| First National Bank of Pennsylvania repaying $100.3 million in TARP funds First National Bank of Pennsylvania Corp., Pittsburgh’s eighth largest bank, said Wednesday it will redeem the preferred stock it sold to the U.S. Treasury Department. F.N.B. (NYSE:FNB) received $100 million through the government’s Capital Purchase Program of the Troubled Asset Relief Program in January 2009. (FNB) feeds.bizjournals.com |
Obama asks Wall Street to back financial reform President Barack Obama went to Wall Street Monday on the one-year anniversary of Lehman Bros.’ failure to deliver a message: Now that the worst of the financial crisis is over, the industry “cannot resume taking risks without regard for consequences.” feeds.bizjournals.com |
Drug Supply Chain: Winners and Losers (Morningstar.com) We analyze the trends affecting retail drugstores, distributors, and PBMs. us.rd.yahoo.com |
WSJ: Morgan Stanley looking to overhaul pay plan (AP) Morgan Stanley is considering the way it compensates its top executives, looking to defer more pay and benchmark salaries against rivals, The Wall Street Journal reported Monday, citing people familiar with the matter. us.rd.yahoo.com |
Suit ability: The new uniform of power (at FT.com) Chances are Jamie Dimon, the chief executive of JP Morgan Chase, and Lloyd Blankfein, chief executive of Goldman Sachs , did not call each other in advance to discuss what they planned to wear at their testimony before the Financial Crisis Inquiry Commission in Washington DC. us.rd.yahoo.com |