American Banks are standing tall, and most of them do not have an 'independent' Chairman to micro or macro manage their CEO's. So what IS the point of employing expensive Chairmen? Most of them are past their best years and this reverse ageism surely does not lead to the desired performance as the examples of quite a few (all?) of the European Banks attest. Maybe HSBC could save a penny or two by not wasting money on headhunters.
( 18 March 2016)
On October 1, the Delaware Court of Chancery denied a motion to dismiss a
Caremark claim in In re Clovis Oncology, Inc. Derivative Litigation.
Under In re ...
3 hours ago
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