Compensation
Compensation
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Policies to shore up banks’ corporate cultures have remained a low priority even though some regulators want to attack the issue head on. Strengthening a firm’s ethical values may best be left to a bank’s internal brass.
March 29 -
Doug Martinez succeeds John Walling, who spent 39 years at the helm.
March 29 -
Mark Begor, a former long-time GE Capital executive, faces lots of challenges as the credit bureau recovers; CEO dismisses “widespread rumors” that the bank wants to replace him.
March 29 -
The North Carolina-based credit union will increase its starting pay to more than double the federal minimum wage.
March 28 -
Which industries have the highest prevalence of unwanted sexual conduct in the workplace? Will the #MeToo movement have a lasting impact? Key findings from a SourceMedia survey.
March 28 -
It’s tough enough to grapple with sexual harassment in the workplace. It’s more complex when clients are involved.
March 28 -
Traditional financial institutions would gain from adopting the innovative, consumer-focused mindset Amazon promotes. Hiring executives away from the e-commerce giant could help.
March 28 -
Senator is concerned about the San Francisco Fed chief’s track record; the gaps at three big banks are among the largest.
March 28 -
Optimism that the #MeToo movement will have a positive influence is high among bankers who participated in a recent survey on sexual harassment. But there is also concern that it could lead to gender discrimination in hiring and mentoring.
March 27 -
Alaska USA shakes up its operations, NuMark recognizes top employees and more new hires, promotions and honors.
March 27 -
In an interview with American Banker, the outgoing president of the Federal Reserve Bank of New York discussed changes in supervision, bank culture and his advice to his successor.
March 27 -
Bank of America pays female staff in Britain 28.7% less on average than male employees, according to a report released Tuesday.
March 27 -
Morgan Stanley also reported a wide disparity in gender pay, reflecting the greater proportion of men in top executive posts.
March 27 -
Payouts on Wall Street averaged $184,000, following only 2006’s record high; ethics office eying $500 million of real estate loans made to Trump son-in-law.
March 27 -
The departing New York Fed president said Monday that the banking industry should improve its culture, better aligning pay with long-term stability.
March 26 -
The Federal Reserve is facing a backlash over its lack of diversity in key positions after it emerged this weekend that John Williams, the current president of the San Francisco regional branch, is a front-runner to succeed William Dudley as head of the powerful New York Fed.
March 26 -
Luckily for Amazon, the OCC is no longer “the angry dad on the porch with a shotgun," trying to keep tech companies from hooking up with banks. JPMorgan Chase’s Amber Baldet can pack a room for a lesson on blockchains. And it is the end of catcalls in France.
March 23 -
Senate Democrats accused Housing and Urban Development Secretary Ben Carson and his agency of failing to enforce fair housing laws.
March 22 -
The North Carolina-based credit union is the latest to increase starting wages as part of the nationwide push to ensure all workers are paid a living wage.
March 22 -
MSUFCU boasts top female executive, SECU of Maryland names community market leaders and more new hires, promotions and awards.
March 22