Corporate governance

'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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Ex-comptroller Dugan to be new Citi chairman

11/05/18

John Dugan in January will succeed Mike O’Neill, who recently turned 72 and under Citigroup rules may not seek re-election to the board.

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Former bank chairman charged with loan fraud

10/31/18

Fred Daibes and an associate allegedly conspired to fraudulently obtain loans from Mariner's Bank, a New Jersey institution he helped found.

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Va. bank faces renewed call to return capital to shareholders

10/19/18

Driver Management said it would also support National Bankshares if it decided to sell itself.

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CFPB’s Mulvaney unmoved by external pressure to oust top aide

10/11/18

The uproar over the incendiary writings of a Consumer Financial Protection Bureau official have led to calls for his removal, but the agency’s interim chief says he won’t “let any outside group dictate who works here.”

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Why the rise of female general counsels matters

10/11/18

A growing number of the top lawyers at major financial institutions are women. What’s it going to take to get other departments to follow suit?

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FDIC transparency plan seeks to open its inner workings to public

10/03/18

A new agency webpage has information on nearly every aspect of the agency's operations, including de novo applications, bank exams and failures.

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