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Executive pay packages have long been structured to reflect performance. But one key task that often gets short shrift from bank directors and CEOs is succession planning. Now pressure is mounting for that to change.
May 13 -
HV Bancorp in Huntingdon Valley, Pa., has filed to sell more than $13 million in stock as part of its planned conversion to a stock company.
May 13 -
Progreso CEO Raul Vazquez discusses the firm's strategic plans and speaks out for the first time about the Hispanic lender's connections to retail giant Wal-Mart.
May 13 -
Home prices nationwide jumped by 11.3% in the fourth quarter from a year earlier, according to an analysis released Tuesday by CoreLogic, a financial data firm.
May 13 -
A new war is brewing between banks and their customers, and the fight is going public.
May 13 -
BitPay, an Atlanta-based company that processes payments in the digital currency Bitcoin, said it secured $30 million in venture capital funding.
May 13 -
Six years after an investigation revealed EDebitPay LLC, Dale P. Cleveland and William R. Wilson and three now-defunct companies debited consumers' bank accounts without consent, checks totaling $3.7 million are finally on their way to the consumers.
May 13 -
Doral, under pressure from the FDIC to boost capital or sell assets, is demanding a refund from the territory tied to certain receivables. The capital issue prompted to downgrades from several ratings agencies.
May 13 -
Huntington Bancshares (HBAN) in Columbus, Ohio, has snagged an executive from an in-state rival to manage an important investment business.
May 13 -
Bank boards are busier than ever, but that's no excuse for putting succession planning on the back burner, say consultants Peter Thies and Ollie Sommer.
May 13
