Compensation
Compensation
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Bank of America investors on Wednesday voted against pressing the company to disclose more insightful data about disparities between men's and women's compensation. Shareholders at Wells and Bank of New York Mellon recently rejected similar measures.
April 24 -
Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night.
April 24 -
JPMorgan Chase promoted 117 employees to managing director in its corporate and investment bank, with women representing a little more than a quarter of the total (a record percentage), a person briefed on the changes said.
April 24 -
The Raleigh, N.C.-based institution said it also has more than 500 employees.
April 23 -
Credit unions have elected new board members and named new branch managers while other employees were recognized for their dedication.
April 23 -
The bank is investing more in its digital capabilities, according to The Cincinnati Enquirer.
April 22 -
Credit unions are helping students pay for college with scholarships in addition to getting involved in their communities in other ways.
April 22 -
Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.
April 22 -
At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.
April 21 -
The current compensation rule, which was last updated more than two decades ago, is confusing, industry experts said.
April 18