Charterhouse partner Gordon Bonnyman is stepping down.http://goo.gl/iAEYB
    283. 3/05/12 (UK) HgCapital, partner Lindsay Dibden is leaving after 20 years.http://goo.gl/iAEYB
    284. 3/06/12 (FRANCE) Blackstone Group's Paris office leader Jean-Michel Steg will step down http://goo.gl/w3Ca5
    285. 3/06/12 (JAMAICA) Jamaica Money Market Brokers Limited, Patricia Sutherland has resigned as Executive Directorhttp://goo.gl/oMwv6
    286. 3/06/12 (JAMAICA) Jamaica’s Financial Services Commission (FSC), Executive director Rohan Barnett, has resigned the position, the Ministry of Finance, Planning and the Public Service announced this afternoon. http://goo.gl/FBwFo
    287. 3/06/12 USA CT) Wells Fargo & Co. said that Mackey McDonald, one of the last remaining directors from Wachovia is retiring.http://goo.gl/F1O4v
    288. 3/06/12 (USA PA) USA Technologies Inc Bradley M. Tirpak, a nominee of Shareholder Advocates for Value Enhancement,has resigned from its board subsequent to a settlement agreement with the investing group, according to an SEC filing. Provides a network of wireless non-cash transactions, associated financial/network services and energy management. It provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. http://goo.gl/8oi7C
    289. 3/06/12 (UK) Sterling Green Group has announced that Philip Kanas, a non-executive director, has decided to resignSterling Green Group PLC became a cash shell following the disposal of their subsidiaries Taxdebts Ltd, Sterling Green (Mortgages) Ltd and the back books of the clients of Sterling Green Ltd. during December 2011. http://goo.gl/qc3jB
    290. 3/06/12 (UK) Aberdeen Asset Management, non-executive director Gerhard Fusenig has resigned from the board. http://goo.gl/ZIkvQ
    291. 3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Risk Officer Hugo Baenzigeri to resign http://goo.gl/MWqsH
    292. 3/07/12 (GERMANY) Deutsche Bank AG's (DB) Chief Operating Officer Hermann-Josef Lamberti to resign http://goo.gl/MWqsH
    293. 3/07/12 (UNITED ARAB EMIRATES) Dubai Mercantile Exchange announced Thomas Leaver will step down as CEOhttp://goo.gl/rfhWN
    294. 3/07/12 (SCOTLAND) Macfarlane Group Chairman Archie Hunter to step down after 8 years of servicehttp://goo.gl/RHllr
    295. 3/07/12 (USA) BlackRock Emerging Markets Fund co-head Daniel Tubbs, has left the group to pursue other opportunities.http://goo.gl/CpEzZ
    296. 3/07/12 (UK) Goldman Sachs (GSI) Christopher French resigns from board http://goo.gl/3yQDS
    297. 3/07/12 (UK) Goldman Sachs (GSI) David Wildermuth resigns from board http://goo.gl/3yQDS
    298. 3/07/12 (UK) Goldman Sachs (GSI) Matthew Westerman resigns from boardhttp://goo.gl/3yQDS
    299. 3/07/12 (UK) Goldman Sachs (GSI) co-head of global mergers and acquisitions Yoel Zaoui resignshttp://goo.gl/3yQDS
    300. 3/07/12 (UK) Goldman Sachs (GSI) Phil Beatty resigned as head of European power and natural-gas tradinghttp://goo.gl/jqbYY
    301. 3/07/12 (SINGAPORE) Nikko Asset Management Timothy McCarthy is retiring as chairman and CEO at the end of the monthhttp://goo.gl/v8tcT
    302. 3/07/12 (HONG KONG) UBS Senior Asia Economist Jonathan Anderson Departshttp://goo.gl/09VqT
    303. 3/07/12 (HAITI) FORMER DIRECTOR HAITI CENTRAL BANK SLAIN! ⑆44541444⑈http://goo.gl/UtVz3
    304. 3/07/12 (FRANCE) Société Générale Private Banking, Daniel Truchi is to step down as head of Société Générale Private Bankinghttp://goo.gl/XhgJ9
    305. 3/07/12 (AUSTRALIA) Customers Ltd, Tim Wildash has cashed himself out as chief executive of Australia’s largest ATM operatorhttp://goo.gl/eZJMb
    306. 3/07/12 (USA CA) CALSTRS, Pascal Villiger, senior private equity portfolio manager at the $145 billion California State Teachers’ Retirement System resignshttp://goo.gl/ub0ke
    307. 3/07/12 (USA) Astaire quits Bank of America Merrill to dance to Barclays Capital’s tunehttp://goo.gl/Zv6Ny
    308. 3/08/12 (USA NY) Schroders, CIO Alan Brown is steps down http://goo.gl/ZTtYo
    309. 3/08/12 (USA IL) CBOE Executive Patrick Fay Put on Leave Amid SEC Probehttp://goo.gl/x5snO
    310. 3/08/12 (USA NH & RI) Bristol County Savings Bank president E. Dennis Kelly retires after 35 yearshttp://goo.gl/8KVKn
    311. 3/08/12 (GERMANY) Clearstream Banking AG – Katja Rosenkranz To Leave Deutsche Börse Group [stockmarket] http://goo.gl/RiVNi
    312. 3/08/12 (UK) B&CE CEO Brian Griffiths is to retire later this yearhttp://goo.gl/AV7Sk
    313. 3/08/12 (UK) Invesco Trimark Ltd, portfolio manager Dana Love has resigned.http://goo.gl/MyQ90
    314. 3/08/12 (ISRAEL) Bank of Israel Governor Stanley Fischer will hand in his shock resignation in the coming days and take up a new position as head of the Bank of Zambia. Finance Minister Yuval Steinitz is believed to be furious with Fischer's decision. Treasury officials said he even canceled his participation in the office's annual Purim party in order to convince Fischer to reverse his decision. http://goo.gl/0DlSA
    315. 3/08/12 (SOUTH AFRICA) Standard Bank Group Limited (SBK), board member Sir Paul Judge retires.http://goo.gl/SjSPg
    316. 3/08/12 (SOUTH AFRICA) Standard Bank Groupl Limited (SBK), board member Sir Sam Jonah retires.http://goo.gl/SjSPg
    317. 3/09/12 (MONGOLIA) Mongol Bank President Alag Batsukh submitted his resignation letter to Speaker of Parliament D. Demberel at the end of last month. He described his reason for resigning as a lack of support by Parliament. http://goo.gl/RDmNx
    318. 3/09/12 (MONGOLIA) Asia Pacific Securities, General Manager Narantuguldur Saijrakh recently resigned, to focus on his role as Director of Khan Investment Management, investment advisor to the Khan Mongolia Equity Fund - the first open-ended investment vehicle with monthly dealing that invests in Mongolia related equities listed both domestically and internationally.http://goo.gl/2T4R6
    319. 3/09/12 (Côte d’Ivoire) Banque Central des Etats d’Afrique de l’Ouest (BCEAO) The Ivorian governor of the multi-billion dollar West Africa Francophone bank, Philippe-Henry Dacoury-Tabley, resigned his post.http://goo.gl/CevLn
    320. 3/09/12 (UK) Lazard , co-head of investment banking Alexis de Rosnay quits. De Rosnay specialises in the healthcare sector, he has advised Teva Pharmaceutical and Novartis.http://goo.gl/3gzbi
    321. 3/09/12 (UK) Deutsche Bank PWM, UK head of portfolio management Martyn Surguy resigned.http://goo.gl/5Ti2p
    322. 3/09/12 (UK) Deutsche Bank PWM, head of discretionary management, Kypros Charalambous, having also stepped down. http://goo.gl/5Ti2p
    323. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, K.J. Kim, responsible for Southeast Asia, resignedhttp://goo.gl/sE7xh
    324. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Jimmy Choi, who was in charge of high-yield debt, resigned.http://goo.gl/sE7xh
    325. 3/09/12 (HONG KONG) Bank of America Merrill Lynch, Leonard Ng, a vice-president in Hong Kong resigned.http://goo.gl/sE7xh
    326. 3/09/12 (AUSTRALIA) Bank of Queensland CFO Ram Kangatharan plans to leave the bank.http://goo.gl/ieNea
    327. 3/09/12 (USA) Cerberus Capital Management LP, CEO Robert Nardelli resigns.http://goo.gl/9uKVx
    328. 3/10/12 (AUSTRALIA) WESTPAC, Rob Chapman opted to quit running its regional subsidiary St George Bank.http://goo.gl/G6MD
    329. 3/10/12 (TURKEY) Garanti Bank, The deputy CEO of Turkish lender Tolga Egemen, has decided to quit.http://goo.gl/vAMzV
    330. 3/10/12 (CHINA) Korea Development Bank, Shanghai unit senior manager Stella Wen resigned.http://goo.gl/55CqZ
    331. 3/10/12 (HONG KONG) Deutsche Bank, Johan Sudiman resigns as director.http://goo.gl/6CYGP
    332. 3/12/12 (USA) John Lewis Partnership Pension Trust, head of investments Andrew Chapman, resignshttp://goo.gl/hevqh
    333. 3/12/12 (USA CA) California’s Department of Financial Institutions, commissioner William Haraf resigned. The DFI did not say why he is leaving.http://goo.gl/zquTc
    334. 3/12/12 (KUWAIT) Gulf Bank, Chairman Ali Rashaid Al Bader quitshttp://goo.gl/LDz9b
    335. 3/12/12 (UK and IRELAND) Allfunds Bank, head of UK and Ireland Alan Gadd is stepping down from his role at the end of April.http://goo.gl/4DF6i
    336. 3/12/12 (USA) ICAP, CEO of the electronic broking business David Rutter step down following a restructuring of the business.http://goo.gl/SUHqW
    337. 3/12/12 (UK) SVG Capital, chairman Nicholas Ferguson resigns. His departure left him well placed to succeed James Murdoch as chairman of BSkyB should the latter bow to investor pressure and step down. Other investors in the satellite broadcaster suggested Ferguson might be seen as too close to Murdoch to win the support of institutional shareholders.http://goo.gl/z19wH
    338. 3/12/12 (SOUTH AFRICA) The Development Bank of Southern Africa (DBSA), CEO Paul Baloyi resigns.http://goo.gl/yX4xo
    339. 3/12/12 (USA) Lehman Brothers Holdings Inc, CEO Bryan Marsal Resigns Title, Remains on as Adviserhttp://goo.gl/1K9zV
    340. 3/12/12 (USA IL) CME Group Inc, CEO Craig Donohues will step down at year end.http://goo.gl/lvzgC
    341. 3/13/12 (USA) Eaton Vance Corp, Treasurer and CFO Robert J. Whelan has stepped down.http://goo.gl/oxmbL
    342. 3/12/12 (USA IL) CBOE Holdings Inc. (CBOE), senior compliance executive Patrick Fay has resigned. The options exchange being investigated by the Securities and Exchange Commission, Fay had been placed on leave after the SEC began investigating the options-market operator’s oversight of traders. http://goo.gl/gj4W6
    343. 3/13/12 (USA) Mithras Investment Trust, chairman Mike Wooderson will step downhttp://goo.gl/UjO2e
    344. 3/13/12 (USA) PHH Mortgage, President Luke Hayden resigned from to pursue what the company calls "other interests." http://goo.gl/iaqQf
    345. 3/13/12 (USA) PHH Mortgage, Treasurer Mark Johnson.resignedhttp://goo.gl/iaqQf
    346. 3/13/12 (AUSTRALIA) WESTPAC, head of corporate affairs after David Bell decided to step down from the role. Bell is the latest top executive to leave the bank.http://goo.gl/FntUz
    347. 3/13/12 (UK) Capula’s Systemic Trading Head Qiang Dai to Leave Fund http://goo.gl/zkrN2
    348. 3/13/12 (UAE) National Bank of Abu Dhabi, CEO Michael Tomalin, will retire from the post in a few months. http://goo.gl/dzBW8
    349. 3/13/12 (ISRAEL) Osem Investments Ltd, CEO Gazi Kaplan has tendered his resignation, effective April 2, citing heath reasons. Nestlé SA owns 58.8% of Osem.http://goo.gl/t032l
    350. 3/13/12 (USA) Paulson & Co.'s, partner and head of the global bank team Robert Lacoursiere has quit to form his own hedge fundhttp://goo.gl/I8UNd
    351. 3/13/12 (AUSTRALIA) ASX Ltd, Chairman David Gonski will step down from his role at Australia’s main stock market operator after being appointed to oversee almost A$90 billion ($95 billion) in the nation’s sovereign-wealth funds.http://goo.gl/gJN33
    352. 3/13/12 (UK) JP Morgan, Asset Management European chief Jamie Broderick is to step down more than 20 years at the firm.http://goo.gl/MV65V
    353. 3/13/12 (UK) SVG Chairman Nicholas Ferguson retires.http://goo.gl/hTDDY
    354. 3/13/12 (UK) SVG Director Edgar Koning retires.http://goo.gl/hTDDY
    355. 3/13/12 (UK) SVG Director Denis Raeburn retires.http://goo.gl/hTDDY
    356. 3/13/12 (UK) SVG Director Francis Finlay retires.http://goo.gl/hTDDY
    357. 3/14/12 (UK) Goldmand Sachs, executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa, Greg Smith, is resigning today.http://americankabuki.blogspot.com/2012/03/why-i-am-leaving-goldman-sachs.html
    358. 3/14/12 (SOUTH AFRICA) ABSA chairman Garth Griffin to retirehttp://goo.gl/Mhjb5
    Brandon Turbeville is an author out of Mullins, South Carolina. He has a Bachelor's Degree from Francis Marion University and is the author of three books, Codex Alimentarius -- The End of Health Freedom, 7 Real Conspiracies, and Five Sense Solutions. Turbeville has published over one hundred articles dealing with a wide variety of subjects including health, economics, government corruption, and civil liberties. Brandon Turbeville is available for podcast, radio, and TV interviews. Please contact us at activistpost (at) gmail.com. Activist Post: Worldwide Banking Resignations Triple According to Revised Numbers: Why Now?
    Last edited by AirborneSapper7; 03-22-2012 at 03:57 AM.
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