May 4, 2012 As general wages stagnate, CEO pay rose 10 percent last year. Shareholders are increasingly challenging the pay packages. Some boards are listening.
Apr 19, 2012 A peek inside annual meetings for the big banks, where small shareholders get to talk directly to executives.
Apr 18, 2012 Citigroup shareholders said no dice to a hefty pay package for senior executives, including a $15 million salary for Citigroup's CEO.
Apr 18, 2012 Citigroup stock is down 0.1 percent , that after shareholders in an advisory vote said no dice to a hefty pay package for executives, including a $15 million salary for Citigroup's CEO.
Apr 18, 2012 Citigroup and other companies face shareholder disapproval of high executive pay. Will the boards of directors heed the concerns?
Apr 13, 2012 The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
Heidi N. Moore
Mar 13, 2012 Turns out American banks are in a much better position financially than we thought.
Mar 2, 2012 A JPMorgan Chase executive said this week that clients who have less than $100,000 in deposits are unprofitable for the bank. New York bureau chief Heidi Moore discusses consumer reaction to that statement, and what it means for the bank.
Heidi N. Moore
Feb 29, 2012 J.P. Morgan Chase is posting record profits and opening hundreds of new branches. But most depositors don’t make the bank any money at all.
Feb 23, 2012 Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.