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The Big Banks Report Earnings and We Dig In

In this podcast, Motley Fool analysts Deidre Woollard and Jason Moser discuss: Bank of America's strong quarter. BNY Mellon's move to hold crypto for its clients. Why banks are pumping up their loan-loss reserves. Read More...

Reuters

‘Golden parachutes’ for 3 fired Twitter executives worth $122 million -Equilar

(Reuters) -Three top executives of Twitter Inc fired by new owner Elon Musk stand to receive separation payouts totaling some $122 million, research firm Equilar said on Friday. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal, and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter. In an email to Reuters, Equilar, known for its research on executive compensation, valued Agrawal’s so-called “golden parachute” at $57.4 million, while Segal’s was $44.5 million and Gadde’s was $20 million.

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