Loan performance data show the entire case against GSE underwriting standards, and their role in the financial crisis, is based on social stereotyping, smoke and... Read More
Receiving Wide Coverage ... Deriving Pleasure: Too many price quotes will increase trading costs and reduce liquidity. That is the curious (if not spurious) story... Read More
The latest monthly reports from credit card issuers provide more evidence that loss rates will stay abnormally low longer than thought just a few months ago.
The SEC is still working on rules for compensation clawbacks, but some banks have adopted stricter policies in response to pressure from activist shareholders like the New York City comptroller's office.
Performance shares have become a larger part of bank pay packages in the wake of the financial crisis. Behind the trend are shareholders — and regulators — demanding greater accountability.
Two executives of the former Southern Community in North Carolina claim in a lawsuit that they were "unceremoniously fired" because they refused to surrender their severance deals before Capital Bank bought their company.
The European trend to restrain CEO pay is gaining momentum in the U.S. It suggests the double-digit raises that American bank bosses have enjoyed the past few years may not last, writes Broc Romanek.
Rewriting the longstanding structures of corporate law and the roles and responsibilities of bank boards could create chaos in the global corporate and financial structures, writes John Alan James.
CEO pay rose a median 11% in 2012 among a group of 149 banks. Here are some of the most highly paid bank bosses of the year. Ratings of pay practices, on a scale from A to F, are provided by GMI Ratings.
Median pay for CEOs at banks with less than $20 billion of assets was about one-tenth of the median for bosses at banks with more than $100 billion of assets in our 2013 compensation survey.
