MF Global Holdings approved more than $8 million in compensation for former Chief Executive Jon S. Corzine in the year before the firm's collapse and a shortfall in customer funds estimated at $1.6 billion.
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The authors of a book about women playing golf to get ahead say, yes, you do need to take up the game if you want to hobnob with the powerful.
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An executive who oversaw risk management at the unit responsible for trading blunders that cost J.P. Morgan Chase & Co. at least $2 billion this year earlier lost millions while trading for the same unit, according to people familiar with the bank.
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Financial advisers wanted (Reuters), Cantor Fitzgerald expands (On Wall Street), telling the truth (CAREEREALISM) and more. For all the news you need throughout the day, follow FINSider on Twitter and Facebook.
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J.P. Morgan Chase & Co. didn't have a treasurer in place during a five-month period when the bank's Chief Investment Office placed trades that led to more than $2 billion in losses. In addition, the executive put in charge of risk management for the CIO in February is the brother-in-law of another top J.P. Morgan exec.
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Jefferies keeps climbing (Financial News), J.P. Morgan bankers feeling the pain (WSJ), Deloitte's chairman on his career (FINS) and more. For all the news you need throughout the day, follow FINSider of Twitter and Facebook.
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Punit Renjen had never been on an airplane before until he traveled to the U.S. in his early 20s to study in Oregon. Now he jets around weekly to fulfill his tasks as chairman of the professional services firm.
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Who are the next 10 female CEOs at the biggest U.S. businesses? FINS and The Wall Street Journal surveyed our sources and developed the following list of those most likely to make it to the top of the corporate C-suite. Here they are, in alphabetical order.
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Trouble in Asia (Catalyst), layoffs in Manhattan (Bloomberg), troublesome meetings (WSJ) and more. For all the news you need throughout the day, follow FINSider on Twitter and Facebook.
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