Another Executive Leaves JPMorgan, Raising Questions as Vote Nears
Date: 30 April 2013
By SUSANNE CRAIG and JESSICA SILVER-GREENBERG
Departure of JPMorgan co-chief operating officer Frank J Bisignano highlights fears about persistent executive turnover as bank prepares to tabulate shareholder vote on whether to split roles of chairman and chief executive, both currently held by Jamie Dimon; Dimon's inner circle has been significantly winnowed since financial crisis, trend that some observers fear indicates larger problem within bank. Photos (M)
Full Article
Investigators Obtain DNA From Widow Of Suspect
Date: 30 April 2013
By MICHAEL S. SCHMIDT and SERGE F. KOVALESKI; Katharine Q. Seelye, Richard A. Oppel Jr. and John Eligon contributed reporting
Federal Bureau of Investigation is closely scrutinizing activities of Katherine Russell, widow of Boston Marathon bomber suspect Tamerlan Tsarnaev, in days before and after attacks; agents are seeking to determine if she could have, wittingly or unwittingly, destroyed evidence, helped bombers evade capture, or even played role in planning attacks. (M)
Full Article
Start-Ups Take Root in Berlin
Date: 30 April 2013
By MARK SCOTT
Berlin is quickly becoming one of world's fastest-growing start-up communities, attracting young entrepreneurs with stylish cool and cheap rent; influx of technology companies is allowing Berlin to compete with Germany's traditional business centers, including Frankfurt and Hamburg. Photos (M)
Full Article
100 Years Ago, a Mayor With a Ready Trigger Finger
Date: 30 April 2013
By SAM ROBERTS
City Room blog contrasts Mayor Michael R Bloomberg's campaign for stricter gun control regulation with habits of former New York City Mayor John Purroy Mitchel, elected in 1913; Mitchel not only carried a revolver and drew it in defense on some occasions, he also once dropped it, causing it to accidentally discharge and wound a prominent real estate developer. Photo (M)
Full Article
Sarah Silverman Special In the Works for HBO
Date: 30 April 2013
By DAVE ITZKOFF
Comedian Sarah Silverman will star in her own HBO special called Sarah Silverman: We Are Miracles, which will be broadcast in fall 2013. Photo (M)
Full Article
Deutsche Bank Posts a Profit and Agrees to Raise Its Capital Reserves
Date: 30 April 2013
By JACK EWING
Deutsche Bank reports first-quarter net profit of 1.66 billion euros, or $2.16 billion, up from 1.41 billion euros in same period one year earlier; announces plan to issue $3.65 billion in new stock to increase its capital reserves, response to criticism that it has too thin a cushion against risk. Photo (M)3
Full Article
Studying The Dark Art Of Leaking Deal Talks
Date: 30 April 2013
By ANDREW ROSS SORKIN
Andrew Ross Sorkin DealBook column cites new study conducted by the Cass Business School in London finding that information leaks concerning corporate mergers have declined from 11 to 7 percent between 2008 and 2012; notes study also found that leaks typically benefit sellers, forcing buyers to pay an average of an 18 percent premium on deals following leak. Photo (M)
Full Article