Compensation
Compensation
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Nathan Saller was tapped to replace President and CEO Michael L’Ecuyer, who is set to retire Oct. 1.
March 29 -
Credit unions have hired and promoted executives in member business lending, relationship management and more.
March 28 -
Seeking a way to help its employed shoppers manage their money, the Instacart grocery payments and delivery service is partnering with e-commerce payments provider Stripe to offer an Instant Cashout option.
March 28 -
More attention should be paid to strategically preventing and mitigating problems that harm bank reputations.
March 28 -
Swedbank fires its CEO as New York State DFS probes alleged money laundering; the underperforming unit will be overseen by CEO Jes Staley.
March 28 -
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 -
Deutsche Bank employees in the U.S. received the lion's share of bonuses as the lender sought to retain top performers following cuts to the investment bank there.
March 22 -
Financial institutions will likely continue to exercise caution in the wake of Facebook's announcement that it’s restricting the way providers of housing, employment and credit advertise on its site.
March 22 -
Shift toward computerized, quantitative trading helps women advance; big bank stocks are on a pace for their worst week since December.
March 22 -
Banks will likely continue to exercise caution in the wake of Facebook's announcement that it’s restricting the way providers of housing, employment and credit advertise on its site.
March 21 -
The Swiss bank’s CEO calls the trading environment “one of the worst in recent history”; 10,000 of German bank's U.S. employees fret over their future.
March 21



















