General Motors Co (GM.N) wants to pay its chief executive, Dan Akerson, $11.1 million this year, CNBC reported, citing related documents.
If the U.S. government approve the plan, Akerson's annual compensation would increase more than 20 percent compared to last year, the report said.
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Reserve Bank of India Governor Raghuram Rajan on Thursday said central bank and government efforts to clean up banks' balance sheets would be successful, and warned analysts against "scare-mongering" about the level of stressed assets in the sector. Full Article