Compensation

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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U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits

02/25/19

Year to date through Sep. 30, 2018. Dollars in thousands.

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How we select the Best Fintechs to Work For

02/24/19

A collaboration between SourceMedia and the Best Companies Group, the list is derived from reviews of employer benefits and policies and comprehensive surveys filled out by the companies' employees.

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Quarles stresses vigilance; Morgan Stanley to buy stock plan business

02/11/19

The Fed vice chair says regulators need to be on the “cutting edge” at spotting vulnerabilities; firm looks to win over future millionaires.

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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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Shutdown boosts payday lenders; CEO pay growth far outpaces rank-and-file

01/22/19

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.

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JPM merging payments units; Brit banks worried about consumer lending

01/18/19

The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.

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Jamie Dimon gets 5% pay hike after JPMorgan's record year

01/17/19

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.

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Citi says female employees earn 29% less than men

01/16/19

The bank also reported that, among its U.S. employees, people of color earn 7% less than their white colleagues.

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Deutsche Bank is said to plan cutting bonuses by about 10%

01/08/19

Deutsche Bank's management board plans to cut the bonus pool by around 10 percent as the German lender juggles cost pressures while trying to retain key employees, according to people familiar with the matter.

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