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Bank of America trims CEO Brian Moynihan’s pay package to $29M
Banking Dive via Yahoo Finance· 5 months agoIt marks the third time in four years the U.S.'s second-largest bank has cut its chief executive's...
Bank of America, Wells Fargo announce bonuses to rank and file
Banking Dive via Yahoo Finance· 5 months agoAbout 97% of BofA’s workforce will get restricted stock bonuses worth a collective $800 million,...
Bank of America raises minimum wage to $23 an hour as part of broader effort
WSOC via Yahoo News· 9 months agoBank of America Corp. will boost its hourly minimum wage to $23 this fall. It marks another step in...
Wells Fargo gives CEO Charlie Scharf an 18.4% raise, to $29M
Banking Dive via Yahoo Finance· 5 months agoThe bank said Thursday it would have paid its top executive $30.3 million for 2023, but Scharf...
Why Wall Street should worry about retail
CNN Business via Yahoo Finance· 5 months agoA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an...
Goldman boosts David Solomon’s pay 24% to $31M
Banking Dive via Yahoo Finance· 4 months agoThe bank rewarded its CEO for leading a retreat from consumer lending, despite a 24% dip in net income on the year. The package likely makes Solomon the...
Wall Street’s most powerful woman Jane Fraser sees pay rise to $26 million despite Citigroup profits...
Fortune via Yahoo Finance· 4 months agoCitigroup chief Jane Fraser has been handed a 6% pay rise to $26 million, thanks to her major...
Citigroup CEO Jane Fraser gets pay bump to $26 million after a 38% drop in profits
Yahoo Finance· 4 months agoCitigroup CEO Jane Fraser got a 6% pay bump after a year when profits dropped and Fraser began a...
Fraser’s pay is still on the bottom rung, but the floor has risen
Banking Dive via Yahoo Finance· 4 months agoThe Citi CEO saw a 6.1% compensation boost to $26 million — on trend among bank chiefs — in a year...