Compensation
Compensation
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The banks announced bonuses, wage hikes and charitable contributions resulting from the lower corporate tax rate enacted by Congress.
January 2 -
Finding a perfect candidate could be tricky. Because the New York Fed oversees banks and operates in markets, someone with Wall Street experience is ideal — yet at the same time, it’s important to find a candidate who isn’t beholden to the banks. Some advisers are pushing for a woman or a minority to be appointed.
January 2 -
Two credit unions make a commitment to human resources, Iowa Credit Union League recognizes a trio of award winners and more CU professionals and volunteers in the news.
December 28 -
New Hall of Fame inductees and other award winners announced, plus more new hires and promotions at credit unions across the country.
December 26 -
Bank of America, PNC join a growing list of banks planning to use the anticipated savings from the reduction in the corporate tax rate to boost wages for employees.
December 22 -
It was a good year for CIT’s Ellen Alemany and JPM’s Sandie O’Connor, but Arjuna Capital’s Natasha Lamb hopes next year will be better. Mary Mack gets a bigger role at Wells Fargo, and Zoe Cruz gets a new one at Ripple. Plus, is Harvey Weinstein really Meryl Streep’s fault?
December 22 -
After Wells Fargo and Fifth Third said that the looming tax cut will allow them to raise pay, four smaller banks followed suit.
December 21 -
The Indiana CU League gets several new directors and other credit union professionals in the news.
December 21 -
Wells, Fifth Third, others plan to raise pay after tax reform; Joseph Otting backs a federal banking charter for online lenders.
December 21 -
Fifth Third said it will give a bonus or raise to about three-quarters of its employees while Wells Fargo raised its minimum hourly pay in the wake of Congress' passing a tax reform bill.
December 20 -
The $50 billion threshold replaced by a formula, but bill must be reconciled with Senate version; Fed, FDIC say the eight big banks still have work to do.
December 20 -
Major realignment of top talent changes the face of one credit union, plus more new hires, promotions and special recognition.
December 19 -
A new U.K. rule requiring firms to disclose their pay practices, combined with the increased attention on women's workplace issues in general, is forcing banks and other companies to be more forthcoming about what they are paying female employees.
December 19 -
Long-time CEO grew M&T Bank into a $120 billion regional lender; Jim McCarthy, a high-profile manager, didn’t inform company about relationships.
December 18 -
What's an industry challenger to do when it gets a lot of competitors of its own? Ally's Diane Morais has a plan. Heather Cox has inserted technologists into USAA's business lines, and outgoing Fed Chair Janet Yellen has achieved rock star status.
December 15 -
Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought.
December 15 -
A measure passed by the city council, which still needs final approval, would require banks that want city contracts to disclose whether they set individual or branch-level sales requirements. It comes in response to the Wells Fargo fake account scandal.
December 14 -
Certification program is aimed at executives looking to forward their careers in the credit union industry.
December 14 -
Interactive Brokers says it will allow customers to bet against the cybercurrency; aides to Alabama senator drafted for key regulatory positions to ease banking rules.
December 13 -
Educational Systems FCU gains a trio of interns, plus more new hires, promotions and awards.
December 12





















