Tag:
executive pay
Latest Headlines
Latest Headlines
Credit Suisse to pay bonuses in structured notes
We hear a lot these days about the need to get more creative in terms of aligning the interests of employees and shareholders.That usually means stock options and restricted stock grants, which may or may not be truly aligning interests.
Credit Suisse has been among the banks most willing to t
Eaton Corp. praised for extended pay disclosure
The big knock on the way CEO pay is currently reported in financial statements is that it provides an incomplete picture of toal compensation. It's a tricky issue, one that has spawned a lot of
Jamie Dimon on the future of banker compensation
Are we at a compensation inflection point in the banking industry? The conventional wisdom is that the glory days of fat compensation are over.
This view was eloquently expressed at the recent Goldman Sachs bank investor conference by Kenneth Jacobs, the CEO of Lazard. As quoted by Financial
"Moral rot" on Wall Street
Former investment banker William Cohan has emerged as one of the more incisive critics of all that ails Wall Street by dint of his book "Money and Power: How Goldman Sachs Came to Rule the World," and his trenchant commentary in Bloomberg and other venues. Some have noted that former inves
Corporate perks draw lots of interest
It's become a staple of the financial media: scour regulatory filings to ferret out all the perks that top corporate executives enjoy. The laundry list makes for a great read. The Chicago Tribune,
Goldman Sachs execs big pay day stokes mild criticism
The top five executives at Goldman Sachs ( NYSE: GS ) fared well for their work in 2010. CEO Lloyd Blankfein's compensation package included $5.4 million in cash, $12.6 million in a restricted stock award, a $600,000 salary and $464,000 in other benefits. CFO David Viniar, President Gary Cohn, V
Warren Buffett criticizes U.S. executive pay
There is an unspoken rule that politicians should avoid criticizing the standing government when they travel abroad--at least not too harshly. In finance, there is no such convention. And Warren Buffett was only too happy to offer his views of executive compensation, especially at top financial fi
Higher bank dividends to enrich top executives
Everyone expects the Fed to give top banks the thumbs up on higher dividends soon. Many banks and analysts have all but assured shareholders that higher payouts are coming.
Recall banks were forced to slash payouts, in some cases to near zero, as the financial crisis tool its toll. Normally, a
Wall Street CEO compensation still excessive
What to make of CEO compensation at top banks? On one hand, regulators have weighed in with new rules and guidelines, which emphasize deferral of compensation, clawbacks, proper incentives and alignment of shareholders' interests with executives' interests. Presumably, all compensation plans have
Bank of America eats large home losses for Desoer
Bank of America ( NYSE: BAC ) is taking some heat for its generous relocation package for top executives. The WSJ 's Deal Journal sets up a contrast between the bank's opposition to a government plan to reduce principal for some underwater homeowners and its willingness to eat massive los
