The compensation structure for senior bank executives is now generally recognized as a problem. Bankers were rewarded for taking large risks: If the coin landed on heads, the bank (and the banker) ...
A growing number of bank leaders are expressing increased concerns about compensation, succession planning and talent acquisition and retention, according to a June 20 report from Bank Director’s 2023 ...
The Failed Bank Executives Clawback Act was introduced today by U.S. Sen. Mark R. Warner of Virginia. Warner, a member of the Senate Banking Committee, leans a bipartisan group of colleagues building ...
Brentwood, Tennessee, June 08, 2021 (GLOBE NEWSWIRE) -- Despite a challenging year for the U.S. economy, most banks increased pay and expanded benefits during the pandemic, according to Bank ...
Bank Director's 2025 Compensation & Talent Survey gauges hiring expectations, succession planning, executive development and CEO and board pay. According to the survey, banks, particularly smaller and ...
Senator Elizabeth Warren, D-Mass., is leading a piece of bipartisan legislation that would give the Federal Deposit Insurance Corp. greater power to claw back compensation from failed bank executives ...
Proxy materials filed Friday by Bank One Corp. provide new details about the sweeping changes in its management compensation plan, which Chief Executive Jamie Dimon is using to bind employees’ pay ...
On March 2 nd, the SEC moved forward to adopt a proposal requiring at least 50 percent of annual incentive compensation for executive officers of large financial firms to be deferred for no less than ...
Nashville, TN, June 16, 2020 (GLOBE NEWSWIRE) -- Brentwood, Tenn., June 16, 2020 - Each year, Bank Director releases the results of its Bank Compensation Survey, examining talent and pay trends. This ...
The Daily Overview on MSN
Bank breach exposes 400,000, and victims could be owed compensation
A massive cyberattack on a key banking technology provider has quietly put the identities of roughly 400,000 people at risk, ...
There are some people on Wall Street who earn millions of dollars in a year. But for the average person working at a big bank, compensation isn't astronomical — though it is high. NOTE: This data ...
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