Corporate governance

Wells blasts 'extreme' advice from proxy firm to vote down directors

04/07/17

The company took aim at Institutional Advisory Services, which recommended on Friday that shareholders vote against 12 of the company’s 15 board members.

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Former Yadkin Financial chief quickly resurfaces to lead Live Oak's bank

04/03/17

Live Oak Bancshares in North Carolina has hired Scott Custer to run its bank. Custer recently resigned as a consultant to F.N.B. Corp. in a move that took place days after F.N.B. bought Yadkin Financial, where he had been president and CEO.

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Be like BMO, not like the big banks, on gender diversity

03/31/17

Get Bank of Montreal's best tips for real results on gender diversity, then try not to get disheartened by other big banks. Plus: Amy Brady, Mary Navarro and Donna Demaio.

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Megabanks lead fight to curtail influence of ‘social impact’ investors

03/30/17

Investors concerned about the impact on banking of climate change, the pay gap and ethics matters are pushing back against a coalition of the heads of the biggest U.S. banks and other public companies that wants to limit small investors’ access to proxy ballots.

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Investors Bancorp agrees to give board seat to big shareholder

03/29/17

The New Jersey company added a representative of Blue Harbour Group in Connecticut to its board.

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WL Ross lines up next Sun Bancorp director

03/29/17

James Lockhart is set to join the New Jersey company's board. He will replace Wilbur Ross, who had to resign after becoming Commerce secretary.

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Talking politics taboo in the workplace? B of A says it’s OK

03/24/17

The more vocal millennial generation is pushing companies like Bank of America to redefine diversity in the workplace to include more freedom of expression.

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Bank of Montreal CEO on diversity, honesty, their ties to lasting value

03/23/17

BMO recently won a diversity award for reaching its goal of having women in 40% of senior management jobs, and CEO Bill Downe argues equal treatment of employees will carry over to fair treatment of customers and create long-term profits for shareholders.

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Insiders continue to take advantage of post-election surge in bank stocks

03/22/17

Bankers, directors and other large investors are unloading millions of shares as bank stocks stay close to all-time highs.

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Performance before big pay, banks tell executives

03/21/17

So-called performance-share units are pushing aside stock options as the preferred long-term incentive pay for bank executives. Many investors and regulators fear that options can encourage reckless conduct and have other shortcomings, though options still have supporters.

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