May 10, 2012 On what were essentially bad and risky bets made by the bank. Still, CEO Jamie Dimon tried to play down the situation in today's conference call.
Heidi N. Moore
May 3, 2012 CEOs in the U.S. earned nearly $6 million on average, up 15 percent over last year and 28 percent the year before that.
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.
May 8, 2012 Bank overdraft rules are poorly understood, especially by two groups: the young and low-income consumers.
May 2, 2012 European finance ministers are meeting today about how much money banks should have around in case of emergency. Banks argue the more that's set aside the less they have to lend and invest.
Apr 25, 2012 A report out today from the special inspector general who oversees the 2008 bank bailout known as TARP has some bad news about small banks. He says more than 300 small banks that borrowed money from the federal government during the financial crisis have yet to pay it back.
Apr 25, 2012 In a report to congress, TARP's inspector general says while the program will likely end up making a profit for taxpayers, there's ongoing worry that many small banks are having trouble paying back the feds.
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 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 Fifty-five percent of the bank's shareholders voted against pay packages for top execs, including $15 million in compensation for CEO Vikram Pandit. The vote is advisory only, though, and thus doesn't actually force a change in Citi's pay practices.