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Financial Services, Insurance and Banking  : Displaying 40-44 of 48


Mexico’s Other Crisis: Foreign Banks
by Kent PatersonSpecial to CorpWatch
May 15th, 2009
The worldwide financial crisis is hitting people in the Global South with particular venom, and disaster profiteering is alive and well. Take Mexico. While entities like Citigroup-owned Banamex get away with charging Mexican credit account-holders usurious interest rates of up to 100 percent, Banamex itself turned nearly $1 billion in profits in 2008.

An Uncomfortable Spotlight in Davos
by Pratap ChatterjeeSpecial to CorpWatch
January 31st, 2008
The CEOs of three-quarters of the world's 100 largest companies have just completed an uncomfortable weekend at the tiny Swiss ski resort of Davos, while their companies' share prices nosedived on global stock markets, amid concern that the U.S. economy is staggering towards recession.

Soaring Executive Pay Attacked by Shareholder Activists
by Sam PizzigatiSpecial to CorpWatch
June 26th, 2007
Last year, the CEOs of the 500 biggest U.S. companies averaged $15.2 million in total annual compensation, according to Forbes business magazine’s annual executive pay survey. The top eight CEOs on the Forbes list each pocketed over $100 million. Stunning numbers like these have moved executive pay onto America’s political radar screen.

Bad Faith: Fraud in the Insurance Industry
by Ray BourhisSpecial to CorpWatch
August 24th, 2005
When individuals sue major corporations, the odds are stacked against them. One woman's fight against an insurance giant details those odds and what it takes to beat them.

Adding Insult to Injury
by David PhinneySpecial to CorpWatch
May 24th, 2005
Many Halliburton contractors leave Iraq with debilitating injuries and deep psychological scars. Then they return home only to find that the insurance they need to rebuild their lives is out of reach.