Compensation
Compensation
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Several members of George W. Bush's second-term team are expected to get senior positions at Treasury; Gorman gets a 7% pay hike, while Goldman bonuses shrink.
January 23 -
JPMorgan Chase increased Chief Executive Jamie Dimon’s compensation by 3.7% for last year as the bank’s stock advanced 31%.
January 19 -
Veteran CEO will step down after 20 years with the $217.9 million CU, 13 of them as CEO.
January 19 -
From preparing Generations X and Y to replace baby boomers in leadership positions and enticing more demanding millennials to finding compliance talent and integrating divergent staffs post-merger, HR executives cited a variety of issues they expect to be tackling this year.
January 18 -
The Obama administration took two last-minute swipes at JPMorgan Chase, accusing the lender in separate lawsuits of discriminating against minorities in home lending and against its own female employees by paying them less than their male counterparts.
January 18 -
The embattled company's new incentive pay plan appears to resemble those used by other banks, which suggests that regulators are unlikely to demand big changes throughout the sector.
January 17 -
Wells Fargo to introduce new pay plan; banks borrowing increases; banks transforming brokers
January 9 -
Wells Fargo's retail-banking chief will unveil the bank's new compensation plan next week.
January 6 -
The focus of banks' sales practices should be less about unit-based incentives, and more about developing a full relationship with customers and doing what's in their best interest.
December 12 -
Post-crisis regulations were not only costly but may have undermined executive accountability by turning CEOs into compliance managers instead of drivers of business decisions.
November 30 -
PNC and First Data see a benefit in tailoring the health care experience with a focus on the consumer, and are working to enable that process by funding a cloud-based IT company that digitizes medical office management.
November 23 -
Wells Fargo has been knocked off its pedestal, but it is imperative that the company move forward and put this episode behind it.
October 5 -
Last week's Senate hearing was bad for Wells Fargo CEO John Stumpf, but Thursday's House appearance was even worse. Lawmakers moved beyond calling for Stumpf to resign, and said Wells Fargo should be broken up and Stumpf should go to jail.
September 29 -
Compensation rules mandated by Dodd-Frank are a potential tool to make executives accountable for misconduct like the Wells Fargo scandal, if regulators are willing to use it.
September 20 -
Heightened risk management standards and the "three lines of defense" are supposed to help banks ward off scandal, but they failed miserably.
September 12 -
The alleged practices at the heart of Well Fargo's settlement were fueled by a short-term incentive system that is detached from broader goals.
September 12 -
The leading Democrat on the Senate Banking Committee said Tuesday he was "optimistic" about lawmakers' making changes to improve the Dodd-Frank Act next year, while lauding JPMorgan Chase's decision to raise its minimum wage from $10.15 an hour to $12.
July 12 - Smartwatch tells ‘what’s going on in your body’
Health is one of key areas of interest for Apple developers, says Tim Cook.
May 24








