81 Resignations from World Banks & 24 Government Resignations and Investigations
Updated List as of February 27, 2012
81 RESIGNATIONS FROM WORLD BANKS:
(1) 9/01/11 (USA NY) Bank of New York Mellon Chief Resigns in a Shake-UP
http://loanworkout.org/2011/09/bank-of-new-york-mellon-chief-resigns-in-a-shake-up/
(2) 09/20/12 (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://www.heraldscotland.com/mobile/business/company-news/warning-as-last-scot-leaves-lloyds-board-lloyds-could-lack-scottish-voice.15150830?_=20e772c9486b6372433ff2b886a31e9fca7eeb2a
(3) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis
http://www.dailymail.co.uk/news/article-2041385/Oswald-Gruebel-resigns-UBS-boss-steps-Kweku-Adoboli-trading-scandal.html
(4) 9/28/11 (SWITZERLAND) SNB Bank Council: Fritz Studer resigns as per end-April 2012
https://docs.google.com/viewer?url=http%3A%2F%2Fwww.snb.ch%2Fen%2Fmmr%2Freference%2Fpre_20111028%2Fsource%2Fpre_20111028.en.pdf
(5) 10/29/11 (CHINA) Resignations Suggest Shift for China's Banks
http://online.wsj.com/article/SB10001424052970203687504577003734190522426.html
(6) 11/01/12 (INDIA) More directors of the Beed district bank resign
http://www.thenews.coop/article/more-directors-beed-district-bank-resign
(7) 11/02/12 (UNITED KINGDOM) 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://www.bankingtimes.co.uk/2011/11/02/lloyds-chief-on-sick-leave/
(8) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign
http://www.bloomberg.com/news/2011-11-22/ubs-s-japan-investment-banking-chairman-yasuki-matsui-to-resign.html
(9) 11/29/11 (Iran) Iran's Bank Melli CEO Resigns Over Loan Scam
http://www.dailymotion.com/video/xlcznz_iran-s-bank-melli-ceo-resigns-over-loan-scam_news
(10) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank]
http://www.reuters.com/article/2011/12/15/coutts-fleming-idUSL6E7NF23S20111215
(11) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down
http://dealbook.nytimes.com/2011/12/22/socgens-investment-banking-chief-steps-down/
(12) 12/23/11 (USA VA) Bank feud: Chairman Giles quits VNB with other directors
http://www.readthehook.com/102524/bank-feud-chairman-giles-quits-vnb-other-directors
(13) 1/01/12 (NIGERIA) The Board of United Bank for Africa Plc, the pan African financial services Group with presence in 19 countries across Africa, has accepted the resignation of Mr. Victor Osadolor, from the board with effect from January 9, 2012.
http://www.ubagroup.com/mediacentre/newsdetails/343
(14) 1/01/12 (ISRAEL) Israel's Bank Leumi CEO Maor steps down after 16 years
http://www.reuters.com/article/2012/01/01/leumi-ceo-resignation-idUSL6E8C108220120101
(15) 1/03/12 (USA VA) Suffolk Bancorp president and CEO steps down
http://riverheadlocal.com/local-news/4114-suffolk-bancorp-president-and-ceo-steps-down
(16) 1/03/12 (UNITED KINGDOM) Departures from Board at Arbuthnot Banking Group: Neil Kirton
Shortly before the market closed at 12.30 p.m. on Friday the company disclosed that Neil Kirton had resigned from the Board the previous day.
http://www.stockmarketwire.com/article/4285058/Departures-from-Board-at-Arbuthnot-Banking-Group.html
(17) 1/03/12 (UNITED KINGDOM) Departures from Board at Arbuthnot Banking Group: Atholl Turrell
It has today stated that Atholl Turrell has left the Board.
http://www.stockmarketwire.com/article/4285058/Departures-from-Board-at-Arbuthnot-Banking-Group.html
(18) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down
http://www.ftadviser.com/2012/01/05/ifa-industry/people/saunderson-house-chief-executive-steps-down-M0vEWlpbSqKA3OCLZDCcGM/article.html
(19)1/09/12 (SWITZERLAND) Switzerland's central bank chief resigns
http://www.aljazeera.com/news/europe/2012/01/201219145612935171.html
(20) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits
http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/
(21) 1/19/12 (SPAIN) Spanish bank Santander's Americas chief quits
http://www.expatica.com/es/news/spanish-news/spanish-bank-santander-s-americas-chief-quits_202395.html
(22) 1/30/12 (UNITED KINGDOM) Head Of UK Private Bank Steps Down [Butterfield Private Bank]
http://www.wealthbriefing.com/html/article.php?title=Head_Of_UK_Private_Bank_Steps_Down&id=43933
(23) 1/20/12 (JAPAN) Normura's head of wholesale banking quits
http://www.euromoney.com/Article/2959021/Nomuras-head-of-wholesale-banking-quits.html
(24) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September
http://www.bloomberg.com/news/2012-01-29/new-zealand-reserve-bank-governor-alan-bollard-to-step-down-in-september.html
(25) 1/21/12 (Greece) Banks' top negotiator quits Greece, but talks go on
http://www.france24.com/en/20120121-banks-top-negotiator-quits-greece-but-talks-go
(26) 2/01/12 (SOUTH AFRICA) ABSA falls as deputy CEO steps down [UK Barclay's Bank Controlledl
http://m.news24.com/fin24/Companies/Financial-Services/Absa-falls-as-deputy-CEO-steps-down-20120201
(27) 2/01/12 (UNITED KINGDOM) Truett Tate - Lloyds Bankging Group head of wholesale quits
http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/
(28) 2/01/12 (UNITED KINGDOM) Tim TOokey - Llyods Banking Group leaving end of February having served as interim group chief executive in addition to group finance director
http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/
"Mr Tookey, who has been with the group since 2006, will leave at the end of February after preparing the bank’s accounts for 2011. He will not get a pay-off."
http://www.heraldscotland.com/mobile/business/company-news/warning-as-last-scot-leaves-lloyds-board-lloyds-could-lack-scottish-voice.15150830?_=20e772c9486b6372433ff2b886a31e9fca7eeb2a
(29) 2/02/12 (VENEZUELA) Key Chavez Minister Resigns Amid Banking Corruption Fallout
http://www.laht.com/article.asp?CategoryId=10717&ArticleId=348565
(30) 2/05/12 (USA - NY) Two Top Morgan Stanley Bankers Resign
http://www.stockbroker-fraud.com/lawyer-attorney-1133774.html
(31) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits: http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html
(32) 2/7/12 (USA) Bank Of America's Mortgage Business Chief Resigns
http://www.mortgageorb.com/e107_plugins/content/content.php?content.10881
(33) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank
http://articles.economictimes.indiatimes.com/2012-02-07/news/31031134_1_kotak-mahindra-bank-falguni-nayar-shanti-ekambaram
(34) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?)
http://finance.yahoo.com/news/iran-denies-central-bank-resignation-164154294.html
(35) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal
http://articles.businessinsider.com/2012-02-09/europe/31040509_1_anti-money-laundering-law-vatican-finances-italian-tv
(36) 2/10/12 (KOREA) Korea Exchange Bank chief steps down
http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML
(37) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns
http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/
(38) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns
http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html
(39) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns
http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html
(40) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank
http://www.socialenterpriselive.com/section/news/people/20120214/social-finance-pioneer-hayday-steps-down-charity-bank
(41) 2/14/12 (UKRAINE) The National Bank of Ukraine issued a short statement on Thursday announcing the resignation of deputy governor Volodymyr Krotiuk.
http://webcache.googleusercontent.com/search?q=cache:63Yjqc2bApkJ:www.centralbanking.com/central-banking/news/2145127/ukraine-deputy-governor-resigns%3FWT.rss_f%3DHome%26WT.rss_a%3DUkraine%2520deputy%2520governor%2520resigns+ukraine+deputy+governor+resigns&hl=en&gl=us&strip=1
(42) 2/15/12 (WORLD) World Bank CEO Zoellick resigns
http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/
Did the White House tell the World Bank president that he's out?
http://bosco.foreignpolicy.com/posts/2012/02/15/did_the_white_house_tell_the_world_bank_president_that_hes_out
(43) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO's (2) resign
http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html
(44) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign
http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign
(45) 2/16/12 (UNITED KINGDOM) The Financial Services Authority’s (FSA’s) interim managing director, Conduct Business Unit, Margaret Cole, is to step down later this year.
FSA is the regulator of all providers of financial services in the UK; Bank of England retains
responsibility for systemic risk.
http://www.bankingtimes.co.uk/2012/02/16/fsas-cole-to-step-down/
(46) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group
http://business.thinkghana.com/pages/finance/201202/57429.php
(47) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits
http://webcache.googleusercontent.com/search?q=cache:ZVfFZypqVIcJ:www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us
(48) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns
http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill
(49) 2/16/12 (UNITED KINGDOM) Royal Bank of Scotland Bankers Arrested
http://www.telegraph.co.uk/finance/financial-crime/9086930/Senior-bankers-caught-up-in-film-investment-tax-probe.html
(50) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns
http://www.theaustralian.com.au/business/wall-street-journal/andrew-chick-to-lead-royal-bank-of-scotlands-australian-arm/story-fnay3vxj-1226272513981
(51) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer
http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/
(52) 2/17/12 (SWITZERLAND) SNB Council President Hansueli Raggenbass To Leave Central Bank
http://online.wsj.com/article/BT-CO-20120217-710604.html
(53) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down
http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/national/18-Feb-2012/ajk-bank-s-executive-steps-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+pakistan-news-newspaper-daily-english-online%2F24hours-news+%28The+Nation+%3A+Latest+News%29
(54) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down
http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711
(55) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns
http://www.businessweek.com/news/2012-02-20/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html
(56) 2/20/12 (ISRAEL) Bank Leumi le-Israel Ltd. : Mr. Zvi Itskovitch Announces his Decision to Redesign From Bank Leumi
http://www.4-traders.com/BANK-LEUMI-LE-ISRAEL-LTD-6491695/news/BANK-LEUMI-LE-ISRAEL-LTD-Mr-Zvi-Itskovitch-Announces-his-Decision-to-Redesign-From-Bank-Leumi-14031540/
(57) 2/20/12 (USA) R. David Land Submits Resignation from the Boards of Directors of Peoples Bancorporation, Inc. and Seneca National Bank
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25695731
(58) 2/20/12 (USA WA) First Financial Northwest Director Quits in Candy Austerity Push[shades of the movie The Caine Mutiny?] First Financial Northwest Inc., a Renton, Washington-based lender, said director Spencer Schneider resigned after asking the bank to remove pictures of past directors and serve only hard candies at annual meetings.Schneider made the requests at a Feb. 15 board meeting as “symbols of austerity,” and also asked that the bank suspend serving refreshments at the annual shareholders’ meeting, offering just hard candies instead, he said. Schneider, general counsel for shareholder Joseph Stilwell, resigned immediately when the company asked that his requests be placed on the agenda for a board meeting next month, the bank said yesterday.
http://www.businessweek.com/news/2012-02-20/first-financial-northwest-director-quits-in-candy-austerity-push.html
(59) 2/21/12 (ARGENTINA) The general manager of the Central Bank of Argentina (BCRA), Benigno Velez, resigned his position today.
http://m24digital.com/en/2012/02/21/the-general-manager-of-the-bcra-benigno-velez-resigned-today/
(60) 2/21/12 (BANGLADESH) Five bank, insurance directors resign
http://www.thefinancialexpress-bd.com/more.php?news_id=120917&date=2012-02-21
(61) 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://www.bloomberg.com/news/2012-02-21/citigroup-stakes-u-s-mutuals-efsf-bond-program-compliance.html
(62) 2/22/12 (USA) Wietschner, Goldman Hedge Fund Advisory Chief, Retires
https://www.finalternatives.com/node/19689
(63) 2/23/12 (SOUTH AFRICA) Richard Gush resigns from Standard Bank
http://mobile.bloomberg.com/news/2012-02-23/standard-bank-says-merrill-lynch-hires-investment-banker-gush
(64) 2/23/12 (SCOTLAND) Royal Bank of Scotland Group has announced that John McFarlane will step down as a Non-executive Director on 31 March 2012, as a regulatory condition of his impending appointment at Aviva.
(65) 2/24/12 (INDIA) Breaking: ICICI Bank GC Pramod Rao resigns, may start up law firm
http://www.legallyindia.com/201202242600/In-house-counsel/breaking-icici-bank-gc-pramod-rao-resigns-may-start-up-law-firm
(66) 2/24/12 (HONG KONG) Citigroup Private Bank’s Co-Head of Global Real Estate Resigns
Feb. 24 (Bloomberg) -- Kwang Meng Quek, co-head of the global real estate group at Citigroup Inc.’s private banking unit, resigned.
http://www.businessweek.com/news/2012-02-24/citigroup-private-bank-s-co-head-of-global-real-estate-resigns.html
(67) 2/24/12 (NEW ZEALAND) FSF Executive Director resigns
After two years leading the Financial Services Federation ("FSF") executive director, Kirk Hope has resigned to take up the role of chief executive of the New Zealand Bankers? Association.
http://www.voxy.co.nz/business/fsf-executive-director-resigns/5/115797
(68) 2/24/12 (USA) Evercore's Mestre steps down as U.S. banking head
(Reuters) - Eduardo Mestre has stepped down as day-to-day head of Evercore Partners Inc's U.S. investment banking business, the New York-based company said in a regulatory filing
(69) 2/25/12 (AUSTRALIA AND NEW ZEALAND) Goldman Sachs: Fitz quits
Stephen Fitzgerald has resigned as Australia and New Zealand chairman and advisory director at Goldman Sachs, after 20 years with the bank. His departure comes less than a year after Goldman took full control of its Australian joint venture, formerly known as Goldman Sachs JBWere.
http://www.ifrasia.com/goldman-sachs-fitz-quits/21001856.article
(70) 2/27/12 (GERMANY) Deutsche Bank Americas chief steps down
http://www.cbsnews.com/8301-505245_162-57385821/deutsche-bank-americas-chief-steps-down/
(71) 2/27/12 (BAHRAIN) Ebrahim Ebrahim quits as CEO of Khaleeji Commercial Bank
http://www.cpifinancial.net/news/post/12845/ebrahim-ebrahim-quits-as-ceo-of-khaleeji-commercial-bank
(72) 2/27/12 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down
http://dealbook.nytimes.com/2011/12/22/socgens-investment-banking-chief-steps-down/
(73) 2/27/12 (MALAYSIA) Elaf Bank CEO Dr El Jaroudi resigns
http://twentyfoursevennews.com/banking-finance/elaf-bank-ceo-dr-el-jaroudi-resigns/
(74) 2/27/12 (JAPAN) Nomura’s Head Of Wholesale Banking Quits
http://atomiclotusbox.wordpress.com/2012/02/27/nomuras-head-of-wholesale-banking-quits/
(75) 2/27/12 (INDIA) Falguni Nayar Quits Kotak Mahindra Bank
http://atomiclotusbox.wordpress.com/2012/02/27/falguni-nayar-quits-kotak-mahindra-bank/
(76) 2/27/12 (GERMANY) Equiduct chairman steps down
http://www.efinancialnews.com/story/2012-02-27/equiduct-chairman-steps-down?mod=sectionheadlines-home-TT
(77) 2/27/12 (BAHRAIN) Al Zain steps down as Mumtalakat Holding CEO
The board of directors of Bahrain Mumtalakat Holding Company (Mumtalakat),Bahrain’s Sovereign Wealth Fund, has accepted the resignation of the Chief Executive Officer, Talal Al Zain, following the completion of a four year term as head of the investment arm for non-oil and gas assets of the Kingdom of Bahrain.
http://twentyfoursevennews.com/bahrain-news/al-zain-steps-down-as-mumtalakat-holding-ceo/
(78) 2/27/12 (IRAN) Iran’s Bank Melli CEO Resigns Over Loan Scam
http://atomiclotusbox.wordpress.com/2012/02/27/irans-bank-melli-ceo-resigns-over-loan-scam/
(79) 2/27/12 (INDIA/KASHMIR) AJK Bank’s Executive Steps Down
http://www.monitorkashmir.com/content/ajk-bank-s-executive-steps-down?destination=node%3Ftimeframe%3Dall%26filter%3Dall
(80) 2/27/12 (UNITED KINGDOM) Moreno to step down at Lloyds Banking Group
Lloyds Banking Group has announced that Glen Moreno, its senior independent director, intends not to seek re-election at the bank’s annual general meeting on 17th May, and will retire from the board on that date.
http://www.bankingtimes.co.uk/2012/02/27/moreno-to-step-down-at-lloyds/
(81) 2/28/12 (HONG KONG) Leung `to enjoy life' as she calls it quits
http://www.thestandard.com.hk/news_detail.asp?we_cat=11&art_id=120161&sid=35559525&con_type=1&d_str=20120228&fc=1
......................................................................................
PENDING GOVERNMENT BANKER RESIGNATIONS, CURRENT PROSECUTIONS AND INVESTIGATIONS
(1) 7/11/11 (TURKEY) 30 public officials to be prosecuted for aiding, abetting Dink's murder
http://www.todayszaman.com/news-263081-30-public-officials-to-be-prosecuted-for-aiding-abetting-dinks-murder.html
(2) 12/30/11 (CHINA) Former government official prosecuted for enslavement
http://radio86.com/news/former-government-official-prosecuted-enslavement
(3) 1/06/12 (SWITZERLAND) Additional information on violation of bank client confidentiality by employee of Bank Sarasin http://www.sarasin.ch/internet/iech/en/index_iech/about_us_iech/investor_relations_iech/ir_news_iech.htm?reference=134093&checkSum=A443A2FBC6393D39377469026E48EF22
(4) 1/13/12 (SWITZERLAND) Police have interviewed Swiss People’s Party strongman Christoph Blocher as part of an investigation into the leaking of bank data in the Hildebrand affair. An IT worker at Bank Sarasin has admitted passing the confidential information to a lawyer. The bank fired the employee and pressed criminal charges against the employee and unnamed third persons for violations of bank client confidentiality [ITS TOUGH TO BE A BANK WHISTLEBLOWER IN SWITZERLAND!]
http://www.swissinfo.ch/eng/politics/Police_interview_Blocher_in_Hildebrand_affair.html?cid=31939476
(5) 2/6/12 (ROMANIA) Romanian prime minister and cabinet resign en masse
http://www.guardian.co.uk/world/2012/feb/06/romania-pm-cabinet-resign
(6) 2/15/12 (KENYA) Parliamentary committee calls for Kenyan governor to resign Parliamentary Select Committee finds governor's "conduct and behaviour incompatible with the holder of the office of governor of the Central Bank of Kenya"; calls for resignation
http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign
(7) 2/15/12 (UNITED KINGDOM) Hedge fund boss whose explosive emails finally caught up with him
http://www.telegraph.co.uk/finance/financial-crime/9085471/Hedge-fund-boss-whose-explosive-emails-
finally-caught-up-with-him.html
(8) 2/16/12 (PHILLIPINES) Koko Pimentel wants defense, prosecution both punished
http://www.gmanetwork.com/news/story/248254/news/nation/koko-pimentel-wants-defense-prosecution-both-punished
(9) 2/16/12 (JAPAN) Kikukawa, six others arrested as Olympus investigation continues
http://www.imaging-resource.com/news/2012/02/16/kikukawa-six-others-arrested-as-olympus-investigation-continues
(10) 2/17/12 (PAKISTAN) Prime Minister to be prosecuted
http://www.pmln.org/media/nd_4641_prime-minister-to-be-prosecuted.pmln
(11) 2/17/12 (GREECE) Culture minister quits over Olympia museum burglary - AFP - Greek Culture Minister Pavlos Geroulanos resigned Friday after masked armed robbers stole more than 60 ancient objects of "incalculable" value, including a gold ring, from a museum in Olympia. Sixty-eight objects were whisked from a museum...
http://www.france24.com/en/20120217-greece-security-olympia-museum-theft-resignation-culture-minister-geroulanos
(12) 2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges)
http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html
(13) 2/21/12 (PAKISTAN) GOVERNMENT OFFICIALS PROSECUTED
Pakistan Vows to Arrest Former President Musharraf for Bhutto Assassination
http://www.cnn.com/2012/02/21/world/asia/pakistan-musharraf/?hpt=wo_bn4
(14) 2/21/12 (YEMEN) Saleh's deputy takes power in Yemen vote as sole candidate
http://www.reuters.com/article/2012/02/21/us-yemen-idUSTRE81J0RQ20120221
(15) 2/21/12 (PAKISTAN) GOVERNMENT OFFICIALS PROSECUTED
Pakistan Vows to Arrest Former President Musharraf for Bhutto Assassination
http://www.cnn.com/2012/02/21/world/asia/pakistan-musharraf/?hpt=wo_bn4
(16) 2/21/12 (USA) Citigroup Whistle-Blower Says Bank’s ‘Brute Force’ Hid Bad Loans
http://www.businessweek.com/news/2012-02-21/citigroup-whistle-blower-says-bank-s-brute-force-hid-bad-loans.html
(17) 2/22/12 (INDIA) Mumbai: The Bombay High Court on Wednesday directed Mumbai Police Commissioner Arup Patnaik to register an FIR against Mumbai Congress President Kripashankar Singh for criminal misconduct under the Prevention of Corruption Act and has asked the Commissioner to attach all immovable properties belonging to Singh and his family. Kripashankar Singh has resigned as Mumbai Congress chief following the court directive.
http://ibnlive.in.com/news/mumbai-cong-chief-quits-after-hc-procecution-order/232752-37-64.html
(18) 2/22/12 (AUSTRALIA) Former Prime Minister Kevin Rudd resigns as Foreign Minister
http://www.news.com.au/breaking-news/former-prime-minister-kevin-rudd-resigns-as-foreign-minister/story-e6frfku0-1226278542431
(19) 2/23/12 (SWITZERLAND) Sarasin also said on Thursday it had sold its stake in Neue Zuercher Bank (NZB), one of the 11 banks under investigation by U.S. officials, in an attempt to isolate itself from problem U.S. client assets. The global crackdown on tax evasion by cash-strapped governments is causing a big shake-up in Swiss private banking that is prompting a wave of consolidation as many smaller players struggle to survive without the lucrative business of managing untaxed assets. Straehle said the fact the bank's future was secure now Safra had taken a stake should mean the bank can return to a growth path and poach staff from other struggling players. "We are convinced that our focus on sustainability and tax-compliant assets will pay off in the long run and that with the backing of Safra as a well-capitalised majority shareholder we can look forward to exciting prospects," he said.
http://www.reuters.com/article/2012/02/23/sarasin-idUSL5E8DN2RW20120223
(20) 2/24/12 (HAITI) Haiti prime minister abruptly resigns post Conille, a physician who previously served as an aide to Bill Clinton in the former U.S. president's role as U.N. envoy to Haiti http://trib.com/news/world/haiti-prime-minister-abruptly-resigns-post/article_6fcdcb65-de9d-5c91-95ee-
231a98736162.html
(21) 2/24/12 (NEW ZEALAND) The four directors of Lombard Finance - including former cabinet ministers Sir Douglas Graham and William Jeffries - have been found guilty of making untrue statements in the company's offer documents.
http://www.odt.co.nz/news/national/198940/former-ministers-found-guilty
(22) 2/24/12 (UNITED KINGDOM) Banker Mukhtar Ablyazov 'fled to France on coach' Mukhtar Ablyazov, the millionaire banker sentenced to 22 months in prison for contempt of court, has fled the UK and is understood to be hiding in France, a court heard. Ablyazov, the former chairman of BTA Bank, is alleged to have conducted fraud "on epic scale" while in charge of the bank. He fled to the UK after leaving the bank, claiming asylum against political persecution. The case against him alleges he misappropriated billions of pounds while in charge of BTA. In related cases, two other individuals - Paul Kythreotis, a business associate of Ablyazov, and Syrym Shalabayev, brother-in-law and associate of Ablyazov - have been sentenced to prison for contempt.
http://www.telegraph.co.uk/finance/financial-crime/9104787/Banker-Mukhtar-Ablyazov-fled-to-France-on-coach.html
(23) 2/24/12 (UGANDA) Police quiz Uganda Central Bank Governor Mutebile overpayment guaranteed city businessman Hassan Basajjabalaba UGS142 billion. Ministers call for Mutebile's resignation.
http://www.newvision.co.ug/news/629242-Police-quiz-Mutebile-over-Bassajja-money.html
(24) 2/24/12 (GREECE) Former Greek bank head’s Swiss accounts frozen – reports
http://www.euronews.net/2012/02/24/former-greek-bank-head-s-swiss-accounts-frozen-reports/
.......................................
MISC EVENTS
(1) 2/23/12 (JAPAN) HSBC quits Japan consumer banking. HSBC says it will pull out of the consumer banking market in Japan by shutting down six branches. It started the business in Japan four years ago. The bank said it will gradually phase out services for retail clients, but will continue serving corporate customers. HSBC is undergoing a major revamp of its global operations. Last year, it said it would withdraw from "quite a few" retail banking markets over the next few years.
http://rthk.hk/rthk/news/englishnews/20120223/news_20120223_56_820764.htm
PENDING GOVERNMENT BANKER RESIGNATIONS, CURRENT PROSECUTIONS AND INVESTIGATIONS
(1) 7/11/11 (TURKEY) 30 public officials to be prosecuted for aiding, abetting Dink's murder
http://www.todayszaman.com/news-263081-30-public-officials-to-be-prosecuted-for-aiding-abetting-dinks-murder.html
(2) 12/30/11 (CHINA) Former government official prosecuted for enslavement
http://radio86.com/news/former-government-official-prosecuted-enslavement
(3) 1/06/12 (SWITZERLAND) Additional information on violation of bank client confidentiality by employee of Bank Sarasin http://www.sarasin.ch/internet/iech/en/index_iech/about_us_iech/investor_relations_iech/ir_news_iech.htm?reference=134093&checkSum=A443A2FBC6393D39377469026E48EF22
(4) 1/13/12 (SWITZERLAND) Police have interviewed Swiss People’s Party strongman Christoph Blocher as part of an investigation into the leaking of bank data in the Hildebrand affair. An IT worker at Bank Sarasin has admitted passing the confidential information to a lawyer. The bank fired the employee and pressed criminal charges against the employee and unnamed third persons for violations of bank client confidentiality [ITS TOUGH TO BE A BANK WHISTLEBLOWER IN SWITZERLAND!]
http://www.swissinfo.ch/eng/politics/Police_interview_Blocher_in_Hildebrand_affair.html?cid=31939476
(5) 2/6/12 (ROMANIA) Romanian prime minister and cabinet resign en masse
http://www.guardian.co.uk/world/2012/feb/06/romania-pm-cabinet-resign
(6) 2/15/12 (KENYA) Parliamentary committee calls for Kenyan governor to resign Parliamentary Select Committee finds governor's "conduct and behaviour incompatible with the holder of the office of governor of the Central Bank of Kenya"; calls for resignation
http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign
(7) 2/15/12 (UNITED KINGDOM) Hedge fund boss whose explosive emails finally caught up with him
http://www.telegraph.co.uk/finance/financial-crime/9085471/Hedge-fund-boss-whose-explosive-emails-
finally-caught-up-with-him.html
(8) 2/16/12 (PHILLIPINES) Koko Pimentel wants defense, prosecution both punished
http://www.gmanetwork.com/news/story/248254/news/nation/koko-pimentel-wants-defense-prosecution-both-punished
(9) 2/16/12 (JAPAN) Kikukawa, six others arrested as Olympus investigation continues
http://www.imaging-resource.com/news/2012/02/16/kikukawa-six-others-arrested-as-olympus-investigation-continues
(10) 2/17/12 (PAKISTAN) Prime Minister to be prosecuted
http://www.pmln.org/media/nd_4641_prime-minister-to-be-prosecuted.pmln
(11) 2/17/12 (GREECE) Culture minister quits over Olympia museum burglary - AFP - Greek Culture Minister Pavlos Geroulanos resigned Friday after masked armed robbers stole more than 60 ancient objects of "incalculable" value, including a gold ring, from a museum in Olympia. Sixty-eight objects were whisked from a museum...
http://www.france24.com/en/20120217-greece-security-olympia-museum-theft-resignation-culture-minister-geroulanos
(12) 2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges)
http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html
(13) 2/21/12 (PAKISTAN) GOVERNMENT OFFICIALS PROSECUTED
Pakistan Vows to Arrest Former President Musharraf for Bhutto Assassination
http://www.cnn.com/2012/02/21/world/asia/pakistan-musharraf/?hpt=wo_bn4
(14) 2/21/12 (YEMEN) Saleh's deputy takes power in Yemen vote as sole candidate
http://www.reuters.com/article/2012/02/21/us-yemen-idUSTRE81J0RQ20120221
(15) 2/21/12 (PAKISTAN) GOVERNMENT OFFICIALS PROSECUTED
Pakistan Vows to Arrest Former President Musharraf for Bhutto Assassination
http://www.cnn.com/2012/02/21/world/asia/pakistan-musharraf/?hpt=wo_bn4
(16) 2/21/12 (USA) Citigroup Whistle-Blower Says Bank’s ‘Brute Force’ Hid Bad Loans
http://www.businessweek.com/news/2012-02-21/citigroup-whistle-blower-says-bank-s-brute-force-hid-bad-loans.html
(17) 2/22/12 (INDIA) Mumbai: The Bombay High Court on Wednesday directed Mumbai Police Commissioner Arup Patnaik to register an FIR against Mumbai Congress President Kripashankar Singh for criminal misconduct under the Prevention of Corruption Act and has asked the Commissioner to attach all immovable properties belonging to Singh and his family. Kripashankar Singh has resigned as Mumbai Congress chief following the court directive.
http://ibnlive.in.com/news/mumbai-cong-chief-quits-after-hc-procecution-order/232752-37-64.html
(18) 2/22/12 (AUSTRALIA) Former Prime Minister Kevin Rudd resigns as Foreign Minister
http://www.news.com.au/breaking-news/former-prime-minister-kevin-rudd-resigns-as-foreign-minister/story-e6frfku0-1226278542431
(19) 2/23/12 (SWITZERLAND) Sarasin also said on Thursday it had sold its stake in Neue Zuercher Bank (NZB), one of the 11 banks under investigation by U.S. officials, in an attempt to isolate itself from problem U.S. client assets. The global crackdown on tax evasion by cash-strapped governments is causing a big shake-up in Swiss private banking that is prompting a wave of consolidation as many smaller players struggle to survive without the lucrative business of managing untaxed assets. Straehle said the fact the bank's future was secure now Safra had taken a stake should mean the bank can return to a growth path and poach staff from other struggling players. "We are convinced that our focus on sustainability and tax-compliant assets will pay off in the long run and that with the backing of Safra as a well-capitalised majority shareholder we can look forward to exciting prospects," he said.
http://www.reuters.com/article/2012/02/23/sarasin-idUSL5E8DN2RW20120223
(20) 2/24/12 (HAITI) Haiti prime minister abruptly resigns post Conille, a physician who previously served as an aide to Bill Clinton in the former U.S. president's role as U.N. envoy to Haiti http://trib.com/news/world/haiti-prime-minister-abruptly-resigns-post/article_6fcdcb65-de9d-5c91-95ee-
231a98736162.html
(21) 2/24/12 (NEW ZEALAND) The four directors of Lombard Finance - including former cabinet ministers Sir Douglas Graham and William Jeffries - have been found guilty of making untrue statements in the company's offer documents.
http://www.odt.co.nz/news/national/198940/former-ministers-found-guilty
(22) 2/24/12 (UNITED KINGDOM) Banker Mukhtar Ablyazov 'fled to France on coach' Mukhtar Ablyazov, the millionaire banker sentenced to 22 months in prison for contempt of court, has fled the UK and is understood to be hiding in France, a court heard. Ablyazov, the former chairman of BTA Bank, is alleged to have conducted fraud "on epic scale" while in charge of the bank. He fled to the UK after leaving the bank, claiming asylum against political persecution. The case against him alleges he misappropriated billions of pounds while in charge of BTA. In related cases, two other individuals - Paul Kythreotis, a business associate of Ablyazov, and Syrym Shalabayev, brother-in-law and associate of Ablyazov - have been sentenced to prison for contempt.
http://www.telegraph.co.uk/finance/financial-crime/9104787/Banker-Mukhtar-Ablyazov-fled-to-France-on-coach.html
(23) 2/24/12 (UGANDA) Police quiz Uganda Central Bank Governor Mutebile overpayment guaranteed city businessman Hassan Basajjabalaba UGS142 billion. Ministers call for Mutebile's resignation.
http://www.newvision.co.ug/news/629242-Police-quiz-Mutebile-over-Bassajja-money.html
(24) 2/24/12 (GREECE) Former Greek bank head’s Swiss accounts frozen – reports
http://www.euronews.net/2012/02/24/former-greek-bank-head-s-swiss-accounts-frozen-reports/
.......................................
MISC EVENTS
(1) 2/23/12 (JAPAN) HSBC quits Japan consumer banking. HSBC says it will pull out of the consumer banking market in Japan by shutting down six branches. It started the business in Japan four years ago. The bank said it will gradually phase out services for retail clients, but will continue serving corporate customers. HSBC is undergoing a major revamp of its global operations. Last year, it said it would withdraw from "quite a few" retail banking markets over the next few years.
http://rthk.hk/rthk/news/englishnews/20120223/news_20120223_56_820764.htm
