Twelve months ago, the treasury team at Gilead Sciences, Inc., a fast-growing biopharmaceutical business that develops and produces treatments for some of the world’s deadliest diseases, faced some critical challenges. The company brings in close to $10 billion in annual revenue through operations in more than 30 countries. Yet its small treasury staff was spending more time on transaction processing than on analysis, and manual data entry put the company at risk for errors.
Under a proposed policy change approved Jan. 11 by the State Bar of Texas Executive Committee, the bar’s board would decide whether to uphold executive director decisions to withhold bar records requested by officers or directors of the organization.
"I have decided not to contest certain allegations and agree to resign," Judge Elizabeth W. Johnson said in a letter. "This is so voters can make a reasoned and informed choice about who should be their next judge without distractions about me."
Basel III agreement completes the post-crisis regulatory framework.
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