Compensation
Compensation
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The Canadian bank recently caught flak over an ad in one of its branches that was seen as a slight against the diverse Boston community of Dorchester. Here’s what other bankers can take away from the episode.
March 27 -
The Federal Housing Finance Agency, by allowing Fannie Mae and Freddie Mac to split the CEO and president positions, let the companies dodge a congressionally mandated cap on executive salaries, the regulator's inspector general said.
March 27 -
The Association for Black Economic Power will receive an interest-free forgivable loan and a grant from the city to help pay for a retail space and equipment for the effort.
March 27 -
There’s currently a focus on investing in technology and data to remain competitive, but financial firms also need to ensure they are helping workers adapt, argues Synchrony’s Margaret Keane.
March 27 -
James Mears has served as COO of the Newport News, Va.-based institution for 15 years.
March 26 -
Karen Duffy, the veteran leader of the Massachusetts-based CU, will retire on Aug. 31.
March 26 -
Artificial intelligence lets banks predict employee misconduct; banks will get more flexibility on how they count rate swaps.
March 26 -
Goldman Sachs pays women in the U.K. an average of 50.6 percent less than male colleagues per hour, although this is an improvement on the 56 percent gap the Wall Street firm reported a year ago.
March 25 -
In a post to a social networking site, Rachel Pross, chief risk officer at an Oregon institution, described unwanted touches and inappropriate comments by male executives and directors at the event.
March 22 -
Alongside identity-document scanning and other ID verification, the two companies are offering real-time checks of lists of suspicious persons. The goal: keep money launderers out of the banking system.
March 22