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 ...
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 ...
A bipartisan group of senators has introduced a bill to give regulators the authority to claw back executive compensation after some bank officials made millions and received bonuses in the days and ...
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 ...
Bank of America CEO Brian Moynihan. Image source: Bank of America. Bank of America announced last month that its CEO, Brian Moynihan, received a $3 million pay raise in 2015. It also disclosed details ...
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