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The changes mean smaller universes for some of Wells Fargo’s long-standing business leaders.
February 11 -
The rewards for the men — and they’re all men — are notable, especially given only a third of the top 15 managers on the list beat the S&P 500.
February 11 -
While he hasn’t received a cash bonus since 2007, part of his stock award will settle in cash when it vests.
February 11 -
It took Credit Suisse’s chairman 19 meetings to woo Tidjane Thiam and one board meeting to say goodbye.
February 10 -
The federal judge said he would have sentenced the firm’s former chief executive to a year but gave him “a discount” for his extensive philanthropy.
February 7 -
“We saw a deterioration in terms of trust, reputation and credibility among all our stakeholders,“ Urs Rohner said
February 7 -
The unit was awarded a bonus pool that’s 5%-10% larger than last year, reflecting increased profits and assets, people familiar with the matter say.
February 6 -
Metrics and strategy are key at YCharts. So are mystery-flavored Oreos.
February 4 -
“The bank had better tools and systems to detect employees who did not meet unreasonable sales goals than it did to catch employees” engaging in misconduct, the regulator said.
January 24 -
The bank's former chief executive will pay a $17.5 million penalty and be banned from the industry.
January 23 -
The promotions positions Jim’s son Nathaniel Simons to assume his father’s role as chairman under a succession plan that began about a decade ago.
January 23 -
Some of Wall Street's most prominent executives have this in common: a long tenure.
January 22 -
The changes come a month after she was named CEO of the bank’s newly formed wealth management unit.
January 16 -
Assets under management at Nancy Prior’s group, which includes bond and money market funds, have grown from $714 billion under her leadership.
January 15 -
“Everything’s on the table for consideration,” the bank's chief financial officer told investors. “He’s certainly not beholden to decisions that we made previously.”
December 27 -
The top brass being unaware of this stuff happening on their watch doesn’t inspire confidence.
December 23 -
Competition with an ever-rising stock market, the difficulty of raising assets and the steady march of time are just a few factors leading managers to the exit.
December 20 -
The Chase Wealth Management and J.P. Morgan Securities operations will become one unit with $400 billion in assets.
December 12 -
The Wall Street executive founded three companies, including private-equity firm Lightyear Capital.
December 9 -
At a meeting last year, the firm’s CEO discussed how behavior would be held to a higher standard than rank-and-file employees, people familiar with the matter said.
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