Compensation
Compensation
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Chief executives of Wall Street's largest banks were awarded record pay packages last year as profits soared. Nearly 2,500 miles away, the CEO of a little-known online lender, born at the height of the dot-com bubble, quietly outearned them all.
April 11 -
Tanya Hobson will take over for Mechelle Johnson, who will step down in June after 24 years at the helm of the South Dakota-based institution.
April 10 -
Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks.
April 10 -
Credit unions have promoted and hired employees in a variety of areas, including membership experience and operations, marketing, real estate lending and collections.
April 9 -
Bank of America plans to raise its minimum wage to $20 an hour over two years. The baseline will rise to $17 on May 1 and then climb to $20 in 2021, the company said.
April 9 -
Since Wells Fargo’s phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it’s a different story.
April 7 -
Mark Fierro, who was previously the CUSO's chief operations officer, was named as interim CEO late last year.
April 5 -
Community banks are relying more on analytics, incentives and business partnerships in hopes of stemming an outflow of deposit relationships.
April 5 -
Credit unions are losing ground to community banks when it comes to customer satisfaction. Here's how to reverse that trend.
April 4 -
Bank managers should remember their roots and keep their hands in business development, even as they climb the ranks.
April 4