Compensation

HSBC pays U.K. women 59% less than men, widest bank gap so far

03/15/18

The gap, already more than three times the national average, will widen to 60% this year, the company said in a report Thursday.

[more]

Senate passes Dodd-Frank rollback; Sloan's payday

03/15/18

The measure easily passes with a two-thirds majority; Wells Fargo CEO's pay up by a third, but no cash bonus.

[more]

Wells Fargo's Sloan received a 35% pay bump in 2017

03/14/18

CEO Tim Sloan was paid $17.4 million, though he was denied a cash bonus, as the San Francisco bank continued to contend with scandal fallout.

[more]

HopFed probe clears CEO after claims of dubious insider deals

02/26/18

An investor had accused John Peck of using a HopFed lawyer to handle his purchase of real estate from an influential member of the company's board.

[more]

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

02/26/18

Year to date through Sep. 30, 2017. Dollars in thousands.

[more]

Gender pay gap numbers at JPM, and other banks, don't tell whole story

02/23/18

JPMorgan Chase said Friday that its female employees earn 99% of what male employees make globally, but women remain underrepresented at senior levels and it hinted the unadjusted numbers it will report soon in the U.K. will be less flattering.

[more]

Big five CEOs clean up; More cuts at Deutsche Bank

02/20/18

Average pay among big bank chiefs last year rose 17% to $25.3 million; bank may let go up to 500 bankers and traders in latest restructuring.

[more]

Citigroup lifts Corbat's pay 48% to $23 million for '17

02/16/18

Citigroup Chief Executive Officer Michael Corbat received $23 million in compensation for 2017, a 48 percent increase from a year earlier and the biggest pay package he's received since taking the top job.

[more]

Big banks mostly mum about sexual harassment policies

02/15/18

Very few of the 20 largest banks in the country would answer just a few basic questions about their policies and programs around sexual harassment. But — trust them! — they are committed to equality. Even Maria Contreras-Sweet is kept out of critical meetings, though perhaps this wasn’t a “no girls allowed” situation, like at Point72 Asset Management.

[more]

The business case for eliminating gender pay gaps at banks

02/15/18

Natasha Lamb, the activist investor who got four large banks to publish adjusted gender pay gaps, explains why companies with gender diversity perform better.

[more]