The more that compensation designs depart from well-grounded pay-for-performance principles, including appropriate metrics and actual financial results, the less effective they are as an incentive...
Receiving Wide Coverage ... Fed's Mixed Message: The Federal Reserve sent a "garbled message" about the fate of its QE3 program on Wednesday. First, Chairman... 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.
It's hard to believe but true: more than 700 banks maintained a pristine Camels 1 rating throughout the six-year period bracketing the financial crisis. New Fed research shows why.
Henry Holt & Co. announced a deal with Elizabeth Warren for her account of founding the CFPB, her Massachusetts Senate race and advocacy for the middle class.
Assistant Attorney General Mythili Raman acknowledges "complexities" in investigating bigger banks but tells a House panel that they "do not equal immunity" from criminal action.
Federal Reserve Board Chairman Ben Bernanke told lawmakers that his concerns about financial stability risks from historically low interest rates have "increased a bit."
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Lawmakers on the House Financial Services Committee grilled Treasury Secretary Jacob Lew on Wednesday over various policy issues, including the Volcker rule, mortgage finance reform and the Internal Revenue Service scandal.
Wells Fargo CEO John Stumpf said that he believes the government-sponsored enterprises need to be retained in some form because the guarantee they provide is important to investors.
Now that shareholders have agreed to let Jamie Dimon keep both his jobs at JPMorgan Chase, the chairman and chief executive must resolve several pressing issues. Among them: succession, board composition and mounting regulatory scrutiny.
Lawmakers blasted senior officials at the Consumer Financial Protection Bureau on Tuesday, arguing they were too rigid with recently finalized mortgage rules that could choke off access to credit.
Scores of foreign banks with very small U.S. operations still find themselves drafting "living wills" to provide U.S. regulators with a roadmap to their hypothetical failures, leading to calls for a lighter requirement.
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