Sustainability| More...
 

Bank Pay

Despite Pay Czar's Cuts, Many Top Executives Have Already Left Bailed-Out Firms

washingtonpost.com | Tomoeh Murakami Tse and Brady Dennis | Posted 10.23.2009 | Business

Read More: Tarp, Wall Street Pay. Kenneth Feinberg, CEO Pay, Bailout, Merrill Lynch Bank of America, Aig, Banks, Pay Czar, Bank Pay, Citigroup, Business News

The administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the mo...

Read Whole Story

Pay Restrictions May Not Fix Underlying Risk-Taking

Washington Post | Steven Pearlstein | Posted 10.22.2009 | Business

Read More: Wall Street Pay, Executive Compensation, Banks, Wall Street, Bank Pay, Business News

With financial markets booming even as Main Street is still largely mired in recession, policymakers in Washington on Thursday were scrambling to cont...

Read Whole Story

Bank Pay: Fed Proposes Guidelines On Compensation For The First Time

AP | JEANNINE AVERSA | Posted 10.22.2009 | Business

Read More: Executive Compensation, CEO Pay, Wall Street Pay, Federal Reserve, Banks, Ben Bernanke, Bank Pay, Business News

WASHINGTON — The Federal Reserve would police banks' pay policies to ensure they don't encourage employees to take reckless gambles like those t...

Read Whole Story

Jiang Jianqing, CEO Of Top China Bank, Earned Just $234,000 Last Year

Reuters | Steve Eder | Posted 11.23.2009 | Business

Read More: CEO of World's Largest Bank, CEO Pay, Jian Jianqing, Bank Pay Worldwide, Industrial and Commercial Bank of China, Bank Pay, Business News

NEW YORK (Reuters) - You wouldn't know it by his pay stubs, but Jiang Jianqing heads the world's largest bank....

Read Whole Story

G20 Summit Pittsburgh: Protectionism Rising Concern For Attendees

AP | By TOM RAUM | Posted 11.21.2009 | Business

Read More: G20 Summit, World Trade Organization, g20 Pittsburgh, Protectionism, g20, China, Bank Pay, Business News

...

Read Whole Story

Goldman CEO Says Pay Backlash Is 'Appropriate'

AP | DANIEL WAGNER | Posted 11.09.2009 | Business

Read More: Lloyd Blankfein, Goldman Sachs, CEO Pay, Executive Pay, Banker Bonuses, Wall Street Pay, Bank Pay, Clawback, Business News

WASHINGTON — After years spent raking in millions as a top executive of Goldman Sachs Group Inc., Lloyd Blankfein said Wednesday that outsized b...

Read Whole Story

French Bankers Agree To Limits On Bonuses

nytimes.com | MATTHEW SALTMARSH | Posted 09.25.2009 | Business

Read More: Banks, Nicholas Sarkozy, French Bankers, Bank Pay, Business News

PARIS -- President Nicolas Sarkozy of France on Tuesday announced steps, agreed to by bankers, to curb excessive compensation in the industry as he pl...

Read Whole Story

Wall Street Pay Restrictions: The Financial Times On Why We Need Them

ft.com | Lucian Bebchuk | Posted 09.03.2009 | Business

Read More: Say on Pay, Lucian Bebchuck, Wall Street Pay, Finanical Regulation, Wall Street Bonuses, Bank Pay, Business News

A bill requiring federal regulators to draw up rules for compensation structures in the financial sector was passed by the US House of Representatives...

Read Whole Story

Bank Pay Restrictions Face Senate, Obama Skepticism

bloomberg.com | Ian Katz and Jesse Westbrook | Posted 08.31.2009 | Business

Read More: CEO Pay, Barack Obama, Goldman Sachs, Bailout, Aig, Bank Bonuses, Bank Pay, Andrew Cuomo, Cuomo Report, Citigroup, Business News

July 31 (Bloomberg) -- Restrictions on financial industry bonuses heading to a vote in the U.S. House may be rejected by the Senate and the Obama admi...

Read Whole Story

Cuomo Details Bonuses From Bailed-Out Banks

AP | Stephen Bernard, AP Business Writer | Posted 08.30.2009 | Business

Read More: Bank of America, JPMorgan Chase, Citigroup, Andrew Cuomo, Bailout, Bank Bouses, Wall Street Pay, Tarp, Bank Pay, Business News

NEW YORK (AP) -- Citigroup Inc., one of the biggest recipients of government bailout money, gave employees $5.33 billion in bonuses for 2008, New York...

Read Whole Story