Proxy news from FierceFinance

It's that time of the year. More banks will be disclosing fairly soon how much they will pay their CEOs. We're in for a wide range of bonus numbers. Vikram Pandit, CEO of Citigroup (C), has already... Read more...

The substance of Timothy Mayopoulos' testimony before the house panel was overshadowed somewhat by the disgust the Congressmen displayed for Brian Moynihan, who did not come off as credible and may... Read more...

The Bank of America board is morphing. Ken Lewis was stripped of his chairman title, making way for Walter Massey. Several old-guard directors have transitioned off. But one commentator on... Read more...

In the field of corporate governance, we live in interesting times. We're seeing some stunning moves to empower shareholders and hold directors more accountable. The Shareholder bill of rights is a... Read more...

Two Goldman Sachs executives with financial difficulties were "bailed out" in a sense by the bank. Before the TARP deal was struck, Jon Winkelried, the co-chief operating officer who retired last... Read more...

Shares of both Bank of America and Merrill Lynch have plunged ahead of their deal, resulting in an ever widening spread that some think reflects a lack of confidence that the deal will be... Read more...