Corporate governance

Maine bank eliminating Fed oversight by ditching holding company

01/07/19

Northeast Bancorp also expects the move to make it more efficient.

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PNC names manufacturing, tech executives to board

01/03/19

Executives from Microsoft and other firms will expand PNC's board to 14 members.

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Discover elevates lead director to chairman

12/17/18

Lawrence Weinbach will replace David Nelms, who had already stepped as CEO. The transition will take place Jan. 1.

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Why this bankers' bank is throwing in the towel

12/17/18

In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed.

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Regions separates chairman and CEO roles

12/12/18

The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner.

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Missouri bank recruits veteran banker to join its board

12/05/18

Mike Walsh, former CEO of Jefferson County Bancshares, has become a director at St. Louis Bank.

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'Banks controlled by politicians. What could go wrong?': Comments of the week

11/21/18

Readers react to trends in public banking, weigh potential changes for brokered deposits, consider oversight of foreign banks and more.

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Time to clean house at Wells Fargo

11/20/18

The megabank’s continued compliance problems suggest that all of its board members, along with 100 of its most senior managers, should be replaced to make way for real change.

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Why Citi is still keeping the CEO and chairman roles separate

11/05/18

The decision by Citigroup’s board to name an independent director as its next chairman — and not elevate CEO Michael Corbat to the post — is seen as good governance, but it’s also a sign that the company’s recovery from the financial crisis remains a work in progress.

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Evelyn Davis, thorn in side of banks and other firms, dies at 89

11/05/18

The activist investor butted heads with Warren Buffett and Henry Paulson, but had nothing but praise for Jamie Dimon.

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