Word: stress
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...four of that bank's 17 independent board members have a background in the financial-services industry. And even among that group, only two have been executives at a bank. Fifth Third Bancorp, which was deemed to need an additional $1.1 billion in capital in the government's recent stress test, has no independent directors on its board with prior experience working at a bank. Two of its board members do have financial-services experience, but with insurance companies. At JPMorgan Chase, none of the 10 independent members of its board have held a position at a financial-services company...
...part of the recent stress tests, regulators said they plan to review the boards of the nation's largest banks. The 10 banks that were deemed in the test to not have enough capital were given until June 8 to present Treasury with a plan for how they will raise the required funds. Besides reviewing the plans, government officials have said they plan to weigh in on whether they think the banks' leadership is adequate as well. One of the main factors the government will reportedly be looking at is whether the banks have a sufficiently deep bench of financially...
...rhythms are very southern African but because I understand the language, it relates to my culture—the rhythm of it all and the connection between the audience and the performer,” Naseemah says.“It is very organic and low stress,” said W. Hugo Van Vuuren ’07, who was born and raised in South Africa. “It connects people across years and countries.” Van Vuuren credits the Harvard Gumboots group for enabling him to discover more about his own country?...
...timing notwithstanding, it is commendable that President Faust went to Kirkland on Monday evening to reassure students. That night, she was visible and accountable. And yet we clearly need to reform the emergency contact systems,so that only accurate information is disseminated and such information minimizes fear and stress. In the same light, the administration must use those principles of openness and honesty to reform the way it involves students in decision-making beyond public safety crises, particularly when these decisions affect students’ lives at Harvard. Only through dialogue can the administration foster the feeling of trust that...
...Told relatives he was traveling to Asia to write about people coping with stress and abuse. A Mormon, he reportedly said he planned to write a "faith-based" book on heroism...