Compensation
Compensation
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Adrienne Harris said the New York State Department of Financial Services will concentrate more on issues that have a big impact on people’s pocketbooks. The agency announced a move Monday that will likely save money for consumers who rely on check cashers.
February 14 -
The program is aligned with an initiative Bank of Montreal started in 2019 to double its support for small businesses and female entrepreneurs.
February 14 -
JPMorgan Chase said fully vaccinated staff no longer need to wear masks anywhere in its U.S. buildings, amid an easing up in COVID-19 cases that’s paved the way for Wall Street staff to return to offices.
February 11 -
Wall Street executives are taking another crack at bringing staff back to the office. This time, they're hoping it sticks.
February 11 -
Toronto-Dominion Bank is adding child day care and elder care as eligible expenses for employees’ wellness accounts as lenders battle for talent and try to build workforces with greater diversity.
February 8 -
Earned wage access companies are finding that their product, which allows employees to receive a portion of their salary ahead of the traditional two-week cycle, can aid nurses and other professionals in addressing the work-life imbalance that contributes to the Great Resignation.
February 7 -
Bank of America boosted Chief Executive Brian Moynihan’s compensation 31% to $32 million for 2021, a year in which the firm set a record for profitability.
February 4 -
The cryptocurrency has made its way to the workplace.
February 4 -
Deutsche Bank is seeking to tighten oversight of employees' electronic communication amid a clampdown by U.S. regulators on the widespread use of services such as WhatsApp in the financial industry.
February 4 -
American Express is encouraging staffers in New York and the U.K. to start returning to the office next month as COVID-19 cases recede globally.
February 3 -
Citigroup created a new team inside its trading division that will focus on working closely with minority depository institutions and diverse broker-dealers and asset managers.
February 2 -
Wages, marketing spending and technology investments are all on the rise. While higher interest rates should eventually help tame inflation, it's not clear how quickly banks will be able to limit their spending increases.
February 1 -
Helena Haynes-Carter will lead the Cleveland bank’s efforts to hire and retain a diverse pool of employees.
February 1 -
The advisors’ success offers lessons for aspiring wealth professionals and brokerages aiming to change a predominantly white and male industry.
February 1 -
Deutsche Bank employees returned to the lender's headquarters in New York on Monday after working from home during the recent surge in COVID cases fueled by the omicron variant.
January 31 -
Solomon jumped alongside Morgan Stanley’s James Gorman as the best-paid CEO at a major U.S. bank, followed closely by Jamie Dimon at JPMorgan Chase.
January 30 -
Bank of America is among Wall Street firms seeking to hold onto employees at risk of being poached as competition for top performers escalates.
January 26 -
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The Toronto-based bank is ramping up hiring on both sides of the border and looking for expertise in cloud technology, machine learning and more.
January 26 -
Bank of America is rewarding almost all of its employees with a pool of $1 billion in restricted stock, further boosting compensation as financial firms compete to attract and retain workers.
January 25






















