ICE more than doubled CEO’s pay to nearly $18 million in 2013
NEW YORK (Reuters) – Exchange operator IntercontinentalExchange Group more than doubled the total compensation of its chief executive, Jeffrey Sprecher, last year to just under $18 million, according to a regulatory filing.
Lawyer appeals ruling that blocks U.S. collection of award in Chevron Ecuador case
NEW YORK (Reuters) – A U.S. lawyer on Tuesday appealed a federal judge’s ruling that he used fraud to secure a multibillion-dollar pollution judgment against Chevron Corp in Ecuador, a decision that bars him from collecting a $9.5 billion award in the …
Microsoft shares flirt with dotcom-boom levels on iPad app report
(Reuters) – Microsoft Corp’s shares scaled levels last seen in the dotcom boom following reports that the company plans to unveil an iPad version of its Office software suite, potentially generating billions of dollars in revenue.
Wells Fargo leaves CEO Stumpf’s 2013 pay unchanged
(Reuters) – Wells Fargo & Co Chief Executive John Stumpf earned $19.3 million in 2013, identical to what he took home a year earlier, according to a filing with the U.S. Securities and Exchange Commission on Tuesday.
Exclusive: EU legal opinion opens door to Tobin tax on forex
LONDON (Reuters) – Deals from the multi-trillion euro a day foreign exchange market could in principle be included in a tax on financial transactions, a legal opinion from European Union lawyers seen by Reuters said.
Bankers fear leaks from ECB health check
FRANKFURT (Reuters) – Euro zone bankers are worried that sensitive information will leak out before the official publication of the bloc’s review of bank balance sheets, triggering speculation and making investors uneasy.
Peugeot agrees to state-backed chairman: sources
PARIS (Reuters) – PSA Peugeot Citroen’s board agreed on Tuesday to nominate French civil servant Louis Gallois as its next chairman, sources said, as the carmaker prepares for a 3 billion euro ($4.2 billion) tie-up with China’s Dongfeng Motor Group .
Bankers sidestepping bonus cap face regulator action: EU’s Barnier
LONDON (Reuters) – Bankers who sidestep a cap on their bonuses will face action from the European Union’s banking regulator, the bloc’s financial services chief said on Tuesday as he fought off calls to toughen up the measure.
Alibaba leaning toward NYSE listing: Wall Street Journal
(Reuters) – Chinese e-commerce company Alibaba Group Holding Ltd is leaning toward listing its shares on IntercontinentalExchange Group’s New York Stock Exchange instead of Nasdaq OMX Group’s exchange, according to the Wall Street Journal.
Peugeot agrees to state-backed chairman: sources
PARIS (Reuters) – PSA Peugeot Citroen’s board agreed on Tuesday to nominate French civil servant Louis Gallois as its next chairman, sources said, as the carmaker prepares for a 3 billion euro ($4.2 billion) tie-up with China’s Dongfeng Motor Group .
