Retail & Commercial

Median bank chief executive pay raises slowed from the year before but look healthy compared with stagnant revenues and languishing stock prices.

The sale, announced in July and completed Tuesday, included $3.2 billion in deposits. Financial terms of the deal were undisclosed.

Many large commercial banks must decide how to adapt their investment banking units to keep pace with changing regulations that could shrink ROE further, according to a report from BCG.

WASHINGTON — The Consumer Financial Protection Bureau is recommending that policymakers implement a nationwide financial education program into grade school as well as standardized tests.

The Consumer Financial Protection Bureau revised its final rule on international money transfers on Tuesday in an effort to lift the compliance burden on small banks.

Performance shares have become a larger part of bank pay packages in the wake of the financial crisis. Behind the trend are shareholders — and regulators — demanding greater accountability.

Expenses weighed down Old Line Bancshares (OLBK) in the first quarter. Earnings at the $869 million-asset company in Bowie, Md., fell 27.8% from a year earlier, to $1.3 million, or 19 cents per share.

Accelerate consumer adoption, refine the value proposition, align perception with values and begin planning for the next round.

The SEC is still working on rules for compensation clawbacks, but some banks have adopted stricter policies in response to pressure from activist shareholders like the New York City comptroller's office.

First Data is having a busy week. On Sunday it announced a new CEO, who started the job Monday. And today, it had a tough earnings call where the company admitted it could do more to leverage its considerable data to expand the services it sells to clients.