Corporate governance

New chief risk officer named at Santander Holdings

05/22/18

Mahesh Aditya will immediately take over risk management for the U.S. subsidiary of Banco Santander, which is trying to turn the corner after several tough years on the regulatory and financial fronts.

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Fed to new Deutsche Bank CEO: Fix this bank — fast

05/17/18

Christian Sewing doesn’t only have to reshape the company, revive profits and improve morale, he has to get regulators off Deutsche Bank’s back.

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Tension escalates at annual meetings as banks wade into social issues

05/15/18

During JPMorgan Chase's shareholder meeting Tuesday, Chairman and CEO Jamie Dimon faced criticism from the left and right about its investments in companies with ties to genocide and a donation it made to a well-known civil rights group. It's a spot other CEOs have found themselves in lately.

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Wells Fargo likely to remain in Fed doghouse longer than expected

05/10/18

The embattled company said Thursday that the asset cap imposed by the Federal Reserve will likely remain in place through “the first part of 2019.” Is this a sign of further delays to come?

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This N.C. bank is going to great lengths to avert hostile takeover

04/26/18

KS Bancorp wants to become a corporation in business-friendly Delaware, which would be more likely to back its defensive-minded share-rights plan.

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Wells directors reelected; CFPB wants to close complaint database

04/25/18

All 12 directors win nearly 90% of the vote, as does long-time auditor KPMG; Mulvaney says records haven’t been vetted by the agency and shouldn’t be released.

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Wells Fargo, you’re the worst’: Scenes from testy annual meeting

04/24/18

CEO Tim Sloan and board chair Elizabeth Duke fielded tough questions Tuesday on everything from the embattled bank’s culture to its ties to the private prison industry.

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Do multiple charters still make sense?

04/17/18

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs.

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Proxy advisers support Ohio bank in battle with activist investor

04/12/18

Stilwell Group is trying to win a board seat at Wayne Savings Bancshares.

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Wells Fargo execs, directors got the boot. Will its auditor be next?

04/05/18

KPMG has been the bank's auditor since 1931. Critics say it's time for a change.

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