Compensation
Compensation
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Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate.
January 22 -
The Texas bank disclosed that James Dreibelbis, a longtime Woodforest executive, succeeded Nash as president and CEO in late December.
January 18 -
Citi is the first to share its unadjusted pay gap and lays out its goals for improvement. Bankers will be getting to know the progressive female freshmen who are storming D.C. a lot better. Plus, lots of fintech people moves and Gillette's take on toxic masculinity.
January 18 -
State Street Corp. said it’s laying off 1,500 staff as part of a plan to reduce costs.
January 18 -
The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.
January 18 -
Dimon’s pay package included $24.5 million of restricted stock tied to performance, an annual base salary of $1.5 million and a $5 million cash bonus.
January 17 -
Institutions across the country have announced new additions to their staffs and have recongized outstanding work by employees.
January 17 -
During the National Credit Union Administration's monthly meeting on Thursday, Chairman J. Mark McWatters noted that the agency was making progress on hiring more women and minorities.
January 17 -
The parent of Bell Bank said that the pending sale of Discovery Benefits is not a prelude to selling its bank.
January 17 -
Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.
January 17 -
The online student lender said it is reallocating some jobs and "sunsetting" others.
January 16 -
The new chair of the House Financial Services Committee has an ambitious set of priorities, but newly elected progressives could set up a conflict with more moderate Democrats on the panel.
January 16 -
The bank also reported that, among its U.S. employees, people of color earn 7% less than their white colleagues.
January 16 -
Emily Vaughan Alexanderson will lead a group focused on education, nonprofit, technology and life sciences clients.
January 15 -
George Rudolph will take over at Pennsylvania State Employees Credit Union in April as the institution's current president, Greg Smith, retires.
January 15 -
The Gray, Tenn.-based institution has named Kelly Smith as its temporary leader after Ron Scott resigned to move closer to family. He subsequently passed away.
January 14 -
With government workers off the job, some credit union call centers are extra busy as worried members reach out with questions.
January 11 -
Gail Enda is taking over at the $7 billion-asset institution as its outgoing leader, Angie Owens, takes a job with American Airlines.
January 11 -
Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.
January 11 -
The bill would require at least one gender diverse and one racially or ethnically diverse candidate to be interviewed for Fed regional bank president vacancies.
January 9





















