A growing number of bank leaders are expressing increased concerns about compensation, succession planning and talent acquisition and retention, according to a June 20 report from Bank Director’s 2023 ...
The Failed Bank Executives Clawback Act was introduced today by U.S. Sen. Mark R. Warner of Virginia. Warner, a member of the Senate Banking Committee, leans a bipartisan group of colleagues building ...
(Hollywood, Florida) -- Some banks are having a tough time making the changes to their advisers’ compensation models that will be necessary under a fiduciary rule. This was just one takeaway from a ...
(RTTNews) - German banking major Deutsche Bank AG disclosed in its annual report that total compensation awarded to its employees in 2020 was 10.1 billion euros, flat year-on-year. Variable ...
The latest announcement is out from Mercantile Bank ( (MBWM)). Mercantile Bank’s Board of Directors has approved a new Nonqualified Deferred Compensation Plan #2, effective January 1, 2025, offering ...
Senator Elizabeth Warren, D-Mass., is leading a piece of bipartisan legislation that would give the Federal Deposit Insurance Corp. greater power to claw back compensation from failed bank executives ...
President Joe Biden's calls for legislation to claw back stock sales and other compensation to the executives of failed banks may not go anywhere, but regulators could achieve many of those same ends ...
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