resign

Bank of America Corp. reportedly has lost a team of six investment bankers specializing in power companies in Asia. The probable reason to Chapman’s team moving to Barclays could be the result of the U.K.’s third-largest bank having bought Lehman’s U.S. business last year.

The Office of Thrift Supervision has announced that its acting director, Scott Polakoff, was placed on leave "pending a review by the Department of the Treasury of the OTS' August 2008 actions." Treasury Secretary Timothy Geithner has named OTS Chief Counsel John Bowman for replacing Polakoff as acting director.

Polakoff was assigned to the position of an acting-director position after OTS Director John Reich had resigned last month.

At the opening session of ICANN's 34th International Public Meeting in Mexico City Paul Twomey, the President and Chief Executive Officer of ICANN, announced his decision to resign from his position. 1,200 attendees from every corner of the globe learned that Twomey had advised ICANN's Board of Directors that he will not seek renewal of his contract and will move on from ICANN at the end of 2009.