Consumer banking
Consumer banking
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Median pay for CEOs at banks with less than $20 billion of assets was about a tenth of the median amount for bosses at banks with more than $100 billion of assets in American Banker's 2013 compensation survey. Growth in pay from 2011 was about even between the two groups, however. Here are some of the most richly rewarded chiefs among the smaller banks. Ratings of the banks' pay practices, on a scale from A to F, are provided by GMI Ratings, a governance watchdog. Figures are for 2012; GMI assessments are as of April 29.
April 30 -
CEO pay rose a median 11% in 2012 among a group of 149 banks. Here are some of the most highly paid bank bosses of the year. Ratings of the banks' pay practices, on a scale from A to F, are provided by GMI Ratings, a governance watchdog. Figures are for 2012; GMI assessments are as of April 29.
April 30 -
CORINTH, N.Y. Hudson River Community CU has moved into a new, $3-million operations center here.
April 29 -
Heartland Financial USA (HTLF) in Dubuque, Iowa, reported lower quarterly earnings as compensation expenses rose.
April 29 -
Capitol Federal Financial in Topeka, Kan., reported lower quarterly profit as its interest income fell and compensation costs rose.
April 29 -
Business Bancshares in St. Louis has exited the Troubled Asset Relief Program.
April 29 -
Higher interest income and wider margins lifted BNC Bancorp (BNCN) in the first quarter.
April 29 -
Two executives of the former Southern Community Financial in North Carolina claim that they were "unceremoniously fired" because they refused to surrender their severance deals before Capital Bank bought their company.
April 29 -
We've profiled six bankers who raise the act of connecting with their communities to an art form. They are from different institutions in different parts of the country, and each has a different story.
April 29 -
Capital problems at smaller banks are likely to push more of them to sell, and many of them should put their holding company through bankruptcy to facilitate deals, says Evan Tomaskovic, a partner at Carl Marks Advisory Group.
April 29 -
WASHINGTON — The Consumer Financial Protection Bureau Monday finalized its rule to help stay-at-home partners get a credit card.
April 29 -
Tens of thousands of homeowners who took out mortgages with Goldman Sachs and Morgan Stanley will begin to receive their settlement payments this week for botched foreclosure practices.
April 29 -
With a federal moratorium on commercial ownership of industrial loan companies coming to an end, the question of whether retailers and other nonfinancial firms should own banks has been turned on its head in the wake of the crisis and Dodd-Frank.
April 29 -
The best incentive banks have to strengthen their cyber defenses? To preserve customer trust.
April 29 -
Frank Bisignano explains why he left his role as co-COO at JPMorgan Chase to become CEO of First Data, and what his plans are for the payments processor.
April 29 -
A heightened regulatory focus may be a direct result of early positioning as a business distanced from the rest of the payments industry, which may be keeping more banks from offering prepaid products.
April 29 -
An increase in interest income and drop in expenses lifted Old National Bancorp (ONB) in Evansville, Ind., last quarter.
April 29 -
Some of the most influential women in payments, with backgrounds at American Express, Fifth Third, Fiserv and other companies, share what they learned as they advanced their careers.
April 29 -
Porter Bancorp (PBIB) in Louisville, Ky., has picked Joseph Seiler to head commercial banking.
April 29 -
Building a nation of savers will keep more money in our economy, make responsible credit more accessible and improve resiliency when setbacks occur.
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