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The measure, however, received 66% approval — 20 percentage points lower than last year’s nonbinding advisory vote on executive compensation at the bank.
Goldman Sachs shareholders voted to approve pay packages, including hefty retention bonuses, for top executives CEO David ...
Proxy adviser Glass Lewis had earlier recommended investors cast vote against the compensation plans, citing the bank’s “continued inability to align pay with performance.” ...
That’s not to say they won’t be affected. “Banks are a cork in the ocean when it comes to the economy,” JPMorgan Chase & ...
A comment from U.S. Treasury Secretary Scott Bessent has reignited fears on Wall Street about a forced delisting of Chinese ...
The company's board credited CEO Brian Moynihan with growing its net income 2.3% last year and boosting revenue 3.4%.
The financial crown America built over decades is now slipping. Wall Street’s dominance in global banking is under direct ...
Additionally, banks are underwriting much better loans than before the Great Recession and generally require much more equity from borrowers. Wealth management loans have more than doubled, while ...
Talks of a recession heated up on April 9 when Jamie Dimon, the CEO of JPMorgan Chase, said the US is likely headed toward a ...
A tariff-driven recession would "particularly" weigh on small businesses and would lead a spate of "well-run" companies to go ...
JPMorgan Chase & Co. CEO Jamie Dimon and Bank of America CEO Brian Moynihan on Thursday received a letter from John Moolenaar ...
JPMorgan Chase & Co and Bank of America should withdraw from working on the initial public offering of Chinese electric ...