C-suite

Which bank CEOs received the biggest raises in 2018?

03/17/19

Jamie Dimon remains the highest-paid chief executive, but his 5% pay raise was smaller than that of at least five of his counterparts. Here's what CEOs of 13 large and regional banks earned last year, based on recent proxy filings.

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CIT Group hires TIAA's Hubbard as top lawyer

03/14/19

James Hubbard will replace Stuart Alderoty, who left CIT earlier this year to join the fintech Ripple.

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First Republic, Stearns Bank and CIBC: Bankers on the Move

03/12/19

A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking.

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CIBC taps longtime insider to head U.S. operations

03/07/19

Michael Capatides, CIBC's chief administrative officer and general counsel, will take over as CEO of CIBC Bank USA on April 1, replacing Larry Richman.

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M&A on back burner as Valley chief focuses on fintech partnerships

03/07/19

Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach.

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In a twist, Wells Fargo gets $240M payout in latest phony-account settlement

03/01/19

The settlement would mark a rare instance where the bank stands to benefit monetarily from a scandal that has severely damaged its reputation and cost it hundreds of millions in penalties.

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Best Fintechs to Work For

02/24/19

These fintechs know how to have a good time. Novel employee benefits from the companies that made SourceMedia's 2019 list include cooking classes, weekly dance parties and free trips.

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First Republic extends CEO's contract, but hints at succession plan

02/14/19

The company has appointed President Gaye Erkan to its board of directors, potentially positioning her to replace longtime CEO James Herbert when he eventually retires.

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Valley National to cut 60 corporate jobs

02/13/19

The New Jersey bank said it will save millions of dollars by eliminating the jobs as well as selling and leasing back some of its real estate.

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BofA boosts Moynihan's pay to record $26.5 million

02/08/19

The CEO earned a 15% pay increase after the company posted record profits.

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