Compensation
Compensation
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As the coronavirus outbreak starts to ebb in New York and pressure rises on the U.K. government to end London’s lockdown, the largest banks are grappling with how to adhere to social distancing rules.
April 29 -
Unlike recent affairs that were marred by protests, this year's meeting — held online because of the coronavirus outbreak — went smoothly as investors overwhelmingly approved the bank's slate of directors and executive compensation plan.
April 28 -
The credit union regulator is making $125,000 in funding available for small, low-income lenders designated as minority depository institutions.
April 28 -
Many businesses are turning to the popular videoconferencing platform to stay connected to employees, but institutions need to think about measures they can take to utilize it safely.
April 28 -
Like other businesses, hospitals have been forced to make instant emergency changes because of the coronavirus. But many hospitals are concurrently getting a rush of demand for service with an unclear revenue stream.
April 27 -
Inside Citigroup's headquarters in Manhattan, executives are trying to solve a problem bedeviling much of Wall Street: How to get employees up elevators.
April 26 -
Lenders are set to flood the SBA with new PPP applications; long nights and weekends the new normal; Fifth Third rethinks new-branch designs in light of coronavirus; and more from this week's most-read stories.
April 24 -
Johnny Allison, the Arkansas company's chairman and CEO, agreed to reduce his base salary by 20%.
April 24 -
The popular videoconferencing service has been beset by security issues, and some banks have banned employees from using it. Are they overreacting?
April 23 -
The online lender, reeling from the economic fallout of the coronavirus pandemic, also said it is cutting senior executives' salaries by 25%.
April 21 -
Once it starts reopening offices around the world, it "will continue to prioritize the safety of our employees, customers and communities," Citigroup President Jane Fraser said.
April 21 -
The credit union regulator released its annual diversity report, which showed that more minorities were in senior roles but examiners remained predominantly white and male.
April 21 -
Renee Christoffer will take over leading the institution when Monte Berg, the current president and CEO, steps down at the end of July.
April 21 -
Minorities are often hit harder financially during a crisis, but if regulators move forward on revamping the Community Reinvestment Act, they’ll only make matters worse.
April 20 -
Despite limiting branch access and embracing social distancing, member-facing employees at some institutions have contracted COVID-19, and those few could be the tip of the iceberg.
April 17 -
"We've proven we can operate with no footprint," said James Gorman, Morgan Stanley's CEO. "Can I see a future where part of every week, certainly part of every month, a lot of our employees will be at home? Absolutely."
April 16 -
Many credit union employees are currently working from home to slow the spread of COVID-19 but this can invite more attacks from cyber criminals.
April 15 -
Reports from the Singapore office, a coronavirus war room and a hardworking IT staff all helped TD Bank Group get nearly all employees ready to work from home and able to handle a tripling of remote deposit capture activity.
April 15 -
Reluctant to cancel what have become pipelines for developing talent, banks are delaying start dates or moving programs entirely online.
April 13 -
A familiar face is taking the reins at the Baytown, Texas-based credit union, following the departure of its former chief executive earlier this year.
April 13




















