Anders Melin
The new capitalism is looking a lot like the old capitalism
NEW YORK – The Business Roundtable caused a stir last month by declaring the purpose of a corporation isn’t merely to generate returns for shareholders...
JPMorgan’s Dimon among CEOs rejecting investor-centric model
NEW YORK – Jamie Dimon and other leaders at some of the world’s largest companies said they plan to abandon the long-held view that...
BofA boosts Moynihan’s pay to record $26.5M for last year
NEW YORK - Bank of America Corp. awarded CEO Brian Moynihan a record $26.5 million for 2018, a 15 percent increase from a year earlier.
Moynihan,...
Three Equifax managers sold stock before cyber hack revealed
NEW YORK - Three Equifax Inc. senior executives sold shares worth almost $1.8 million in the days after the company discovered a security breach...
Bank of America boosts CEO Moynihan’s Pay 25% to $20M
NEW YORK - Bank of America Corp. awarded CEO Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent.
Moynihan...
Bank pay rules in U.S. seen boosting salaries, deterring hires
NEW YORK - Bankers trying to determine if their paychecks would be subject to a new set of U.S. rules may find that the...
JPMorgan, BofA would see pay rules hardened under U.S. proposal
NEW YORK - JPMorgan Chase & Co., Bank of America Corp. and the other four largest U.S. banks, which already restrict terms of senior...
Think CEO pay ratios at banks will be crazy? Check out...
NEW YORK - Retail executives with hefty pay packages and plenty of low-wage employees could end up looking worse than bank leaders when the...