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 ...
Bank executive compensation is gradually rising back up with improving bank profits. Publicly traded companies report this time of year pay levels in proxy statements filed with the U.S. Securities ...
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 ...
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 ...
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 ...
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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, ...
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 ...
(RTTNews) - German banking major Deutsche Bank AG disclosed in its annual report that total compensation awarded to its employees in 2020 was 10.1 billion euros, flat year-on-year. Variable ...
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 ...
LONDON (Reuters) - Compensation at the world's biggest banks rose last year, with 35 of them spending a combined 10 billion euros ($13.1 billion) more on staff than in 2011, figures compiled by ...
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