Barclays axed its CEO just three years after he began the job in the name of strategic change and increased shareholder returns. This may be the first of many changes at the bank following a rate-fixing scandal.
Some things can't be summed up in 140 characters. Twitter Inc's announcement that Dick Costolo would exit as CEO on July 1 was long on plaudits but offered few clues on how the company will tackle its biggest problem: user growth.
Average executive compensation rose a median 32% in 2013 at exchanges compared to falling 10% in 2012--here are the 10 highest paid CEOs in the exchange and order execution space for fiscal year 2013 as reported by KBW.
With a 40-year plus career spanning all segments of the financial industry, Bill Brodsky, Chicago Board Options Exchange executive chairman, talks about the events that shaped the modern trading landscape, his role in them, and what’s next for the industry.