C-suite

Increasing Black representation poses challenges that adding women may not: Most women elected to boards had professional connections with the white men who still dominate boardrooms.

During Andy Kalbaugh’s tenure with the No. 1 IBD, its headcount grew by more than 50% to nearly 17,000 reps.

There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.

It’s enough to frustrate star traders, leaving them vulnerable to poaching by hedge funds willing to pay more.

Ben Meng’s downfall raises questions about who would succeed him in a job that attracts so much unwelcome attention, not to mention navigate a pandemic.

Institutions large and small are either creating new positions or elevating existing diversity heads to C-suite roles. Will the moves help banks improve equality within their ranks and better serve their communities?

Here’s what leaders around the world say must be done.

In the first half of the year, the country’s largest pension system cast votes against pay plans at 1,165 firms, or 52% of portfolio companies that held votes.

Mike Santomassimo is succeeding John Shrewsberry, who has held the role for the past six years.

The $217 billion alternative asset manager reported its biggest loss as a public company in the first quarter.