Fabrizio Costantini for The New York Times Mark L. Reuss, president of GM North America. The return of General Motors as a publicly traded company should immediately help the automaker regain credibility with consumers who shunned its cars because of the government bailout, a senior company executive said on Thursday. Mark L. Reuss, president of [...]
Michel Euler/Associated Press Stephen A. Schwarzman, the chief executive of the Blackstone Group, is critical of the new Basel III regulations. SEOUL, South Korea – Stephen A. Schwarzman, the chairman and chief executive of the Blackstone Group, is not happy about the Basel III regulations that leaders of the world’s biggest economies are set to [...]
Fred Thornhill/Reuters Gerald Schwartz, chairman and chief executive of the Onex Corporation. Onex, the Canadian private equity firm, announced its third-quarter earnings on Wednesday. DealBook readers should care about this for a few reasons. First, Onex is a formidable player on the global buyout scene, having struck among the largest buyouts this year with its [...]
While the American International Group continues its effort to remove the federal government’s massive ownership stake in itself — incurring a $2.4 billion loss for its third quarter in the process — there’s another consideration hanging over the insurer: the health of its chief executive. But in an interview on Friday, the executive, Robert H. [...]
By THOMAS KAPLAN 6:32 p.m. | Updated The chief executive of Exco Resources has teamed up with the billionaire oilman T. Boone Pickens and two private investment firms to make a $4.36 billion takeover bid for the natural gas producer, whose stock has slumped 30 percent this year. The offer, announced Monday, is for $20.50 [...]
Yuri Gripas/Reuters Robert H. Benmosche, A.I.G.’s chief executive. By MICHAEL J. de la MERCED 7:46 p.m. | Updated The American International Group said Monday that its chief executive, Robert H. Benmosche, has cancer and that he is undergoing “aggressive” treatment. Mr. Benmosche’s cancer was discovered recently. The type was not made public. He will maintain [...]
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