* Hires ex-BofA exec Griffith
* Griffith to be v-p & COO of Radian Guaranty
March 2 Radian Group Inc (RDN.N) appointed former Bank of America (BAC.N) executive Robert Griffith as chief operating officer of its mortgage insurance unit, Radian Guaranty Inc.
Griffith, who most recently worked as senior vice president for Bank of America, will report to Radian Guaranty's president Teresa Bryce, the Philadelphia-based company said in a statement.
Radian Guaranty provides mortgage insurance to protect lenders against loan default and to enable homebuyers to purchase homes more quickly and with smaller down payments.
Radian's mortgage insurance business has been making losses for the past two quarters on higher provisions for bad loans.
Last week, Radian reported a narrower-than-expected quarterly loss on slower rate of new delinquencies, and said it expects excess liquidity through 2012. (Reporting by Sweta Singh in Bangalore; Editing by Gopakumar Warrier)
BRIEF-Icahn Enterprises announces extension of tender offer for all outstanding shares of common stock of Federal-Mogul Holdings
* Icahn Enterprises L.P. announces extension of tender offer for all outstanding shares of common stock of Federal-Mogul Holdings Corporation Source text for Eikon: Further company coverage:
RPT-Deutsche Bank drastically cuts 2016 bonuses - sources
NEW YORK/FRANKFURT, Jan 18 Deutsche Bank has decided to cut bonuses drastically as struggles to turn a profit amid costly litigation, people close to the matter said.